LakePharma, Inc. is the latest company to join the region’s biotech industry, all while state and business officials push for a robust workforce to keep the momentum going – and attract new businesses.
On Monday, the San Francisco company announced it will open a 69,000-square foot biomanufacturing building on South Street in Hopkinton. The company plans to add approximately 100 jobs at the center by 2020.
“Hopkinton is in close proximity to Cambridge/Boston, where we have a large cluster of clients, and we believe that this facility will increase our ability to serve their product development and manufacturing needs,” said Hua Tu, LakePharma’s CEO, in a statement.
The news comes as dozens of state and businesses officials gathered Thursday afternoon at Sunovion’s global headquarters in Marlborough to hear the latest update prepared by the 495/MetroWest Partnership on the life sciences industry. Life sciences is the second largest industry in the state behind information technology, according to the report.
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