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CTD Holdings Locates Corporate Headquarters In Jupiter, Florida

CTD Holdings, a biotechnology company that develops cyclodextrin-based products for the treatment of disease, will establish its corporate headquarters in Jupiter, Palm Beach County, Florida. The company expects to add 51 jobs and invest $2.75 million in the region.

“CTD Holdings is pleased to be locating to Jupiter in order to build out our company and our drug development programs,” said N. Scott Fine, CTD Chairman/CEO. “We are grateful to Governor Scott and his team, as well to our local colleagues and officials in Palm Beach County and the City of Jupiter for all their support as we make this important move.”

Kelly Smallridge, President/CEO of the Business Development Board of Palm Beach County said, “CTD Holdings is an example of the many sophisticated biotechnology companies that are locating to and expanding in Palm Beach County.

Cissy Proctor, Executive Director of the Florida Department of Economic Opportunity, said, “CTD Holdings’ relocation to Jupiter is great news for our state and highlights Florida’s strong business-friendly environment. Companies like CTD recognize the opportunities our state provides to grow their business. I look forward to the company’s bright future in Florida.”

“CTD Holdings’ selection of Jupiter for its corporate headquarters is excellent news for the town and surrounding communities,” said CareerSource Florida President/CEO Chris Hart IV. “The CareerSource Florida network stands ready to help meet the recruiting, hiring and training needs of CTD Holdings and other businesses expanding in or relocating to Florida.”

“I’m pleased that a quality company like CTD Holdings is joining Jupiter’s growing community of biotechnology companies. CTD’s presence in Jupiter not only provides high-quality bioscience jobs, it also helps to further solidify Jupiter’s position as a biotechnology hub where important scientific advances are realized,” said Jupiter Mayor Todd Wodraska.

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