PS-Fertility Plans Charlottesville, Virginia, Headquarters-Operations Complex
01/12/2023
The company will lease 4,000-square-feet of space at 3030 Vision Lane in Charlottesville, which will serve as its headquarters and house a test kit assembly operation and a diagnostic laboratory.
“The Virginia Economic Development Partnership comprehensively met our company’s needs, recognizing that this valuable scientific discovery made at the University of Virginia has significant benefits for people interested in reproductive health as well as to the state’s economy,” said Kevin Combs, chief executive officer of PS-Fertility, Inc. “As a result, we anticipate launching our company’s advanced testing platform to measure and analyze male fertility levels in the very near future.”
The Virginia Economic Development Partnership (VEDP) worked with Albemarle County to secure the project for Virginia and will support PS-Fertility’s job creation through the Virginia Jobs Investment Program (VJIP), which provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens.
“Virginia is the birthplace of innovations, and PS-Fertility’s groundbreaking discovery demonstrates the importance of our entrepreneurial ecosystems that lead to new technologies and products, ultimately resulting in new jobs,” noted Secretary of Commerce and Trade Caren Merrick. “We are excited to see the company grow its enterprise in Albemarle County and thank PS-Fertility for creating 31 new jobs in the region in which it was founded.”
PS-Fertility, Inc., will use an at-home sample collection model, where individuals will mail samples to the laboratory in Albemarle County from across the country. The new headquarters will serve the entire U.S.
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