Inotiv Inc., a pharmaceutical development firm, recently announced plans to expand in St. Louis, Missouri. The company plans to bolster its presence in the region, purchasing its existing facility in Maryland Heights and expanding its footprint by 20,000 sq. ft. to add more laboratory and office space.
“Expansion of our operations is part of a strategic investment campaign we initiated at the beginning of 2020 to broaden our laboratory-based solutions and services,” said Robert Leasure Jr., Inotiv’s President and CEO. “The expansion will also offer additional space for continued growth and opportunities from the Bolder BioPATH, Inc. and HistoTox Labs, Inc. acquisitions. Investments to date have also included upgrading our technology in mass spectrometry, automation, and flow cytometry technology, as well as recruiting high-level scientific leadership — all of which we believe will directly benefit our clients in their ultimate goal of delivering traditional therapeutics and novel biotherapies to patients.”
Inotiv is a contract research organization that provides drug discovery and development services. Its St. Louis site provides pharmacology, toxicology, drug metabolism and pharmacokinetics (DMPK), histology, pathology and cell and molecular biology services.
“The planned strategic expansion of our DMPK, cell & molecular biology, and investigative pathology laboratory footprint will extend Inotiv’s reach into earlier stages of drug discovery, ultimately increasing engagement of our pharmacology and toxicology operations and histopathology services,” said Stewart Jacobson, Vice President of Pathology and St. Louis Site Leader at Inotiv.
Missouri has long been a leader in health innovation with industry leaders including Cerner, Centene, and Express Scripts calling the state home.
What Next?
Inotiv Inc., a pharmaceutical development firm, recently announced plans to expand in St. Louis, Missouri. The company plans to bolster its presence in the region, purchasing its existing facility in Maryland ... Read More
The Tax Foundation, in collaboration with KPMG LLP, today released a new report called “Location Matters.” This comprehensive study ranks state corporate tax costs across multiple industries nationwide. “We are thrilled ... Read More
Accenture Federal Services (AFS), which selected St. Louis for its new Advanced Technology Center in 2020, is one of eight firms that’s been awarded a five-year government contract for up to ... Read More
Cities across Missouri have been getting a lot of attention lately, especially when it comes to attractiveness for recent college graduates. Self Financial ranked St. Louis and Kansas City among the ... Read More
Missouri Partnership CEO, Subash Alias, offers expert advice on how company executives can find the best location for their businesses to grow and thrive. Now that remote work is commonplace, you ... Read More
Jim McKelvey, Co-Founder and Director of Square has seen tremendous growth since the financial services firm invested in St. Louis, Missouri. The tech mogul will be a panelist for the June ... Read More
Three Missouri Companies were recently ranked among Fortune’s 100 best companies to work for in 2021. Edward Jones, Veterans United Home Loans, and World Wide Technology all made the list. St. ... Read More
At the center of the U.S. is a state as rich in commercial infrastructure as it is in lifestyle opportunities. That state is Missouri. The European, a quarterly business publication published ... Read More
Missouri has seen a tremendous amount of success in recent days with millions of dollars of new investment in the state. Casey’s General Stores, Carlisle Construction Materials LLC, and Swift Prepared ... Read More
Volpi Foods, a food solutions company, recently announced plans to open its newest production facility in Union, Missouri. The new 89,000 sq. ft. facility will be devoted entirely to slicing and ... Read More