Spotlighting the local impact of Start-Up NY - The Buffalo News

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Spotlighting the local impact of Start-Up NY

Six companies in the Start-Up NY program announced Monday range from a developer of an anti-cancer drug to a manufacturer of direct-to-metal 3-D printers. Two of the companies are relocating to Buffalo from other cities. The others are local startups or are existing businesses that are expanding. They include:

• Appistry Inc., a St. Louis company that does diagnostic work with research hospitals and biotechnology companies, plans to invest $2.45 million in a 175-square-foot office in UB’s New York State Center of Excellence in Bioinformatics and Life Sciences. The company, which plans to create eight local jobs, also analyzes genomic data and plans to collaborate with UB researchers.

• Biologichem, a startup that designs and makes chemical products used by the pharmaceutical and biotechnology industries, plans to occupy 438 square feet of space in the UB’s STOR incubator at its Baird Research Park. The company plans to invest $75,000 in the venture and expects to employ four people.

• Canget BioTekpharma LLC, a Roswell Park Cancer Institute spinoff, is a cancer drug developer that has identified a water-insoluble drug that could be used to treat late-stage colon cancer and other types of cancer. The company, which has raised $3 million in funds from federal, public and private foundations, expects to create six jobs and occupy 150 square feet in the Center of Excellence in Bioinformatics and Life Sciences.

• Clinical Support Services, a Buffalo company that provides medication management software to self-insured companies and the insurance industry, plans to create 16 jobs at the UB Gateway Building as part of a $275,000 expansion.

• IFYE Association of the USA, a Broomfield, Colo.-based non-profit company that operates an international exchange program for young adults, plans to move to the UB Gateway Building, creating 10 local jobs. The Buffalo jobs will be its first paid positions, state officials said.

• Vader Systems, a startup company working on a high-volume direct-to-metal 3-D printer, plans to invest $1.4 million to occupy 3,500 square feet of space in the Buffalo Niagara Medical Campus Innovation Center. The company is working with UB researchers and the Center for Industrial Excellence. The company expects to create 15 new jobs.

– David Robinson

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