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University of Albany Building New Biotech Facility

Thursday, April 19, 2007 7:00:00 AM PDT | VentureDeal Staff

RENSSELAER, NY -- The state University of Albany announced that it will build a new biotech facility located at its East Campus.

Details on the facility are not yet available, but the East Campus program is a critical component in New York state's Gen*NY*Sis program, which stands for "Generating Employment Through New York Science." 

The program is a $500 million inititiative in government and private partnerships to bring new life science companies to the state.  Two years ago the East Campus opened a new $45 million cancer research center.

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