Waterford, Michigan -- JHP Pharmaceuticals broke ground on a $8 million laboratory expansion to its Rochester manufacturing facility, keeping 300 jobs in Oakland County Michigan’s Medical Main Street while bringing on another 15 scientists to the area.
JHP's sterile manufacturing facility sits on more than 80 acres of land and includes a 171,000-foot production building and warehouse. The laboratory expansion will include research and development space. The ground breaking was June 14. The New Jersey-based company provides contract manufacturing of sterile products for pharmaceutical and biotech organizations.
"The long-term plan for Medical Main Street is the growth of the medical and life science sectors and JHP is a vital part of that future," Oakland County Executive L. Brooks Patterson said. "Its expansion in Oakland County is further validation of the growing importance the life sciences have in our region. They are a valued member of our Medical Main Street family."
Earlier this year, Elba Laboratories in Troy announced investment of $350,000, while retaining 20 jobs and creating another nine. The company develops prescription and over-the-counter creams and lotions.
"These are companies we are aggressively working to retain and attract to Oakland County," Patterson said. "We had two members of our business development team in Boston this week at one of the biggest bio-tech shows in the world promoting Oakland and Medical Main Street."
Patterson created Medical Main Street in 2008 to focus on growing the life science industry in Oakland County and Southeast Michigan. Since the launch, Medical Main Street companies have generated investment of more than $220 million and created or retained more than 2,900 jobs.
The county's burgeoning life science industry includes 100,000 health care and life science jobs – more than the number of jobs at the Cleveland Clinic and Mayo Clinics combined. The county has more than 4,300 life science and medical facilities and is projected to add 45,000 health care and life science jobs in the next 10 years, according to a study conducted by the Anderson Economic Group. There are nearly 4,900 active clinical trials throughout Oakland County and the state – more than California, Florida, Texas or New Jersey.
In addition to company attraction, Medical Main Street helps entrepreneurs commercialize their life sciences technologies, assists local life sciences companies grow their markets globally, trains the work force for this industry, and works with state government to ensure Michigan is legislatively a top state for life sciences companies.
Medical Main Street's inaugural Inno-Vention conference is set for Oct. 4 at the Royal Park Hotel in Rochester. The focus is on medical device manufacturers, suppliers and clinicians, and the next generation of devices in oncology, cardiology and orthopedics. Registration is available at www.MedicalMainStreet.org.
About Oakland County, Michigan's Medical Main Street:
Oakland County, Michigan’s Medical Main Street is a unique alliance of world-class hospitals, universities, medical device, biopharma companies and some of the country's top medical professionals creating a global center of innovation in health care, research and development, education and commercialization in the life sciences industry.
Medical Main Street has assembled a board of industry leaders to provide advice and support to this initiative. The board includes: Beaumont Health System, Beckman Coulter Molecular Diagnostics, Crittenton Hospital, Ferndale Laboratories, Henry Ford Health System, Housey Pharmaceuticals, McLaren Health Care., MichBio, Oakland Community College, Oakland University, Oxus, Inc., Rockwell Medical Technologies, St. John Providence Health System, St. Joseph Mercy Oakland and State Rep. Gail Haines, R-Waterford.
The alliance also includes representatives from a wide range of organizations that support the mission of Medical Main Street. These ambassadors support the effort by: assisting in marketing and promoting our region, providing introductions for county officials to health care suppliers and life science companies, and participating in and providing support staff for Medical Main Street task forces and events.
Medical Main Street is part of Oakland County's Emerging Sectors® business attraction and retention strategy, which has generated $1.84 billion of new investment and created or retained more than 37,000 jobs in the county since 2004.