New York City
NYC’s healthcare industry has expanded exponentially in the last decade. It’s growth in the past year alone has been a testament to the resilience of this city in the face of great challenges, namely the COVID-19 pandemic. Driven by public and private initiatives, it has emerged as a vibrant hub for innovation in science, medicine, and digital health. In 2016, New York City announced the creation of LifeSciNY, allocating $500 million to establish NYC as the leader in life sciences innovation and R&D. Home to many established and influential institutions such as Cornell Medical Center, Memorial Sloan-Kettering Cancer Center, Mount Sinai Medical Center, New York University, Rockefeller University, and many others, NYC has become an ideal environment in which to launch and build a healthcare company. Successful examples including Y-Mabs, Kallyope, Quentis, Flatiron, Petra Pharma, Schrodinger, and many others. Today there are over 300 healthcare venture groups in NYC.