First of its kind pharmaceutical plant coming to Austin
Project to create 35 new jobs.
Posted: Mar 3, 2021 12:29 PM
Updated: Mar 5, 2021 4:24 PM
Posted By: Mike Bunge
KIMT News 3 – The company building a new manufacturing plant in Austin says it will be the first of its kind in the United States.
Nu-Tek Biosciences, maker of industrial ingredients for the development and creation of pharmaceuticals, says its new facility in Austin will be the first dedicated, animal-free peptone, and protein hydrolysate manufacturing plants in the county. The company says peptones and protein hydrolysates are commonly used in microbiological media, fermentation nutrient systems, as well as cell and tissue culture media.
Nu-Tek BioSciences to Build Dedicated Animal-free Peptone Manufacturing Facility to Service Growing Biologics Supply Chain Demands yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
The Oakland-based nonprofit received a Project Innovation grant in 2020.
Published January 13, 2021 •
Updated on January 18, 2021 at 1:47 am
In 2020, NBC Bay Area, Telemundo 48, and the NBCUniversal Foundation announced that eight local non-profit organizations received a total of $225,000 in grants as part of the annual Project Innovation grant challenge.
The stations selected Pacific Community Ventures as one of the eight grant winners for their outstanding programs that leverage technology to solve everyday problems in the
Culture of Inclusion category.
Pacific Community Ventures mission is to invest in small businesses, create good jobs, and make markets work for social good. In California, they offer an integrated small business lending model combining fair loans, pro bono mentoring, and incentives to create quality jobs.