The Power of Partnership - the Richmond-Petersburg Region Secures Designation as Tech Hub by Biden-Harris Administration and U.S. Department of Commerce

Key Facts

• The application is led by the Commonwealth Center for Advanced Manufacturing (CCAM) on behalf of the Alliance for Building Better Medicine (Alliance), a program of Activation Capital, which has brought together diverse member organizations like CCAM to develop an advanced pharmaceutical manufacturing cluster in the Region.
• "The research at the Medicines for All Institute at Virginia Commonwealth University over the past decade was foundational to the building of an APM cluster in the Region, but without the strong partnerships we've developed through our work as an Alliance we would not have had the opportunity to change the landscape for medicine manufacturing for the nation and beyond.
• "The Tech Hub designation secured by the Alliance and made possible by Commonwealth Center for Advanced Manufacturing serving as the lead on the application process is another monumental step forward for transformative programs that are powered by partners working arm in arm to create a thriving and equitable ecosystem for generations of innovators to come."
• "As an Alliance, we are fostering collaboration between members that will result in unprecedented levels of access to life-changing medicines while simultaneously driving economic growth, national security, and job creation," said Robby Demeria, Founding Board Chair of the Alliance for Building Better Medicine and Chief Corporate Affairs Officer at Phlow Corp. "Serving as a designated Regional Innovation and Technology Hub will help us further transform the Richmond-Petersburg region into a central access point for R&D, advanced pharmaceutical manufacturing, workforce development, and supply chain development.

Click To Read Full Article