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New law hopes to settle OSI on LI

Quick ReadAfter cancer-drug maker began pulling off the Island, the state moved to keep it. The law will add a third building in the Farmingdale college bioscience park and allow the cancer-drug maker to expand into a second building. The company will add 135 jobs to its workforce of 90 there. However, its Melville headquarters is being phased out, with the loss of 150 jobs.

The Broad Hollow Bioscience Park at Farmingdale State

Photo credit: Jessica Rotkiewicz | The Broad Hollow Bioscience Park at Farmingdale State College will expand under legislation signed in April by Gov. Andrew M. Cuomo. This is part of an effort to keep high-tech companies on Long Island. (March 22, 2011)

Gov. Andrew M. Cuomo has signed into law a bill enabling OSI Pharmaceuticals Inc. to expand at Farmingdale State College.

The legislation, which won overwhelming approval in the State Senate and Assembly last month, sets the boundaries for the college's Broad Hollow Bioscience Park at 38.5 acres.

It also paves the way for construction of a third building at the park.

The new structure...

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