Governor Scott Highlights Recent Job Growth at Nanotherapeutics, Inc.
ALACHUA, Fla. – Today, Governor Rick Scott highlighted recent job growth at Nanotherapeutics, Inc., a biopharmaceutical company. In 2013, Governor Scott announced that Nanotherapeutics would be expanding to create 150 new jobs at their new manufacturing facility with a capital investment of $122 million. Since the announcement, the company has already created 75 new jobs and invested $250 million into the local community. Nanotherapeutics currently employs more than 120 Floridians.
Governor Scott said, “I am proud to recognize Nanotherapeutics for their continued growth and the creation of 75 new jobs. By cutting taxes more than 55 times since 2010, including permanently eliminating the sales tax on manufacturing machinery and equipment, we have helped create a business-friendly environment so manufacturers like Nanotherapeutics can create more job for our families. I also appreciate all of Nanotherapeutics’ work with our nation’s military and their continued efforts to hire veterans so our heroes can build successful careers in Florida.”
Nanotherapeutics is an integrated biopharmaceutical company with a focus on development and manufacturing. The company produces medical counter measures to combat chemical, biological, radiological and nuclear attacks as well as naturally occurring disease outbreaks. Nanotherapeutics will integrate into a new state-of-the-art facility that can provide the military’s national security requirements for Medical Counter Measures. Nearly 1,000 biotech, pharmaceutical and medical devices companies are located around the state, making Florida’s life science industry one of the best in the country.
Weaver Gaines, Chairman of Nanotherapeutics said, “By August, with the commencement of operations of the Advanced Development and Manufacturing facility in Alachua, we will embark on a dynamic opportunity to become a world class contract development and manufacturing company, serving not only our country’s servicemen and women, but also commercial companies that need our highly specialized abilities. We have worked closely with the Department of Defense to build a state of the art capability here in Florida, employing a highly skilled labor force that speaks volumes about our state and region. We are extremely grateful for the support we have received from the State of Florida and our local leadership."