Accelerator for Medical and Pharmaceutical Sciences AMPS

The creation of Albany College of Pharmacy and Health Sciences’ (ACPHS) Accelerator for Medical and Pharmaceutical Sciences (AMPS), will support development and commercialization of innovative research in the Capitol Region. This center builds on the success of the Biomedical Acceleration and Commercialization Center (BACC), which was certified in 2016, and expands capabilities to include biotechnology and pharmacy. AMPS will be located at 150 New Scotland Avenue, Albany, within walking distance of Albany Medical College, Albany Medical Center, and Albany College of Pharmacy. AMPS will provide laboratory and office space, research services and business development services. The project leverages and adapts successful ACPHS and BACC programs while expanding regional laboratory and start-up/entrepreneurial space, offerings and support. Its combined resources will provide end to end research and commercialization for medical devices, pharmaceuticals, and biologics. With transitionary mentorship from the BACC, this partnership will continue AMC’s tradition of excellence, and mitigate investment risk by building upon a proven, successful foundation.
Program Name:
New York State Business Incubator Program
Agency ID:
ESD
Applicant Name:
Albany College of Pharmacy and Health Sciences
Region:
Capital District
County:

Albany

CFA Number:
130531
Round Number:
13
Award:
$625,000

Project Status:
GREEN
Anticipated Completion Date:
 
PROJECT STATUSES
Blue - Complete Green - On Schedule Yellow - Progressing Slowly Red - Concerns Pending Orange - Contract Not Executed Black - Cancelled/Declined