Magazine Article | June 7, 2017

How NYC Is Building A World-Class Life Science Hub

Source: Life Science Leader

A life sciences ecosystem is taking root in New York City that in 10 years’ time could vie with Boston and San Francisco as measured by the number of jobs and startups, funding resources, or high science ideas.

NYC’s existing assets are in many ways superior to other life sciences clusters: its research base of academic medical centers is larger than Boston’s, it is surrounded by Big Pharma and Big Biotech, it has access to capital from public and private sources, and it can draw from a deep pool of seasoned entrepreneurs and the largest bioscience workforce in the country. Moreover, it has approximately 100 disease foundations, with many having extensive experience in research and investment.