Breakthroughs in biotechnology hold the potential to transform lives for patients and families in search of treatments and cures while generating economic growth and creating high-impact jobs. Developing pathways to personalized healthcare options for all Americans is a critical frontier in research and development. Moreover, American leadership in a dynamic, global bioeconomy is critical to our national security. While America has been the world leader in health innovation to date, our economic competitiveness is threatened by ambitious investments made by China to rapidly advance its own biotech agenda.
For years, China has invested heavily in efforts to collect American healthcare records and personal health data. Through state-controlled biotech companies, Beijing has aggressively gathered personal health data from Americans and other countries in an effort to dominate the bioeconomy.
