De Blasio promises $500M for life sciences

With a goal of making New York City the “public health capital of the world,” Mayor Bill de Blasio announced Wednesday that he would dedicate a half-billion dollars toward lab space development and life science research.

During his morning news conference, the mayor highlighted how previous funding helped better position the city to respond to the Covid-19 pandemic with ingenuity. He predicted the city will soon join Boston, Seattle and the other major players in the life sciences.

“For so long New York City was counted out of the life sciences game,” de Blasio said. “Now New York City is going to surge and become a strong player and

→ Continue reading at Crain's New York Business

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