July 16 2020
Advanced Materials, Biotechnology/Life Sciences/Pharmaceuticals, Clean Technology, Creative/Agriculture/Food, Economic Analysis, Employment/Workforce, General, Manufacturing, Nanotechnology, Regional/County Profiles, Software/Gaming/IT, Tourism, Trade/Transportation

Industry Assets & Economic Profiles

See CEG’s latest industry attraction promotional reports on key industry clusters and regional/county profiles. Between 2015 and 2019, CEG promoted the Capital Region at 78 industry attraction events in 41 cities worldwide. While the coronavirus pandemic has temporarily halted CEG’s travel to conferences, we continue to represent the region at

June 24 2020
Biotechnology/Life Sciences/Pharmaceuticals, COVID-19

Warren County, New York, Has Nation’s Highest Concentration of Medical Equipment & Supplies Jobs – An Opportunity to Support More Domestic Production

(June 16, 2020; Glens Falls, New York) – As the coronavirus pandemic underscores the importance of the domestic manufacturing of medical equipment and supplies, new U.S. Bureau of Labor Statistics (BLS) data is revealing for the first time that Warren County, New York, has the nation’s highest concentration of jobs

May 5 2020
Biotechnology/Life Sciences/Pharmaceuticals, COVID-19, Research & Development

Capital Region Life Sciences Cluster Mobilizes to Counter COVID-19

From conducting clinical trials to developing testing equipment and medical devices, the Capital Region’s Life Sciences Cluster is contributing to the effort to fight the coronavirus pandemic. The Life Sciences Cluster employs more than 5,800 and features several industries that are nationally unique. Below is an overview of COVID-19-related activates

January 9 2020
Biotechnology/Life Sciences/Pharmaceuticals, Research & Development

Capital Region NIH Awards Climb to 11-Year High

National Institutes of Health (NIH) awards in the Capital Region climbed to an 11-year high in fiscal 2019, driven by a surge in R&D funding at AMRI, GE Global Research, Rensselaer Polytechnic Institute (RPI) and Albany Medical Center, according to a Center for Economic Growth (CEG) analysis.1 “These NIH awards

December 5 2019
Biotechnology/Life Sciences/Pharmaceuticals, Research & Development

Pharma Industry Funds 100s of Drug Clinical Trials in Capital Region

The pharmaceutical industry has started conducting hundreds of clinical trials at Capital Region medical facilities in recent years, and more drug testing is expected as the local Life Sciences Cluster vastly expands with several multimillion-dollar projects. Emerging Clinical Trial Support Assets The pharmaceutical industry funded 342 clinical trials for drug

December 5 2019
Biotechnology/Life Sciences/Pharmaceuticals, Research & Development

Capital Region Academic Life Sciences R&D Surges

R&D spending on life sciences increased by nearly 18 percent to $126.7 million in fiscal 2018. That was a four-year high for local R&D spending in that field, according to a Center for Economic Growth (CEG) analysis of new data from the Nation Center for Science and Engineering Statistics. The

October 30 2019
Biotechnology/Life Sciences/Pharmaceuticals, News, Research & Development

Bioconnex announces the Capital Region Cancer Research New Frontiers Symposium: Cancer Immuno- and Related-Therapies

FOR IMMEDIATE RELEASE ALBANY, NEW YORK – The Capital Region Cancer Research group (CRCR) will sponsor a half-day symposium as part of its CRCR New Frontiers Series, entitled “New strategies and technologies in cancer research.” The event will be held on Nov. 1 at the Albany College of Pharmacy and

September 16 2019
Biotechnology/Life Sciences/Pharmaceuticals, Manufacturing

Capital Region Manufacturing Evolution

Area’s Drug Manufacturing Industry Becomes One of the Nation’s Largest The Capital Region’s pharmaceutical and medicine manufacturing industry is rapidly becoming the one of the nation’s largest. In the past five years, the five-county Albany-Schenectady-Troy metropolitan statistical area’s national ranking for jobs in this industry has climbed to 13th from

January 18 2019
Biotechnology/Life Sciences/Pharmaceuticals, News, Research & Development

Capital Region saw jump in NIH funding

Times Union By: Diego Mendoza-Moyers The Capital Region saw a significant jump in funding for biotech research last year from the  National Institutes of Health — an increase that has allowed several local research projects to flourish into 2019, according to the Albany-based Center for Economic Growth, a regional economic development

January 16 2019
Biotechnology/Life Sciences/Pharmaceuticals, Research & Development

Capital Region Federal Health Awards up 13.5% to $62 Million

The Capital Region’s biotech sector saw a 13.5 percent year-over-year increase in National Institutes of Health (NIH) awards in fiscal 2018. Between 20 firms and institutions, the region received 154 awards totaling $62 million. That was the eight-county region’s largest amount of NIH since fiscal 2013, according to a Center

Funding Partners