Research Center Supported by a $25 Million New York State Grant, Part of
$250 Million Invested in Long Island's Biotech Industry since 2011
Cold Spring Harbor Laboratory has over 1,100 employees on Long Island and is Home to Eight Nobel Laureates
Lab Surpassed State Goal of 30% MWBE Contracting for Construction Spending, Nearly All Construction Workers on Project are from New York State
Governor Andrew M. Cuomo today announced the opening of Cold Spring Harbor Laboratory's Center for Therapeutics Research on Long Island. The new center will allow the lab's world-class scientists to explore advanced therapies for genetic diseases, with a focus on cancer research. New York State awarded Cold Spring Harbor Laboratory a $25 million capital grant for the new research center, which covered full construction costs for renovating a portion of the existing Demerec Lab building. The opening of the Center for Therapeutics Research furthers Governor Cuomo's efforts to grow Long Island's thriving biotech industry and secure New York as a global leader in the field.
"New York's life sciences sector is thriving thanks to coordinated state investment, and nowhere is that more apparent than on Long Island where world-class research institutions are partnering to solve the medical challenges of today while creating the jobs of tomorrow," Governor Cuomo said. "Cold Spring Harbor is at the forefront of this critical work, turning innovative research into new products and treatments. The new therapeutics center will provide the 21st century tools the lab's scientists need to keep saving lives and it will help grow the Long Island biomedical research corridor and the region's economy."
Founded in 1890 as the Biological Laboratory, Cold Spring Harbor Laboratory quickly grew into one of the country's pre-eminent research institutions. Today the organization has over 1,100 employees on Long Island and boasts groundbreaking discoveries that have upended modern agriculture, developed new pharmaceuticals and advanced cancer research, along with graduate and post-doctoral training programs. Researchers at Cold Spring Harbor Laboratory have won eight Nobel Prizes in physiology and medicine. Earlier this year, the journal Nature named the Laboratory the "#1 academic institution in the world for producing high-quality scientific research."
In 2017, Governor Cuomo joined Cold Spring Harbor Laboratory leadership to break ground on the new Center for Therapeutics Research, which will combine biology and human genomics with chemistry and protein data research. The facility is expected to attract world-leading scientists to Long Island to develop advanced therapies for genetic diseases and open new paths to drug discovery, while leveraging the lab's biomedical expertise to advance research into breast cancer, leukemia, autism, obesity, diabetes and lung cancer therapeutics, among others. The center's aim is to develop the advanced drug compounds that target the underlying biological pathway of these genetic diseases.
The 26,000-square-foot space is located in Cold Spring Harbor's Demerec Lab Building and will house 30 new scientific staff and retain the jobs of 25 scientists. The development team surpassed the state goal of utilizing Minority and Women-Owned Business Enterprises (MWBEs) for 30% of construction spending, while using a fully unionized workforce. In addition, nearly all of the construction workers on the project are New York State residents. The project was completed on time and on budget and created roughly 450 direct and indirect construction-related jobs.
Empire State Development Acting Commissioner and President and CEO-Designate Eric J. Gertler said, "From developing the technology that unveiled the DNA double-helix to building the Apollo moon landing module, Long Island has a long been a science powerhouse, producing technologies of the future that advance our understanding of the world around us. Over the last eight years, New York State has embraced Long Island's history of scientific exploration to develop a strong biotech corridor, and this project adds yet another world-class center to that roster."
Dr. Bruce Stillman, President and CEO of Cold Spring Harbor Laboratory, said, "Thanks to the vision of our New York State leaders and many dedicated public servants and private supporters, Cold Spring Harbor Laboratory is helping to transform the impact of basic science from understanding the causes of disease to vastly improving people's lives."
The new therapeutics center will provide the 21st century tools the lab's scientists need to keep saving lives and it will help grow the Long Island biomedical research corridor and the region's economy.
To make the project a reality, New York State awarded Cold Spring Harbor Laboratory a $25 million capital grant to reconstruct space within the existing Demerec Lab, which now houses the Center for Therapeutic Research. The grant fully funded the construction of the new lab space. Cold Spring Harbor has secured an additional $50 million to support recruitment, lab start-up costs, research projects and operations over the next five years — representing a 2:1 match of private donations to public funds.
Since 2011, New York State has invested over $250 million to bolster Long Island's thriving biotech industry. Projects supported by New York State include $30 million for a neuroscience complex at Cold Spring Harbor Laboratory, $15 million for an electron microscope building at Brookhaven National Laboratory and $75 million for the Institute for Discovery and Innovation in Medicine & Engineering at Stony Brook University, among others.
These investments complement New York State's $620 million Life Science Initiative, which was enacted as part of the FY 2018 budget. This initiative is supporting the growth of a world-class life science research cluster in New York and expanding the state's ability to commercialize research.
Kevin Law, President of the Long Island Association and Co-Chair of the Long Island Regional Economic Development Council, said, "The strength of Long Island's life sciences corridor is unmatched — marrying together academia, non-profit research centers, and industry to create a pipeline that moves discoveries from the lab to the marketplace. Cold Spring Harbor's Center for Therapeutic Research is yet another welcome addition to this ecosystem, and the Regional Economic Development Council looks forward to everything this new resource will provide."
Stuart Rabinowitz, Hofstra University President and Co-Chair of the Long Island Regional Economic Development Council, said, "Long Island's history of scientific achievement spans from the moon to mass producing penicillin and exploring the human genome. Cold Spring Harbor has played a critical role in establishing Long Island as New York's scientific heart, and this new Center for Therapeutic Research will help ensure that remains true — while building our economy and helping fight some of the worst genetic diseases."
Nassau County Executive Laura Curran said, "Attracting and retaining the brightest and best minds to Nassau County is a priority. I thank Governor Cuomo for his investment in the new Center for Therapeutics Research at Cold Spring Harbor Laboratory. I know life-saving work will be done at this research facility and I am proud it will happen in Nassau County."
Suffolk County Executive Steve Bellone said, "If we are serious about keeping our region competitive, we must embrace the jobs of the future that will attract the high-skill, high-knowledge workers we need to grow our economy. Thanks to Governor Cuomo's historic investments, Suffolk County continues to lead the way and the new Cold Spring Harbor Laboratory Center for Therapeutics Research will put us at the forefront of innovation and medical research."
Senator Jim Gaughran said, "Cold Spring Harbor Laboratory has been at the forefront of cutting edge, life-changing medical research for more than a century. I am thrilled to be joining Governor Cuomo today to celebrate the opening Demerec Laboratory, building on Cold Spring Harbor Laboratory's role as an international leader in advanced medical research. New York State's investment in Cold Spring Harbor Lab is an investment in our future."
Assembly Member Charles D. Lavine said, "After touring Cold Spring Harbor Labs earlier in the year and observing the growth and institutional power that this facility has to offer both scientifically and intellectually on a global scale, I am thrilled to share in the formal opening of the Demerec Laboratory. I applaud the focus of the leadership of Cold Spring Harbor Labs for seeing the renovations and the implementation of state-of-the-art technology come to fruition. I also thank Governor Cuomo for his dedication in committing his efforts to expand laboratories such as these throughout New York State and continuing to make New York a leader in scientific breakthroughs."