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The Center for Biotechnology continues to serve as a valuable resource
to New York’s bioscience industry, as well as the pharmaceutical
and medical device sectors. Dozens of New York State companies enter into
contract research agreements with faculty each year to advance their research
programs. These relationships augment corporate research capabilities
and often represent significant cost savings over establishing the same
research infrastructure in-house.
Over the last five years the Center for Biotechnology has entered into
334 collaborations with as many as thirty-four different New York State
bioscience companies each year. Fifty-six percent of these collaborations
involved small (less than 250 employees) New York State bioscience companies.
Cumulative investment in sponsored research collaborations by New York
State companies between 1998–2003 totals $7.3M.
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Corporate Sponsored Research Expenditures (1998
- 2003)
334 projects
$7.3M in corporate expenditures
56% of projects involved small NYS companies |
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