Tag Archives: Biotechnology

22
Sep
Date September 22, 2022
Author Broad Hollow Bioscience Park

Broadhollow Bioscience Park Pioneers Long Island’s Life Sciences Renaissance

Broadhollow Bioscience Park is revitalizing Long Island's life sciences sector. With Estee Lauder as a new anchor tenant and Dan Polner as executive director, the park is set to expand. Governor Kathy Hochul’s Long Island Investment Fund (LIIF) recently allocated $60 million to bolster local biotech startups and research institutions. Plans for a new 60,000-square-foot facility aim to strengthen collaborations with top institutions like Brookhaven National Laboratory and Stony Brook University. These initiatives position Broadhollow to drive innovation, create jobs, and boost the regional economy.
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Author Broad Hollow Bioscience Park
17
Feb
Date February 17, 2022
Author Broad Hollow Bioscience Park

Leveraging Estée Lauder’s Move to Fuel Long Island’s Biotech Sector

Long Island's biotechnology sector has faced numerous challenges, but recent developments offer a fresh opportunity. Estée Lauder's decision to become the new anchor tenant at Broad Hollow Bioscience Park brings renewed hope, with plans for research labs and 31 new jobs. However, the region’s biotech ambitions have historically faltered, with past setbacks including the departures of Helicon Therapeutics and OSI Pharmaceuticals. To turn this new chance into long-term success, Long Island must attract more life sciences firms, leverage local research resources, and foster strong regional collaboration. The next five years will be pivotal in determining whether this latest effort can finally build a thriving biotech industry.
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Author Broad Hollow Bioscience Park