Dublin Startup Biosortia Raises Cash and Moves HQ to San Diego for Johnson & Johnson Incubator But Expects to Expand in Ohio as Well
A startup seeking potential new drugs within blooms of algae has raised $500,000 and is moving its headquarters to San Diego to take part in a business accelerator run by pharmaceutical giant Johnson & Johnson.
"We actually expect to continue to expand in Ohio," founder and interim CEO Ross Youngs said, repeating his pledge made when he hinted at an upcoming move last month.
Dublin-based Biosortia Pharmaceuticals Inc. is keeping its operations facility on the west side of Columbus, where it maintains and improves the field equipment for harvesting algae.
"We actually expect to continue to expand in Ohio," founder and interim CEO Ross Youngs said, repeating his pledge made when he hinted at an upcoming move last month.
Dublin-based Biosortia Pharmaceuticals Inc. is keeping its operations facility on the west side of Columbus, where it maintains and improves the field equipment for harvesting algae.