Federal grant aims to boost Manchester's regenerative manufacturing industry
BioFabUSA developing manufacturing process for human tissue for transplants
BioFabUSA developing manufacturing process for human tissue for transplants
BioFabUSA developing manufacturing process for human tissue for transplants
A major investment is coming to New Hampshire to get a cutting-edge industry off the ground.
U.S. Commerce Secretary Gina Raimondo visited BioFabUSA in Manchester on Friday to discuss the grant, which will help the program develop human tissue that's suitable for transplants.
"What's happening here at BioFab is incredible," Raimondo said. "It's the next generation of innovation that America needs."
BioFabUSA is a program of the Advanced Regenerative Manufacturing Institute. It's one of 21 winners of the Build Back Better regional challenge, getting a $44 million grant to support bringing its lab-made human tissue to market.
"You should be so proud that you received this money," Raimondo said. "It was an intense competition that my department ran. We were highly over-subscribed."
The hope is to make southern New Hampshire the global epicenter of bio-manufacturing, creating products with the potential to revolutionize health care.
"The savings potential here is extraordinary, too, so that would be another return on investment for the federal dollars," said U.S. Sen. Maggie Hassan, D-New Hampshire.
The regenerative technology and research are underway at Manchester's mills, which used to be home to the busiest textile manufacturing in the world. The people behind the technology say they want New Hampshire to become known as "Regen Valley."
"Success is what we saw today: the beginning of tissues and cells and organs that are going to change people's lives because they're going to be able to live healthier," Shaheen said.
The investment is aimed at getting the program's products ready for manufacturing at an efficient, profitable scale, which means more jobs. Manchester Mayor Joyce Craig said being home to a budding industry is underscoring the need for more housing.
"This year, we have over 2,000 units in development, 500 are affordable, but we really need to focus on generating more affordable housing around the state, so we can bring the workforce here to take these jobs," Craig said.