Support for Durham County to Attract/Expand Medicago Biologics Manufacturing Facility
In August 2010, Medicago USA Inc. announced intention to build a biologics manufacturing facility in Research Triangle Park, NC. Medicago, headquartered in Canada, is a developer of protein-based biotherapeutics and vaccines and uses a unique tobacco production system to produce human therapeutics in plants.
As part of the State of North Carolina's effort to attract the project, the NC Department of Commerce approved a OneNC Grant for the project contingent on matching funds from Durham County. Funding will provide support, as part of a consortium of partners who came together to contribute to the $128,000 required match for the OneNC grant.
Medicago will be required to meet job creation milestones to receive funding.