A publicly traded pharmaceutical company, Harrow Health, Inc. will locate its headquarters operations in Nashville, Tennessee.
Harrow Health will locate its new headquarters in an existing building in Nashville which will house the company’s executive team. The healthcare company will invest more than $500,000 and expects to create 27 new jobs in Davidson County in the near term.
“From our new home in Nashville, our team will continue to start, finance and grow pharmaceutical companies that will develop innovative, affordable and accessible medicines to solve the unmet needs of Americans. Our team is grateful for the warm welcome we received from everyone in Tennessee, from the governor and legislators, who have created a business climate that is second to none, to our new neighbors in Nashville where our families will live. Our team is excited to contribute to the future of Tennessee,” Harrow Health Founder & CEO Mark L. Baum said.
In addition to owning one of the nation’s leading ophthalmology pharmaceutical businesses, ImprimisRx, Harrow Health, Inc. has started and owns large stakes in five other pharmaceutical companies, including Eton Pharmaceuticals, Surface Pharmaceuticals, Melt Pharmaceuticals, Mayfield Pharmaceuticals and Radley Pharmaceuticals.
“It is great news that Harrow Health is choosing to locate its headquarters operations in Tennessee. With their move to Tennessee, there are more than 10,000 headquarters, finance and tech establishments located in our state. We’re glad that more and more companies are seeing what we in Tennessee already know, our state is the best state in the country to do business,” said Governor Bill Lee.
“The healthcare industry continues to have a huge presence in Tennessee and specifically Nashville. In Middle Tennessee alone, the healthcare industry contributes more than 250,000 jobs to the local economy annually. I want to thank Harrow Health for contributing to this growing sector by locating its headquarters in Nashville and creating these new jobs in Davidson County,” said Bob Rolfe, Commissioner of TNECD.