Quotes from Florida Politics, February 21, 2024
By Jacob Ogles
Committees are anticipated to deliberate on the ban in both the House and Senate this Thursday
Biotech investors from across America have expressed their concerns about a proposed cultivated meat ban in Florida. In a letter addressed to Governor Ron DeSantis and legislative leaders, 30 venture fund leaders highlighted the potential economic ramifications of such legislation.
The passage of this legislation will have economic consequences for Florida,” states the letter.
Biotechnology and biomanufacturing are rapidly growing industries in the United States. Biomanufacturing leverages biological systems to produce goods at a commercial scale, offering innovative solutions across various sectors, including plastics, fuels, foods, and pharmaceuticals.
In this emerging industry, investors have already committed nearly $3 billion in capital to support biomanufacturing products, creating thousands of jobs in this promising field.
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