Ohio Innovation Fund leads $7M round in Athens drugmaker

A pharmaceutical maker addressing critical drug shortages will fledge from an Ohio University incubator and add as many as 100 jobs in rural Athens County after closing a $7 million funding round. RXQ Compounding LLC will use the round to add to its management team and expand operations in its new manufacturing facility in Albany, a village with just more than 800 residents about 10 minutes from Athens. Ohio Innovation Fund, the venture capital firm backed by Ohio State, Ohio and Kent Stat e universities,…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news