Neil Steinberg Resigns As Rhode Island Life Science Hub Chair

Neil Steinberg is stepping down as chairman of the Rhode Island Life Science Hub, a role he has held since October 2023. He cited a desire to spend more time with family, travel, and focus on other public priorities such as education, healthcare, and housing. Steinberg played a key role in securing legislation and federal funding amounting to $45 million from the American Rescue Plan Act, which established the Hub to support Rhode Island's biotech sector. During his tenure, the Hub launched grant programs, hosted a major summit, secured a $10 million incubator project, and attracted companies like Organogenesis Holdings to expand manufacturing in the state. Challenges remain, including securing sustainable funding beyond 2026 and growing the life sciences sector to compete with neighboring Massachusetts. Governor Dan McKee will appoint a successor, subject to Senate approval, to continue building on the foundation Steinberg helped create.