Over $50M in federal funds are going to Virginia’s pharma manufacturing sector
Manufacturing in Virginia is getting a large boost in funds from the federal government to support new capabilities and training programs for essential generic medicines.
The US Department of Commerce announced that $52.9 million in grants will be going toward the Advanced Pharmaceutical Manufacturing (APM) Cluster in central Virginia. The funds are a part of the “Build Back Better Regional Challenge” within the American Rescue Plan, which is designed to help boost economic recovery from the Covid-19 pandemic and to place funding in underinvested areas.
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