profile of biomedical research and biotechnology commercialization new york northern jersey long island consolidated metropolitan statistical area overview history in the builds on an established strength as center us pharmaceutical industry several nation s largest drug makers have their headquarters region is known medicine chest world has strong educational resources well including columbia princeton yale universities a number free standing institutions benefits from concentration financial capital investment expertise combination management led to formation many biotech firms these include specializing genetic screening computational genomics cloning technology city 46 medical schools major facilities its 64 hospitals centers provide potential for extensive partnership between academia companies rank second among those all cities national institutes health funding university
