Massachusetts will be home to a center dedicated to finding faster, more efficient and effective treatments for cancer, Alzheimer's, diabetes and other diseases.
Massachusetts Economic Development Secretary Yvonne Hao described ARPA-H as an initiative to speed up the process of developing new, effective innovations in health care. "How do we think big about curing cancer and preventing diabetes and, you know, reducing health equity disparities and getting drugs to market fast?" she said."These are big, complicated problems that can be solved by applying big chunks of money and really moving much more quicker and much more creative."
It's not yet clear how many jobs the initiative will bring to Massachusetts. Hao said she expects more details in the coming weeks.