Wisconsin Economic Development Corporation’s Post

Exciting News for Wisconsin! 🎉 We’re thrilled to share that Wisconsin has been selected as a U.S. Regional Tech Hub, unlocking $49 million to enhance our personalized medicine and biohealth sector. This milestone, led by BioForward, Inc. Wisconsin, brings our total funding to over $80 million, including state funding and industry contributions. Here’s what this means for our state: 🔬 Advanced biohealth solutions 👩🔬 Expanded research and lab space 🏫 Enhanced workforce development 💰 Improved access to capital for businesses This initiative, organized by the Governor Tony Evers Administration through Wisconsin Economic Development Corporation, is projected to create: 👩🔬 30,000 direct jobs in personalized medicine 👥 111,000 indirect jobs 💼 $9 billion in regional GDP growth At Novii CPA, we’re here to support this growth with: 💼 Expert financial guidance for startups and growing businesses 📊 Strategic planning to maximize funding and investments 📈 Comprehensive accounting services to support your business at every stage We are excited to see Wisconsin positioned as a global leader in biohealth innovation and economic growth! Read the full press release: https://lnkd.in/g9MTEAxg #WisconsinTechHub #Biohealth #PersonalizedMedicine #EconomicGrowth #Innovation #BioForwardWisconsin #NoviiCPA #WEDC

mpowering lives, one study at a time! 🚀 Viking Clinical Research is dedicated to improving healthcare through innovation and research. 💪 Join us in our quest for a brighter, healthier future! 🌟 #ClinicalResearch #ResearchTrials #ClinicalStudies #ClinicalTrials #ClinicalResearchStudy #ResearchStudy #Temecula #RiversideCounty #VikingClinicalResearch #VikingCR

mpowering lives, one study at a time! 🚀 Viking Clinical Research is dedicated to improving healthcare through innovation and research. 💪 Join us in our quest for a brighter, healthier future! 🌟 #ClinicalResearch #ResearchTrials #ClinicalStudies #ClinicalTrials #ClinicalResearchStudy #ResearchStudy #Temecula #RiversideCounty #VikingClinicalResearch #VikingCR

Today, the Department of Commerce announced Wisconsin has officially been selected as a U.S. Regional Tech Hub, unlocking $49 million to grow the state’s personalized medicine and biohealth sector, including advancing research and innovation, growing the state’s economy and creating jobs, and boosting American competitiveness in a cutting-edge industry. The designation will allow the consortium to boost research and expand lab space, increase coordination and collaboration, improve access to capital to start and grow businesses, and further build out the personalized medicine and biohealth technology sector. This federal funding is matched by state funding of $7.5M and industry funding of $24M, bringing the total funding and commitments to over $80 million to support transformative projects. A year ago, WEDC convened a group of Wisconsin leaders, and together we identified this opportunity. Teams of hard-working collaborators have worked to get us to this moment – but without leaders like Senator Tammy Baldwin and Governor Tony Evers – this never would have happened. Did I mention Wisconsin is having a moment? Scratch that. Momentum. https://lnkd.in/geki5DSY

GREAT NEWS for #Wisconsin! The U.S. Economic Development Administration (EDA) announced $49 million in Phase 2 funding to the Wisconsin Biohealth Tech Hub, a groundbreaking initiative set to drive transformative #medical #innovation, #workforce development and critical job growth across #Wisconsin. The University of Wisconsin-Madison, one of 18 members of the Biohealth Tech Hub consortium, was a key partner in the effort. Selected from a highly competitive pool of applicants, the designation showcased an unprecedented scale of collaboration between #industry, #highereducation, government and other stakeholders. The effect on the state is expected to be significant. Consortium members estimate that Phase 2 initiatives will directly create up to 30,000 new jobs, with an additional 111,000 indirect jobs. “This Phase 2 award trumpets something I see every day at University Research Park. From the research and innovation springing from the University of Wisconsin–Madison to the ingenuity of our manufacturing base, Wisconsin is poised to lead the globe in biohealth technology.” - Aaron Olver, managing director of University Research Park and chair of the Wisconsin Biohealth Tech Hub Consortium Steering Committee. Press Release: 'Federal funds awarded for biohealth with UW–Madison leading the way' https://lnkd.in/g4mWdcDY via UW–Madison #biohealth #biotech #leadership #OnWisconsin

