9 of the top 50 American Research Universities (ranked by The Center For Measuring University Performance), including Columbia University (ranked number 1!) Cornell, New York University, Rockefeller University, University of Rochester and Stony Brook University.
10% of the membership of the National Academy of Sciences (NYSTAR)
More than 10% of the entire membership of the National Institute of Medicine (NYSTAR)
In 2005, Business Facilities Magazine named New York the number 2 place in the country for biotechnology. The State also ranks second in biological research and development expenditures at universities, with three institutions in the top 20 and 11 in the top 100.
Commercialization:
Biotechs are increasingly choosing New York to locate to be both closer to the research, make use of from the area's solid infrastructure and to benefit from the siginficant State resources.
In 2007, the Russell Index restructured added a sizable biotech presence. New York was the second largest contributor with 56 companies joining the list.
(www.russell.com)
State Support:
But just as New York leads the nation in its research, it also has developed a solid technology exachange system enabling R&D to be smoothly and cost effectively commercialized. In January 2006, governor George Pataki and state senate majority leader Joseph Bruno announced a $200-million biotechnology and biomedicine research initiative, which is expected to generate triple that amount from external sources.
"Concept to Cure" - The NYBA Geneology Project:
NYBA has launched a project to help the area map the "Concept to Cure". The Geneology table below illustrates how New York's leading reasearch facilitates real business which is best developed in the New York area. Our hope is to keep this project growing and invite all visitors to submit any Concept to Cure stories which may be considered for addition to this project. If you have an example you would like to contrinbute to grow the NY Biotech Geneology Tree, please contact .
NYBA's NY Biotech Geneology Projectis a great way to illustrate the marriage of R&D and Commercialization, as this cut from SUNY Stony Brook illustrates. If you have an example you would like to contrinbute to grow the NY Biotech Geneology Tree, please contact pwadington@nyba.org.