SBU’s impact on the Long Island economy
impressively amounts to more than $7.2
billion in increased output, and the university
is the region’s largest single-site employer.

Its economic development programs
have produced more than 4,000 industry
collaboration projects and created more
than 20,000 jobs. It includes five incubators:
two New York State Centers of Excellence,
in energy and in IT; a high-tech incubator;
a food business incubator; and a virtual
incubator. SBU’s robust technology transfer
activity has yielded more than 80 products
and services, including lifesaving medications
and diagnostics such as ReoPro ® , a drug
used for cardio angioplasty, and the virtual
colonoscopy. Addressing the healthcare needs
of neighboring communities, SBU’s specialized
mobile units offer mammography screening,
on-site stroke intervention and preventive oral
healthcare. SBU faculty members have 2,500-
plus inventions and more than 800 U.S. patents
and are making history-changing scientific
discoveries and advances, such as uncovering
the cause of Lyme disease and developing
the technology for the MRI, which won the
Nobel Prize in Medicine. SBU’s distinguished
institutes — including the Turkana Basin
Institute in Kenya, the site of groundbreaking
fossil discoveries, and Madagascar’s Centre
ValBio, a biodiversity conservation research
facility — further humankind’s understanding
of its origins and offer solutions to some of
Earth’s most vexing issues.
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