Biotech company Rapid Pathogen Screening plans 164 new jobs in Sarasota County headquarters expansion
Rapid Pathogen Screening Inc. (RPS), an emerging biotech company that makes rapid diagnostic tests for a variety of diseases and conditions, plans to add 164 employees over the next five years, according to RPS CEO Thomas Orsini.
Sarasota, FL (PRWEB) August 12, 2011
Rapid Pathogen Screening Inc. (RPS), an emerging biotech company that makes rapid diagnostic tests for a variety of diseases and conditions, plans to add 164 employees over the next five years, according to RPS CEO Thomas Orsini. RPS recently qualified for performance-based incentives totaling $820,000 from the State of Florida and Sarasota County Government to accelerate the company’s headquarters expansion in Sarasota County.
RPS’s (http://www.rpsdetectors.com) initial product offering is the FDA-cleared RPS Adeno DetectorÃ¢“¢, with sales in the United States and internationally. Health care providers use the test kit to determine the underlying source of infectious conjunctivitis, commonly known as pink eye. The company’s proprietary testing technologies enable RPS to develop, manufacture and market rapid, easy-to-use point-of-care diagnostic tests with global application for infectious disease and agents, inflammatory conditions, genetic markers and select chemical warfare and bioterrorism agents. The instant test kits mean that patients and caregivers don’t need to wait for lab results to diagnose and treat a condition.
“We expect to expand significantly as we accomplish fundraising objectives, allowing us to bring nine new products to market,” Orsini said. “State and community support, and our desire to partner with local business ventures to attract and retain top-caliber talent, makes Sarasota County an appealing location for our headquarters. RPS has created a team of highly skilled and experienced talent, which is critical to the stability and growth of the company.”
RPS occupies a 3,300-square-foot facility in Lakewood Ranch, and could require 35,000 square feet within five years, Orsini said. The company has 25 employees. New positions will include research and development scientists, sales and marketing professionals, and administrative and financial professionals. Potential job candidates should monitor the company’s website (http://www.rpsdetectors.com) for opportunities, Orsini said.
“Rapid Pathogen Screening has been a hidden gem in Sarasota County’s growing biotech sector, quietly going about its business of creating breakthrough medical technology,” said Mark Huey, president and CEO of the Economic Development Corporation of Sarasota County (EDC). “The EDC is strongly focused on assisting innovative companies like RPS to expand in or relocate to Sarasota County.”
EDC staff consulted with RPS on various resources to facilitate the company’s growth, including assisting RPS in applying for local and state economic development incentives. The State of Florida, through its Qualified Target Industry tax refund program, committed $656,000 to the company’s expansion. Sarasota County pledged a local match of $164,000. The incentives are performance-based, meaning the funds are only provided if the company hires 164 permanent, full-time employees over the next five years. The average wage of the new jobs also must be $72,104.
“Biotech companies like RPS are great investments for Sarasota County because they add to the county’s base of technological innovation,” said Nora Patterson, chair of the Sarasota County Commission. “We’re an increasingly attractive market for these companies as we boost our core of well-paying, high-tech jobs and diversify our economy.”
The EDC of Sarasota County is the private, not-for-profit corporation leading the community’s economic development strategy to add high-wage jobs and diversify the local economy. The EDC provides business assistance to companies in Sarasota County and helps forge solutions to community challenges that affect quality of life. The EDC works in partnership with chambers of commerce, local governments and other organizations throughout the county and the region. For more information, visit http://www.edcsarasotacounty.com.
This release may be found online: http://www.edcsarasotacounty.com/News.asp?rls_id=210
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2011/8/prweb8716002.htm