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Biotechnology/Pharmaceutical

A Thriving Life Science Cluster

With Novartis, Pfizer, Avon, Regeneron, OSI Pharmaceuticals and nearly 60 other pharmaceutical and biotechnology companies located in the region, the Hudson Valley offers abundant collaborative research opportunities and a strong supplier network. More than 60% of the nation's pharmaceutical industry is centered in metro New York, where biotech firms are also flourishing.

Proximity to World-Class Research
The Hudson Valley offers unrivalled access to the world's leading research institutes. More than 200 academic research organizations, medical centers and laboratories are located in metro New York.
Highly Educated Workforce
The Hudson Valley has an unusually smart workforce:
• 35% of workforce college-educated
• 9,600+ biomedical professionals
• 180,000+ workers with advanced degrees
• New York State ranks #1 in science degrees
• 30+ colleges and universities

• Memorial Sloan Kettering Cancer Center
• Columbia University
• New York Weill Cornell Medical Center
• New York-Presbyterian Hospital
• New York Medical College
• New York University
Ready Access to Venture Capital
With New York City within minutes of the lower Hudson Valley, biotechnology firms have ready access to Manhattan’s venture capital firms. Metro New York consistently ranks in the top five in venture capital biotechnology deals in the MoneyTree Report produced by Pricewaterhouse-Coopers and the National Venture Capital Association.		 Competitive Real Estate
Compared to New York City, Boston, San Diego and other urban biotechnology centers, the Hudson Valley offers competitive rents for early-stage companies and room to grow for expanding companies. The Landmark at Eastview, for example, is a 275-acre science park that offers labs and pilot plant space close to both Manhattan and the New Jersey pharmaceutical corridor.

Avon Global R&D Center Suffern, NY
Pfizer Research Center Pearl River, NY
 
Hudson Valley Economic Development Corporation
4 London Avenue, Suite 100 • New Windsor, NY 12553
845.220.2244 • Fax: 845.220.2247
about us | economic incentives | workforce | infrastructure | industry clusters | site map | contact us
All rights reserved © 2010 Hudson Valley Economic Development Corporation
 
News

Health Reform Will Set Off Biotech Tax Credit Rush
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Hudson Valley Launches Biotech Initiative
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Regeneron Pharmaceuticals to Invest $40 Million in Hudson Valley Expansion
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OSI Pharmaceuticals to Consolidate U.S. Operations in Hudson Valley
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Regeneron to Move HQ To New $145 Million Facility Being Built by BioMed Realty Read More »

Bayer HealthCare Expands In Hudson Valley
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Par Pharmaceutical Expands Hudson Valley Facility Read More »

Novartis to Add 100 Jobs Read More »

Hudson Valley Becomes Biotech Hot Spot
Read more »

Hudson Valley Biotech
At A Glance
Acorda Therapeutics
Avon
Barr Laboratories
Bayer Diagnostics
Kolmar Laboratories
Novartis
OSI Pharmaceuticals
Par Pharmaceutical
Pfizer
Progenics Pharmaceuticals
Regeneron Pharmaceuticals

For a complete list and map of Hudson Valley biopharmaceutical companies, click here.