January 13 2026
Biotechnology/Life Sciences/Pharmaceuticals, Research & Development

NIH R&D Awards Total $54M in Capital Region

  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

November 11 2025
Biotechnology/Life Sciences/Pharmaceuticals, Entrepreneurship

2025 Capital Region Biotech Startup Activity Update

  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

February 12 2025
Biotechnology/Life Sciences/Pharmaceuticals

Capital Region NIH R&D awards up 15%

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

December 13 2024
Biotechnology/Life Sciences/Pharmaceuticals, Manufacturing, Research & Development

Capital Region Contract Drug MFGs Ramp up Small Batch Capabilities

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

January 12 2024
Biotechnology/Life Sciences/Pharmaceuticals, Research & Development

$58M in NIH Funding Awarded in Capital Region for R&D

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

September 28 2023
Biotechnology/Life Sciences/Pharmaceuticals, Economic Analysis, Employment/Workforce, Nanotechnology, Software/Gaming/AI/Quantum

Global Site Selector IDs Capital Region’s Most Competitive Industry Clusters for CEG

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

January 12 2023
Biotechnology/Life Sciences/Pharmaceuticals

Capital Region Receives $71M in NIH AWARDS, Curia Grants Set Company Record

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

October 18 2021
Biotechnology/Life Sciences/Pharmaceuticals, Clean Technology, Employment/Workforce, General, Manufacturing, Nanotechnology, Research & Development, Software/Gaming/AI/Quantum

Capital Region Industry Fliers – 2021

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:

September 15 2021
Biotechnology/Life Sciences/Pharmaceuticals, Research & Development

The Research Connection – September 2021: Aging-Related Technologies Research Edition

 Featured university R&D projects: A simple test for diagnosing Alzheimer’s disease Uncovering new treatment strategies for dementia Understanding the origins of Alzheimer’s disease This edition’s contributors: SUNY Research Foundation University at Albany SUNY Polytechnic Institute SUNY Empire State College  A simple test for diagnosing Alzheimer’s disease Until recently, tests to

August 13 2021
Biotechnology/Life Sciences/Pharmaceuticals, Education/Training

Capital Region STEM Degree Awards Rise amid Pandemic, Boosted by Life Sciences

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

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