NYU Langone opens NYC’s largest biotech incubator with backing from biopharma giants

Fierce Healthcare December 17, 2019
Heather Landi

NYU Langone Health’s new biotech incubator will support the translation of game-changing discoveries by scientists into new treatments for patients.

NYU Langone Health opened a 50,000 square-foot biotech incubator space in Manhattan that backing from big-name corporate sponsors including biopharma giants Bristol-Myers Squibb, Sanofi, and Boehringer Ingelheim.

The health system’s biotech incubator is part of a larger effort by New York City and the state of New York improve the city’s standing as a top-tier biopharma hub after years of lagging behind Boston/Cambridge, MA, and the San Francisco Bay Area.

NYU Langone invested $8 million to renovate a building in the Hudson Square area of Manhattan to house laboratories and office space for early-stage biotechnology and life sciences startups.

“This...

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