Governor Nixon was on hand for the grand opening of a high-tech bioscience research company in the Central West End. Cofactor Genomics celebrated the opening of their $3.8 million dollar headquarters at the corner of Clayton and Sarah Streets. Jarret Glasscock is the CEO and founder, and he says the biotechnology industry is key to improving the St. Louis work force.
"We're hiring individuals and talent that is considering being on the west coast or the east coast and that's the talent we're competing for" said Nixon. "So as we continue to invest in this area and we gain that reputation, it becomes easier. It's like a snowball effect, getting more talent here. So that's what we're hoping to have."
As part of the 10,000 squat foot expansion, Cofactor plans on hiring 24 new employees.