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Alabama Gov. Kay Ivey speaks at the official opening of Discovery Life Sciences in Huntsville's Cummings Research Park. The company provides genetic samples and data to researchers around the world seeking to understand and treat diseases.Alabama Gov. Kay Ivy came to Huntsville today to cut the ribbon on a new biotech company bringing 250 new jobs to the area in the growing field of genetic medicine.
The company already operates in Europe and in America with facilities in Boston, Santa Barbara and Alameda, Calif. It has a total employment of 750 people, a HudsonAlpha spokesman said. Ivy said it was a “privilege to be a friend of HudsonAlpha” because it “continuously puts our state on the map” with companies like this one. Government should be a partner with business, Ivey said, adding, “We have built the best business climate in America.”
The financial breakdown of the latest expansion for the genetics company was $48.5 million for the overall park expansion and $38 million for the DLS building, a HudsonAlpha spokesman said. Funding sources were the state , Madison County , City of Huntsville , philanthropy & HudsonAlpha itself .
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