named programs · 3 · from sources
What they call their work
Business Infrastructure and Mentorship
Delivers business expertise and operational support to help startups launch and scale, including assistance with regulatory processes and funding opportunities.
Scientific and Clinical Support
Offers startups access to scientific expertise, clinical resources, and core equipment through affiliation with New York Medical College and Westchester Medical Center.
Wet and Dry Lab Incubation
Provides turnkey wet labs, dry labs, private offices, and shared workspaces to early-stage biotech and medtech startups, located on the NYMC campus.
activities · 4 groups
What they do
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Biomedical Research and Innovation 2 activities
- Conducts internal research and development of novel therapeutics and medical technologiesLeads research initiatives to develop innovative treatments and devices, including a pan-coronavirus antiviral peptide, a glioblastoma therapy (ST-36), a p53-targeting treatment for ovarian cancer, cold plasma systems for toenail fungus, a cardiac output monitor, smartphone-based blood pressure technology, and Sweet Defeat—a clinically proven lozenge to reduce sugar cravings.
- Facilitates collaboration between startups and NYMC scientific expertsEnables biotech and medtech startups to collaborate with New York Medical College faculty, clinicians, and scientists, providing access to biomedical expertise and fostering innovation through peer and institutional engagement.
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Research Facility Management 2 activities
- Facilitates access to core research facilities and specialized infrastructure at NYMCProvides member startups with access to New York Medical College’s core research resources, including a 31,000 square-foot vivarium for large and small animal research, the Clinical Trials Unit, and advanced scientific instrumentation to support R&D from inception through product launch.
- Provides affordable, fully equipped wet and dry laboratory and office space for biotech and medtech startupsOffers flexible, turnkey laboratory and work space—including wet and dry labs, offices, co-working desks, and shared advanced equipment—to life science startups on the New York Medical College campus. The facility includes over 10,000 square feet of expanded space and a LEED Gold-certified building promoting sustainable design.
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Startup Acceleration & Business Growth Support 1 activity
- Offers capacity-building support in business strategy and developmentProvides startups with strategic business support including business planning, capital management, leadership development, and guidance toward funding milestones. The incubator also accepts applications based on technology commercial potential and graduation milestones.
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Uncategorized 1 activity
- Provides regulatory and compliance support through NYMC oversight committeesSupports incubated companies by granting access to NYMC’s Institutional Review Board (IRB), Institutional Animal Care and Use Committee (IACUC), and Institutional Biosafety Committee (IBC), along with laboratory safety guidance to ensure regulatory compliance in research activities.
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financials · form 990 · fy2024
revenue
Total revenue$224K
Contributions & grants$00%
Program service revenue$224K100%
Investment income$00%
Other revenue$0
expenses
Total expenses$151K
Program expenses81%
Admin / overhead17%
Fundraising2%
Salaries & benefits$120K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$2.06M
Cash$0
Investments$0
Liabilities$23K
Net assets$2.04M
Liquid reserves0.0 mo
6 years on record · 2019–2024 · YoY revenue +33.3%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 5
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| ALAN KADISH | PRESIDENT & TRUSTEE | 0 | $1.36M |
| EDWARD C HALPERIN | CHANCELLOR OF HEALTH AFF & CEO | 0 | $773K |
| SALOMON AMAR | MEDICAL DIRECTOR | 0 | $722K |
| ROBERT W AMLER | DEAN SHSP | 0 | $475K |
| NICHOLAS JANIGA | VP, CHIEF COUNSEL & ASST SECRETARY | 0 | $438K |
board members · 1
- HOWARD BARUCH — DIRECTOR
relationships · 12
Who they work with
- Business Advisory Council Partner — Reviews applications from life sciences startups as part of the incubator selection process.
- NYMC Government — Host institution providing infrastructure, scientific, and clinical support to BioInc@NYMC.
- National Institute of Allergy and Infectious Diseases Funder — Awarded an SBIR Phase I grant to support research on a pan-coronavirus antiviral peptide.
- New York Medical College Government — Hosts BioInc@NYMC on its campus, enabling access to core facilities and services for incubated businesses.
- New York Medical College Government — Hosts the biotechnology incubator on its campus and provides access to its facilities and biomedical experts.
- New York Medical College Government — Provides access to NYMC's research facilities, core resources, and Clinical Trials Unit for incubated startups.
- New York Medical College Partner — Hosts the incubator on its campus and provides access to facilities, faculty, and research resources for incubated startups.
- New York Medical College Partner — Provides access to research facilities, regulatory committees, and health science experts for BioInc member startups.
- New York Medical College Partner — Provides shared access to campus facilities, library resources, and expertise from faculty, clinicians, and scientists.
- Philips Healthcare Partner — Collaborates on computational genomics research with NYMC scientists and Westchester Medical Center
- Scientific Advisory Council Partner — Reviews applications from life sciences startups as part of the incubator selection process.
- Westchester Medical Center Partner — Engages in collaborative computational genomics research with Philips Healthcare and NYMC scientists
strategies · 4
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Academic-Embedded Incubationmethodology: academic-embedded_incubationBy colocating biotech startups within a health sciences academic environment, the incubator accelerates innovation because startups gain integrated access to scientific expertise, clinical resources, shared infrastructure, and cross-sector collaboration with researchers and clinicians.
- Collaborative Peer Environment for Innovationmethodology: collaborative_incubationBy fostering a shared, collaborative incubator environment, startups accelerate development because peer interaction, networking, and idea exchange stimulate innovation and problem-solving in early-stage biotech ventures.
- Flexible, Shared Laboratory Infrastructuremethodology: flexible_infrastructureBy providing turnkey, flexible, and shared lab spaces, the incubator reduces entry barriers for startups because early-stage companies can scale operations efficiently without high upfront capital investment in facilities.
- Integrated Support Services with Expert Mentorshipmethodology: business-acceleration through expert mentorshipBy combining scientific, business, and clinical support services with mentorship from experienced professionals, the incubator enhances startup viability and investment readiness because dual-domain (scientific + business) guidance improves strategic development and translation of research into market-ready solutions.