The Texas economy has been setting the standard for economic growth, leading the country in major new corporate locations for the past 10 straight years. The population is also diverse and growing, which is not the case in many parts of the country. We're also seeing the continued emergence of industries in the state as the business environment encourages growth. One segment where Texas once lagged other regions was that of biosciences and related manufacturing. Well, folks, that has changed!!
The Advanced Research Projects Agency for Health ("ARPA-H") was recently established as a new federal agency with the mission of transforming health research and innovation. The concept is similar to that of the Defense Advanced Research Projects Agency (DARPA), which has fostered countless breakthrough discoveries (and is about the coolest place on earth). ARPA-H is charged with finding solutions to society's most challenging health crises, including cancer, Alzheimer's, and AIDS. Moreover, treatments are to be broadly accessible to improve outcomes across the globe while simultaneously containing medical costs.