This, the first of our regional blogs, is authored by the technology and financial journalist Dominic Basulto. Dominic is a New York native, has been a senior editor at Corante since day one and has written for a number of online and offline media companies. Send tips or story ideas to: basulto@gmail.com.
About this weblog
Here we'll report daily on the latest tech and business developments in New York City. Impossible we concede: comprehensive coverage of the city's every story. What we hope you'll find: tips, tidbits and perspectives you won't find elsewhere. As well as unique insights, original interviews and more that should be of interest to New York's vibrant community of technologists and those who track, invest in and report on them.
According to the chairman of the New York Biotechnology Association, New York is no longer becoming a great place for biotechnology, we already are [a great place]." New York State is now home to 123 biotech companies, including 40 companies in New York City and 24 companies on Long Island. Bio-IT World also notes that New York-based biotech companies raised more than $100 million in VC financing last year and received 11 National Institutes of Health (NIH) grants in 2004.
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