NTxBio is opening a biomanufacturing facility in Plano, according to a news release from Gov. Greg Abbott’s office.
What you need to know
The company received a Texas Enterprise Fund grant of nearly $1.5 million to open the $31 million facility, which will create more than 170 new jobs in Plano, per the release.
“Texas is the epicenter for groundbreaking, life-saving medical research and home to thousands of biotech and life science firms,” Abbott said in the release. “I congratulate NTx on their leading efforts to advance the healthcare industry in Texas with their next generation biomanufacturing solutions. Working together, we will keep Texas on the cutting edge of biotech research and development and save more lives.”
