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With $72 Million In State Aid, Cuomo Envisions Massive LI Biotech Hub

Courtesy of Brookhaven National Laboratory
The central campus of Brookhaven National Laboratory in 2013.

Three Long Island medical institutions will receive $72 million in state aid to create new biotech facilities and programs.

Cold Spring Harbor Lab will receive $30 million to launch a neuroscience research complex, while another $30 million will go to Northwell Health to establish the Center for Bioelectronic Medicine.

New York Governor Andrew Cuomo says the funding will create good paying jobs.

“We’ve learned from Silicon Valley you have to do the academics, you have to do the research and development, but then you have to commercialize it with the private sector. The future economy, I believe, is going to be in that life science cluster.”

In addition, LIU-Brookville will get $12 million to start the metropolitan area’s first veterinary school.

Cuomo says the three institutions, along with Brookhaven National Lab and Stony Brook University, will create a research corridor similar to North Carolina’s Research Triangle.

Terry Sheridan is a Peabody-nominated, award-winning journalist. As Senior Director of News and Education, he developed a unique and award-winning internship program with the Stony Brook University School of Communications and Journalism, where he is also a lecturer and adjunct professor. He also mentors graduate fellows from the Sacred Heart University Graduate School of Communication, Media and the Arts.