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NY Presbyterian Hospital BioMedical Facilities Dealt Financial Blow
Posted on Tuesday, November 06 @ 11:58:13 EST by jfbailey
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The announcement that New York State will devote only $10 Million towards development of Governor Pataki's Centers for Excellence and biomedical research, takes away funding that New York Presbyterian Hospital had counted on for development of their proton accelerator facility on their White Plains property.
Alex Philippidis, Editor of Westchester County Business Journal broke the story in WCBJ Monday, and on White Plains Week last night. Speaking on the popular Public Access Channel 71 television program Monday, Philippidis said state economic development statewide had been cut to $100 million, and state aid for the biomedical, biotech development was cut to $10 million.
New York Presbyterian Hospital, the medical giant based in White Plains, had been counting on at least $50 million in grants from New York State and $50 million from the federal government in order to build their proton acclerator and biomedical research facility as part of their Plan B proposal now in Environmental Impact Statement preparation.
Geoffrey Thompson, spokesman for the hospital, said that biotech was still considered a desired use for the hospital site by both the state and Westchester County, but that funding would have to be sought privately.
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