Columbus, Ohio (May 23, 2022) – AmplifyBio, a biotechnology contract research organization (CRO) that aims to advance the quality and innovation of human health and advanced therapies, is expanding in the Columbus Region, investing approximately $150 million in a new 350,000-square-foot New Albany facility. With this investment, the company is also creating 263 new jobs across both its new location and its existing West Jefferson location. Hiring for research and development positions will be ongoing through 2022.
AmplifyBio is expanding to meet surging market demand for advanced therapies, including cell and gene therapy products. Its new facility at 9885 Innovation Campus Way in New Albany will create 132 new jobs. The company’s existing West Jefferson location on a 30-acre campus at 1425 Plain-City Georgesville Road, which currently has 155 employees, will see the creation of 99 new jobs. In addition, 32 new corporate jobs will be added at a location yet to be determined.
“We are excited to expand our presence in the Columbus Region, and specifically New Albany. We believe that our innovation platform is a perfect fit for the collaborative environment that I first noticed when I came to Ohio,” commented AmplifyBio CEO and President J. Kelly Ganjei. “Our partners, collaborators and clients view working in the Region as a phenomenal opportunity, and we are convinced that our business model will continue to drive more innovative developers into the area.”
“We are excited to welcome AmplifyBio to our community’s burgeoning health and life sciences cluster, which is already home to industry leaders such as Amgen,” said City of New Albany Director of Community Development Jennifer Chrysler. “Our community’s International Business Park offers shovel-ready sites, redundant and reliable utilities, and is a stone’s throw from one of the nation’s largest public research universities. When our clients need to quickly establish and scale operations, they know that they can achieve success in New Albany because we have made all the necessary investments to welcome them while reducing their development costs.”
AmplifyBio is leveraging decades of experience in supporting advanced therapies using a variety of modern clinical and commercial drug development solutions. The company focuses on safety, efficacy and toxicology testing for best-in-class and advanced therapy drug candidates to accelerate the development of scalable products. In 2021, AmplifyBio raised $200 million in early-stage venture capital investments – the second largest VC investment in the Columbus Region last year.
“AmplifyBio is working to provide a platform that will help solve the challenges of scaling complex therapies, putting Madison County at the forefront of new advances and technologies in the biotech industry,” said Madison County Chamber of Commerce Executive Director David Kell. “The company’s growth and expansion beyond Madison County is indicative of the collaborative business climate that we have fostered in the Columbus Region, which provides the right atmosphere for groundbreaking research and development.”
From trailblazing innovation to high-tech manufacturing, the Columbus Region is home to one of the most dynamic life science industries in the country. Companies spanning the life science industry have operations focused on R&D, technology, and manufacturing. From Sarepta’s new Gene Therapy Center of Excellence to Battelle’s launch of AmplifyBio, NCH’s launch of Andelyn Biosciences and Forge Biologic’s $130 million series B, the Columbus Region is on the cutting-edge of innovation in the life sciences industry. New Albany is in Franklin County, which is home to an estimated 1,316,756 residents.
“AmplifyBio’s growth is further evidence of the rapidly growing biotech sector throughout the state and Region,” said JobsOhio CEO J.P. Nauseef. “The unique opportunities in research and development that AmplifyBio’s expansion is bringing to the Region, with a mission to advance healthcare for all, is a big win for our workforce and our knowledge economy.”
AmplifyBio combines the strength, knowledge and experience of our partners, and the expertise of our cross-integrated teams to advance translational science, cell and gene therapies and next-generation medicines for the benefit of millions of people around the world. Our facilities include a state-of-the-art fully functional GLP lab with 200,000 sq of space dedicated to drug development including a full complement of pre-clinical models and support services. Learn more at amplify-bio.com.
About New Albany, Ohio
New Albany, Ohio, is an aspirational, welcoming, and collaborative community of 11,000 residents located fifteen miles northeast of Columbus, Ohio’s capital city, and ten miles from John Glenn Columbus International Airport. Recognized as the best city to live in Ohio and one of “America’s Best 50 Cities to Live”, New Albany is committed to ensuring its four community pillars – lifelong learning, arts and culture, health and wellness, and environmental sustainability – are reflected in its investments. New Albany is also home to one of the largest planned international business parks in the Midwest, featuring shovel-ready sites, triple-feed electric power, and fiber optic capabilities for companies of all sizes. Learn more at newalbanyohio.org or newalbanybusiness.org.
About Madison County
Home to approximately 44,000 residents, Madison County, Ohio, is strategically located between the City of Columbus and the City of Springfield. Interstate 70, a major east-west highway in the United States, runs through the middle of the County. US 40, a major United States Highway that is also known as the Main Street of America, also runs through the middle of Madison County parallel to Interstate 70. Learn more at co.madison.oh.us.
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention, and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow the company on LinkedIn, Twitter and Facebook.
About One Columbus
As the economic development organization for the 11-county Columbus Region, One Columbus’ mission is to lead a comprehensive regional growth strategy that develops and attracts the world’s most competitive companies, grows a highly adaptive workforce, prepares our communities for the future, and inspires corporate, academic, and public innovation throughout the Columbus Region. One Columbus expertly guides companies through the location decision process. Through strategic business outreach and customized research, the One Columbus team leverages public, private and institutional partnerships to grow the Columbus Region’s economy and strengthen its national and international competitiveness. Funding is received from more than 300 private organizations, local governments, academic institutions and JobsOhio. Learn more at ColumbusRegion.com.
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