Axis Clinicals, an India-based clinical trial company, will invest about $12 million on a new research and analysis facility at 1711 Center Ave. W. in Dilworth, Minnesota
, a city just east of Moorhead. The company’s expansion will bring up to 100 jobs to the North Star State’s northwestern region.
The firm, which specializes in planning, designing and managing clinical trials for pharmaceutical, biotechnology
and medical device organizations, will establish its new facility at a former Wal-Mart site. Axis Clinicals will receive $779,988 from Minnesota Department of Employment and Economic Development’s new Minnesota Job Creation Fund
if the company achieves its hiring goals and other performance measures.
"Axis Clinicals is an emerging clinical and biopharmaceutical development provider with a global footprint," DEED Commissioner Katie Clark Sieben
said. "We're thrilled that Axis Clinicals chose Minnesota for its latest expansion, and are pleased that the Minnesota Job Creation Fund is helping to make this project possible."
"Axis Clinicals' expansion is great news for Dilworth and great news for Minnesota," said Governor Mark Dayton
. "It is the best news for the 100 Minnesotans who will go to work in new, good-paying jobs. I thank Axis Clinicals for their important expansion."