The Texas economy has set the standard for economic growth, leading the country in major new business locations for the past 10 consecutive years. The population is also diverse and growing, which is not the case in many parts of the country. We are also witnessing the continued emergence of industries in the state as the business environment encourages growth. One segment where Texas once lagged other regions was in biosciences and related manufacturing. Well, folks, that has changed.
Texas has world-class health care facilities, research organizations, research universities, research laboratories, and medical schools. In fact, the largest medical center in the world and the largest military medical complex in the country are located here. The state has the best medical schools and research universities, a large and growing technology sector, excellent research laboratories, a culture of innovation, and a regulatory environment conducive to progress. The result is the emergence of a dynamic medical research and technology sector.