Biden Signs Order to Boost Biomanufacturing, Compete with China

President Joe Biden signed an executive order laying out a strategy to bolster domestic biomanufacturing and reduce reliance on China for new medicines, chemicals and other products.

Biden signed the order Monday morning before giving a speech in Boston. The White House will also hold a summit Sept. 14 to discuss the initiative and announce new investments in domestic research, development and production capabilities, according to a statement.

While the US has one of the world’s strongest biotechnology industries, some high-tech production has migrated abroad. US national security and intelligence officials are particularly concerned about reliance on China’s advanced ...