New biotechnology facility should bring thousands of jobs to Texas
— reported by KTRK ABC Channel 13
A $50 million grant from the Texas Enterprise Fund will be used to create a biotechnology institute that will bring thousands of jobs to the state and that researchers believe will one day lead to medical breakthroughs, Gov. Rick Perry announced Saturday.
The Texas Institute for Genomic Medicine is a partnership between the Texas A&M University System and Lexicon Genetics.
A diversified economy is what has helped Houston, and in some instances Texas as a whole, fare better than the rest of the country in these tough economic times. Bringing in biotechnology or rather bringing in more biotechnology to the state and the Houston area can only be good news in the long run.
Just my opinion.