Colorado Biolabs, Inc. Expands to Riverside County, Bolstering Manufacturing and Economic Growth
January 18, 2024
Colorado Biolabs, Inc., a trailblazer in the pharmaceutical industry since its inception in 1997, is set to mark a new chapter in its history with a strategic expansion into the City of Jurupa Valley in Riverside County, California. This move is designed to not only bolster the company's manufacturing capabilities but also expand its laboratory testing capabilities, driving innovation and economic growth in the region. "As Riverside County's Second District Supervisor, I welcome Colorado Biolabs, Inc. to Jurupa Valley. Their decision to establish a presence here is a testament to our county's dedication to innovation and economic growth," says Supervisor Karen Spiegel. "This move promises significant local benefits, including job creation and community development, and reflects Colorado Biolabs' commitment to progress and our county's supportive environment for business and technological advancements. We eagerly anticipate their investment's positive impact on our community's future."
The City of Jurupa Valley, situated within northwestern Riverside County, boasts an impressive academic landscape with the regional presence of the University of California, Riverside, a prestigious R1 research university. The university's medical school, recognized among the top 100 in the nation, further enhances the county's standing in the healthcare and research sectors. This collaborative environment is expected to foster synergies between academic research and pharmaceutical advancements, propelling Colorado Biolabs toward even greater breakthroughs. “Riverside County and the City of Jurupa Valley have been tremendous allies for our company and are a big reason for motivating our company’s expansion into the area. We appreciate both of their efforts in supporting Colorado Biolabs’ rapid growth. Together, we believe this is only the beginning of a new journey that will create jobs for the local economy. We’re very excited to be joining the community”, said Adam Kashenberg, President and CEO of Colorado Biolabs, Inc.
Colorado Biolabs, with its rich history of addressing health challenges, has been at the forefront of tackling iron deficiency. The introduction of Heme Iron Polypeptide (HIP) to the U.S. market has been a game-changer in the treatment landscape, showcasing the company's commitment to innovation and patient well-being.
Moreover, Riverside County offers burgeoning hubs for genomics, health tech, and med tech sectors. This alignment positions Colorado Biolabs strategically, providing opportunities for collaboration and growth within these thriving industries. The region's commitment to cutting-edge research and development aligns seamlessly with Colorado Biolabs' mission to deliver high-quality products and personalized services.
The expansion into Riverside County is not only a strategic business move for Colorado Biolabs but also represents a substantial economic opportunity for the region. Beyond the creation of fulfilling over 20 jobs, this move is expected to contribute significantly to the local economy, reflecting the company's longstanding dedication to community welfare and global economic growth.
The pharmaceutical industry plays a pivotal role in improving life expectancy and quality of life globally. In the U.S. alone, it supports millions of jobs across various skill levels, emphasizing its impact on economic development. Colorado Biolabs, known for its commitment to research and development, is well-positioned to contribute to Riverside County's economic growth while maintaining its legacy of delivering groundbreaking treatments.
This expansion is a testament to Colorado Biolabs' unwavering dedication to medical progress, patient health, and economic development. The company is poised to continue its legacy of innovation while simultaneously fostering economic growth and job creation in Riverside County and beyond. The synergy between the university's research prowess, the county's thriving healthcare ecosystem, and Colorado Biolabs' expertise is anticipated to create a collaborative environment that propels the region to new heights in the pharmaceutical and healthcare industries.
To discover more about Colorado Biolabs, Inc. and its pioneering work in iron deficiency, please visit www.proferrin.com. For information on the exciting opportunities and resources available in Riverside County, explore www.RivCoED.org, reach out via email at [email protected], or connect with us directly at 951.955.8916. We invite you to be a part of the transformative journey ahead!
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