State officials are touting Wisconsin’s precision medicine “Tech Hub” designation as a win for the state’s biohealth industries.

The U.S. Department of Commerce yesterday announced the Wisconsin Biohealth Tech Hub effort, led by Madison-based BioForward Wisconsin, is one of 31 such initiatives selected for Regional Technology Hub designation by the U.S. Economic Development Administration.

Wisconsin is getting $350,000 in planning funds, and has the opportunity to apply for up to $70 million in implementation funding, according to the federal agency.

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