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Op-ed: Congress must act now to extend this lifeline for New York biotech

Overview

The op-ed highlights the importance of the SBIR and STTR programs, which fund high-risk biotech research and bridge the early-stage investment gap that private capital often won’t cover. These programs have enabled major breakthroughs in research and development while generating strong economic returns, especially in New York’s fast-growing life sciences sector.

In This Article

NewYorkBIO urges the Senate to reauthorize SBIR to protect both innovation and patient progress.

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