#ResearchWithinReach Escape the #researchdesert of Central Illinois. Without the need to travel for hours on end. YOU, the patient, have the right to participate in any clinical trial regardless of your local specialists' experiences. Right here..in your home town.... at the doctor's office that you know, choose, and trust. You don't have to leave your doctor, your doctor is paid for services provided, and we advance medicine faster. THAT is Land of Lincoln Clinical Research's #ResearchWithinReach program, and we are partnering with organizations across the country to bring you the best possible research experience, Central Illinois. Like/Follow/Share the LoLCR mission. Talk to your doctor about clinical trials. And call us today to learn more about #ResearchWithinReach in Central Illinois. #lolcr

#ResearchWithinReach Central Illinois is a #researchdesert With sparse little pockets of opportunity depending on physician experiences and hobby departments. It doesn't have to be like this. Its 2023, regulations are changing to expand access, technology is developing, and Land of Lincoln Clinical Research is brining an entire global industry of clinical trials right here to Central Illinois. Like/Follow/Share our mission. Talk to YOUR doctor about participating in clinical research. And contact us to learn more about our community programs. #lolcr.

#Wisconsin has received official designation as a Regional #Technology Hub from the U.S. Economic Development Administration (EDA). This designation clears the way for Wisconsin to compete for up to $75 million in #federal investments, and right away Wisconsin will receive a $350,000 grant for strategic development. #Personalizedmedicine—including genomic #innovation, advanced imaging, #bigdata analytics, and #artificialintelligence – will be a major focus of the hub; it will also include a Patient Advisory Group with a goal of improving #medical care and ensuring that real patient needs are steering the hub’s direction. Ongoing collaboration through the hub “enables many of the key stakeholders in this vibrant field to #research, think, and plan collectively instead of working through challenges on their own,” said Aaron Olver, chair of the Wisconsin Biohealth Tech Hub Consortium, which formed for the purpose of enhancing #collaboration and pursuing the federal designation. “By working together, we can speed up innovation, share resources and knowledge, and advance promising treatments to improve patients’ lives.” Article: 'Federal recognition of Wisconsin's biohealth leadership opens door for further development, funding' https://lnkd.in/gWFTia_d via Wisconsin Economic Development Corporation

It is critical to take a direct-to-patient approach to simplify recruitment and engagement in observational research. In this article by Labiotech.eu, PicnicHealth Chief Medical Officer Dan Drozd, MD MSc shares his thoughts on the future of trial recruitment. Learn more: https://lnkd.in/g8feu6EU #futureishere #recruitment #patientengagement #observationalresearch

ANDHealth welcomes the Albanese Government’s commitment to develop a unified National Health and Medical Research Strategy to guide investment into health and medical research. The announcement also included a reaffirmation of the importance of the Medical Research Future Fund (MRFF) and its existing streams, by way of a $1.4 billion commitment to the Medical Research Future Fund, including: 🔹 A new 10-Year Low Survival Cancers Mission 🔹 A new 10-Year Reducing Health Inequities Mission 🔹 Continuing existing streams of life-changing MRFF funding ANDHealth CEO Bronwyn Le Grice said: “There is tremendous potential for Australia to rapidly rise through the entrepreneurship ranks if it invests smartly and builds upon Australia’s deep roots in traditional health and medical research capability.” “We warmly welcome this announcement of a unified national strategy, which is desperately needed to deliver better-aligned health and medical research outcomes, and we look forward to working with the government to develop a cohesive strategy.” Read more: https://loom.ly/zM44tzw