Paris-based One Biosciences, an Institut Curie-backed startup, plans to set up, staff, and equip a high-complexity lab and computational analytics operation in Albany, NY, as its first U.S. location.
Empire State Development is supporting this expansion with up to $525,000 in performance-based Excelsior Jobs Program tax credits in exchange for the company’s job commitments, which anticipate 42 life science jobs and $18 million in investments over the next five years.
Officials at One Biosciences say the company will bring its proprietary technology to the first-of-its-kind hub in Albany to address the unmet clinical and scientific needs to characterize the tumor ecosystem by means of a single-cell profiling approach.
“We are excited to accelerate support of our pharma, biotech, and academic collaborators through our AI-driven single-cell technologies, which will ultimately benefit physicians and their patients,” added Vincent Miller, MD, executive chairman, One Biosciences. “The local Albany life sciences ecosystem gives us access to a community of like-minded researchers and physicians committed to leveraging technology to improve health and is an ideal location from where to serve the U.S. globally.”
“Life science research and development is vital to creating the treatments that help people heal, survive and live longer,” said New York governor Kathy Hochul. “Through our targeted efforts, we are working to ensure that cutting edge companies like One Biosciences not only grow here, but that the next generation of medical breakthroughs happen in New York State.”
