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 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
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
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
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
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
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
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
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
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
