New York State is home to over 700 biomedical/pharmaceutical companies. On Long Island alone companies including OSI Pharmaceuticals and Forest Laboratories, have realized significant biomedical industry growth. Long Island’s leading research facilities home to top international medical researchers, along with the regions visionary strategy of leveraging both public and private sector funds has set the stage for future growth in the field. This formula will deliver strong economic benefits to Long Island by expanding job growth and identifying new business opportunities for established and emerging businesses.