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April 26, 2011

NY Biotech Leaders Pursue Empire State of Mind with One-Stop Shop Proposal

Think tank is also promoting tax credit extensions, tailored incentives, and easier tech transfer as cures for state’s life science blues.

NY Biotech Leaders Pursue Empire State of Mind with One-Stop Shop Proposal

For New York to reach the top tier of biotech clusters in the U.S., one focus will need to be on raising more life science venture capital. [© Gary - Fotolia.com]

For years New York state has had the makings of a strong biotechnology cluster It graduates the nation’s fourth-highest number of bioscience majors (9,630 in the 2008 academic year) Its academic institutions spend some $27 billion on bio R&D, more than any state except California...

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