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City commits $1B to growing New York's life science sector


The city is set to double its investment in New York’s growing
life sciences sector with a $1 billion cash injection to build new lab space,
spur research and create a pipeline of talent.
Mayor de Blasio and the New York City Economic Development Corporation (NYCEDC) announced today a plan double the City’s original $500 million investment in life sciences to $1 billion as part of LifeSci NYC, a commitment launched by the mayor to create jobs and establish New York City as the global leader in life sciences.
de Blasio launched the LifeSci NYC initiative in 2016 with a visit to the Kallyope lab in the The Alexandria Center for Life Science ....

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