Aldevron has announced that the company is expanding into Madison, WI. The new division will produce and sell contract research and manufacturing services marketed under the Aldevron brand.
Reportedly, Aldevron Madison has already hired several people and is expected to grow to 20 employees within the company’s first two years of operation. The company’s operation will be located in the University Research Park.
Michael Chambers, president and CEO of Aldevron, said: “We recognise the strong pool of scientific and business talent in Madison. We are honored to be part of the growing biotech community in the State of Wisconsin.”
The company said that Tom Foti has been appointed as vice president & general manager of Aldevron and will lead the Madison division.
Tom Foti, said: “We are excited about the opportunity to build research and production teams in Madison that complement Aldevron’s existing service platforms. We very much appreciate Aldevron’s commitment to Madison and look forward to building a strong connection with the existing Aldevron sites in Fargo, ND and Freiburg, Germany.”
Aldevron is a provider of plasmid DNA for use in research, diagnostic and clinical applications. It provides services to many biopharmaceutical companies, life science tools & technology companies, as well as government and academic research groups.