Hannah Doss, the founder and CEO of ViraGlo BioTech, an RPI spinout in Troy. Highlights: The Capital Region’s Life Sciences Cluster generated a great deal of activity among its biotech startups. The Center for Economic Growth’s annual survey of biotech startups in the eight-county region highlights the various milestones they
Highlights Capital Region NIH R&D awards totaled $54 million in fiscal 2025 Lowest total funding in more than 34 years UAlbany NIH R&D awards at six-year high AI powers several NIH-funded research projects National Institutes of Health funding for research at Capital Region firms and institutions declined to its
The past year has been full of activity for both Capital Region biotech startups and the entrepreneurship support network that helps them accelerate their growth. Several local biotech startups either published the results of clinical trials (Consynance Therapeutics) or are on track to complete or start new clinical trials
The amount of research funding awarded by the National Institutes of Health (NIH) to Capital Region firms, institutions and nonprofits increased by an inflation-adjusted 15 percent in fiscal year 2024. The influx of federal life sciences R&D funding was driven, in part, by strong gains at Albany Medical College and
Contract manufacturing operations in the Capital Region’s Life-Sciences Cluster have been expanding their abilities to produce kilogram-scale batches of small molecules and active pharmaceutical ingredients (APIs) in facilities that are compliant with good manufacturing practices (GMP). At the University of Albany’s Health Sciences Campus in East Greenbush, two biotech firms
Two Capital Region startups received their first research grants from the National Institutes of Health (NIH) in fiscal 2023, and the area’s two largest universities also received their largest amounts of NIH funding in several years, according to a Center for Economic Growth (CEG) analysis of data from the NIH
Newmark Study will Guide CEG’s Industry Attraction and Growth Efforts ALBANY, NEW YORK – At its annual meeting on Sept. 27, the Center for Economic Growth (CEG) unveiled the findings of a Targeted Attraction & Growth Plan by Newmark’s global strategy and site selection practice that identified the Capital
The National Institutes of Health in fiscal year 2022 awarded $71.2 million in research grants to 19 Capital Region institutions and businesses. Curia helped boost that total with the Albany pharmaceutical company receiving its greatest amount of NIH R&D funding, according to a Center for Economic Growth (CEG) analysis of
See CEG’s latest industry profiles below. These new promotional materials provide business leaders and talent with insights into the strength of the regional economy and why they should relocate or expand here. Select the link on each image to download the flyer. The following industry fliers are available for download:
The life sciences vitalized the Capital Region’s STEM talent pipeline during the pandemic. In 2020, the eight-county region’s traditional colleges and universities saw an 8.3 percent increase in science, technology, engineering and mathematics (STEM) degrees1 – boosted by sizeable gains in biological and biomedical sciences degree awards at the University
