Investment expected to create 70 new jobs
COLUMBIA, SC – January 21, 2009 – The South Carolina Department of Commerce, the Central S.C. Alliance and SCLaunch! today announced that Bridge to Life Ltd., a development-stage biotechnology company formed to advance the science of organ preservation and to develop, manufacture, and sell medical technologies, will locate its new facility in Richland County. The company will invest $45 million and create 70 new high-paying jobs.
“We are pleased to locate our global headquarters office in Richland County. South Carolina offers our company an attractive business environment and a skilled workforce necessary to meet our customer demand and future product development. Additionally, the organ transplant expertise at MUSC will play a critical role in Bridge to Life’s new product development. We appreciate the support we have received from state and local officials and look forward to expanding our company in South Carolina,” said John Bruens, chief commercial and business development officer for Bridge to Life.
Bridge to Life will locate its global headquarters in Columbia. The company plans to begin immediate commercialization of two FDA-approved products designed for use in the procurement, storage and shipping of human donor organs for transplantation.
“Bridge to Life is an innovator in the field of medical technology, especially those technologies used in organ preservation. The company’s decision to locate its global headquarters in South Carolina is a testament that our state’s skilled workforce and business-friendly climate are working to attract new investment, good job opportunities and encourage innovation and biotech growth. Thanks to the team efforts of state and local officials, Richland County will benefit from this investment,” said Joe Taylor, Secretary of Commerce.
“We appreciate Bridge to Life’s decision to locate their headquarters here and invest in South Carolina. The company’s presence helps diversify the business sector in the Midlands and will be an excellent addition to our business community. We look forward to a long and mutually beneficial relationship with Bridge to Life,” said Central S.C. Alliance Chairman Jim Apple.
“Bridge to Life represents the growing biomedical knowledge economy in South Carolina. We are delighted to partner with the Department of Commerce, Central S.C. Alliance and Richland County to support and invest in Bridge to Life through our SCLaunch! program,” said SCRA chief executive officer Bill Mahoney.
Bridge to Life Ltd. is a development-stage biotechnology company formed to advance the science of organ preservation and to develop, manufacture and sell medical technologies. The company is a leading manufacturer of specialty medical solutions, offering services and products to the organ transplant community, as well as to physicians and hospitals.