Engineered BioPharmaceuticals Expands Danville, Virginia, Operations
The company will relocate from its current lab space in the Dan River Business Development Center into its first standalone manufacturing facility at 1 Ecomnets Way. The new facility will allow for manufacturing of Engineered BioPharmaceuticals’ innovative oral pharmaceutical dosing platforms, designed to enhance patient compliance and therapeutic efficacy.
“The company chose to expand in Virginia due to the Commonwealth’s overall business-friendly environment and its preeminent biotechnology presence,” said Engineered BioPharmaceuticals CEO Carl Sahi. “We also found Pittsylvania County and the City of Danville to be an ideal location because of their people, their economic development efforts, and their support and commitment to workforce development.”
The Virginia Economic Development Partnership (VEDP) worked with the City of Danville and Southern Virginia Regional Alliance to secure the project.
Governor Youngkin approved a $150,000 grant from the Commonwealth’s Opportunity Fund to assist Danville with the project. Engineered BioPharmaceuticals is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“Engineered Biopharmaceuticals is an important partner advancing our efforts to produce cost-effective, novel medications right here in Virginia,” noted Secretary of Commerce and Trade Caren Merrick. “We are proud of the company’s trajectory from its founding at the Dan River Business Development Center to this new manufacturing facility that will infinitely expand its capabilities and reach while adding 34 high-quality jobs in the City of Danville, which continues to offer the right resources and talent.”
Engineered BioPharmaceuticals, Inc. is a state-of-the-art biotechnology company focused on advancing dry powder pharmaceutical manufacturing and delivery through Atmospheric Spray Freeze Drying (ASFD) technology.
“Engineered BioPharmaceuticals epitomizes the success that is derived when applied engineering concepts for machinery and process complement research and development of advanced chemicals and materials,” added Linda Green, Executive Director of the Southern Virginia Regional Alliance.
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