31. October 2011 13:02
Nephron Pharmaceuticals plans to build a $313 million plant in Cayce, South Carolina, creating 707 new pharmaceutical jobs.
The generic respiratory treatment specialist will build its new facility on a 60-acre site to help expand its market and develop a pipeline of products.
Nephron currently employs more than 400 people at its manufacturing and distribution facility in Orlando, Florida.
The state will contribute $4.5 million to the facility’s preparation and construction costs, which is set to be up and running within the next couple of years.