Nanotherapeutics, an Alachua County-based company founded by Gator Engineering alum James Talton, is expanding operations with a 165,000-square-foot facility. The company created 150 new jobs and will generate a projected $360 million for Florida in the next 10 years.
Because of the investment brought to the state, Nanotherapeutics caught the attention of Gov. Rick Scott, who attended the groundbreaking ceremony Oct. 23.
Nanotherapeutics originated on the University of Florida campus at the Particle Engineering Research Center (PERC) as a collaboration between graduate students and faculty from the College of Engineering and the College of Medicine.
Since then, it has grown with the help of UF’s Sid Martin Biotechnology Incubator, which was ranked “World’s Best University Biotechnology Incubator,” according to an international study by Swedish research group UBI. Now, Nanotherapeutics leads the biotechnology industry in innovation.