New York Company Reaches Licensing Agreement with SUNY, Research Foundation
Governor Andrew M. Cuomo today announced a licensing agreement between the Research Foundation for SUNY and Biodex Medical Systems for Mobility Assist, a device that was patented at Stony Brook University (SBU) that will help people who have trouble standing up or sitting down become more independently mobile.
“Having a New York company bring to market a life-changing product designed at our own SUNY system is the perfect example of what our state’s innovation agenda can achieve,” Governor Cuomo said. “Professor Purwar is emblematic of the intellectual capital at SUNY where talented students, faculty and researchers are developing cutting edge ideas in the classroom and laboratory that can become marketable assets and spur economic growth. There is boundless potential on SUNY’s campuses, and we want to continue to harness that asset to build new businesses, attract private investment and create jobs right here in New York State.”