Biotech firm is bringing hundreds of jobs at $63,000 in average pay to Sanford

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by Jason Parker , WRAL TechWire

Biotech firm Abzena is bringing more than 300 jobs to Sanford in an economic expansion announced Tuesday.

Average pay will be $63,000, according to figures disclosed by the N.C. Department of Commerce.

Abzena is a Global Partner Research Organization for “integrated bench to market solutions for biologics and bioconjugates,” according to its website.

The firm will invest some $13 million in the new facility.

It is receiving some $7 million in state incentives.

The deal was agreed to by the North Carolina Economic Investment Committee.

Sanford is also the site of two other pharmaceutical companies announcing major projects recently: Pfizer and Audentes.

North Carolina was selected for the Abzena plant over  Philadelphia, Trenton, NJ, Tulsa, OK, Greenville SC, and San Diego.

Original Article Source: WRAL TechWire