By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – New York State plans to invest $49.7 million in a wide range biotechnology-focused economic development projects with funding going to research institutes, incubators, and businesses throughout the state.

Funded through New York's Regional Economic Development Council Initiative, the awards largely support biomedical research, but also will fund agricultural biotech and bioenergy projects, the New York Biotechnology Association said today.

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