Posted on 06/30/2018 1:38:03 AM PDT by 2ndDivisionVet
Rubius Therapeutics, a Cambridge biotech, plans to build a 135,000-square-foot manufacturing facility in Smithfield, R.I., after the State of Rhode Island on Thursday approved about $6.4 million in tax credits.
The plant is expected to create 160 highly skilled jobs in manufacturing and biotech operations, according to Governor Gina M. Raimondo. Rubius is developing technology intended to turn our own red blood cells into potent new medicines. Rubius plans to invest up to $155 million over about five years to renovate a manufacturing facility in an existing building in Smithfield....
(Excerpt) Read more at bostonglobe.com ...
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