Pharmaceutical
company Merk & Co. and H. Lee Moffitt Cancer Center and
Research Institute announced Monday they will create a joint
company which will develop drugs for treating cancer. This is
great news for the Tampa Bay area as the new company is expected to
create 170 high paying jobs, with an average salary of $80,000, and
add $1 billion into Tampa’s economy over the next few
years.
County officials are hoping the new company,
called M2Gen Inc., will spark even greater economic development for
Tampa in the bioscience field. Hillsborough County had to lay out
$20 million in cash along with the land to the new company in what
is its largest economic development package ever.
Read
the full story in The Tampa
Tribune.
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Morgan Carey