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Area Development - Site Selection, Facility Planning and Workforce Development

BioInformatics Expands Arlington County, Virginia, Location

03/20/2018
BioInformatics Inc., a provider of critical market intelligence to major suppliers serving the life science, analytical instrument and clinical diagnostic markets, will invest $175,000 to expand at Ballston Tower in Arlington County, Virginia.

“Over the next five to 10 years, we see a world where instruments and diagnostics, including analytical, imaging, and clinical, will converge to lead a precision medicine revolution,” said Craig Overpeck, CEO of BioInformatics Inc.

“We are putting a stake at the intersection of science, medicine, and technology to help guide companies with transformative information and media products and services for converging markets that will make a difference in the lives of billions of people for the next century,” he added.

The Virginia Economic Development Partnership (VEDP) will support BioInformatics’ new job creation through its Virginia Jobs Investment Program.

“With a 24-year history in the Commonwealth, BioInformatics is a great success story for Arlington County,” said Governor Ralph Northam. “Virginia’s life sciences industry is leading the charge in cutting-edge technology and research, thanks to impressive companies like BioInformatics. This important sector is a significant contributor to the Commonwealth’s economy, and we are honored that BioInformatics has chosen to invest in its critical research operation and double its workforce in Northern Virginia.”

“Dynamic R&D universities and institutes and a highly educated workforce are driving the Commonwealth’s life sciences sector. Essential research companies such as BioInformatics foster new discoveries every day,” said Secretary of Commerce and Trade Esther Lee. “The success of businesses of all sizes is critical to economic vitality, and we are proud to have BioInformatics on Virginia’s corporate roster.”

“BioInformatics has a wonderful story of growth here in Arlington,” said Libby Garvey, Arlington County Board member. “We are thrilled the company has found success in Arlington and is now expanding its workforce. It’s companies like BioInformatics, companies looking for a highly-educated workforce, accessibility and resources, that are truly making Arlington a real leader in the tech industry.”

Senator Barbara Favola said, “Arlington is a quality community with great transit and great schools. We are fortunate that Virginia has created such a good environment for business and recognizes the value of trend-setting partners like BioInformatics.”

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