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The Biosecurity Modernization and Innovation Act establishes requirements for companies that synthesize and sell nucleic acid sequences in interstate and foreign commerce to implement security protocols. Covered entities must verify buyer identity, establish purchase purposes, screen sequences against a federal list of high-risk sequences, refuse sales based on risk criteria, and report suspicious transactions to the Secretary of Health and Human Services. The bill directs the Secretary to issue guidance on compliance approaches, maintain a list of covered sequences, and submit reports to Congress on biotechnology competitiveness and national security risks.
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