February 24, 2010
FOR IMMEDIATE RELEASE
CONTACT: LaRhonda Jackson
Georgia Department of Economic Development
404-962-4830
LJackson@georgia.org
International Biotech Company Establishes North
American Headquarters in Atlanta: Sepmag Technologies to serve growing North American consumer base
ATLANTA (February 24, 2010)—The Georgia Department of Economic Development
(GDEcD) announced today that Barcelona, Spain-based biotechnology firm Sepmag
Technologies selected Atlanta as its North American headquarters. The company
develops, manufactures and markets proprietary biotechnology products. This project
represents an initial investment of $150,000, and will create sales and specialized
biotechnology engineering jobs as the company’s Atlanta staff grows.
“Georgia’s stock as a true competitor in the biotech sector is enhanced when we’re able
to attract leading international companies like Sepmag Technologies to do business in
our state,” said Ken Stewart, commissioner of the Georgia Department of Economic
Development. “By choosing Georgia, Sepmag can tap into the state’s competitive
resources for this industry, including world-class research institutions, intellectual capital
and a pipeline of the brightest talent.”
Through proprietary magnet-based technologies, Sepmag Technologies develops
precision equipment that serves the in vitro diagnostics (IVD) industry and the larger
biotech community. The company was first introduced to the resources Georgia offers
companies in this sector during the 2009 BIO International Convention in Atlanta.
“When our board decided to open the U.S. subsidiary, we first considered markets along
the East Coast as primary locations,” said Sepmag CEO Lluis M. Martinez. “After
meeting the GDEcD staff last April, we were encouraged by the strong Georgia
nanotechnology and biotech cluster. Coupled with the Hartsfield-Jackson airport, the
result was to choose Atlanta as our North American base.”
“We are pleased to welcome Sepmag to the City of Atlanta’s growing life science
cluster,” said Gregg Simon, Manager of Business Engagement for the Atlanta
Development Authority. "Sepmag’s decision to select Atlanta for its North American
headquarters is a reflection of the strength of Atlanta’s knowledge assets anchored by
Morehouse School of Medicine, Georgia Tech, Emory Healthcare and Georgia State
University. Many life science businesses start off small and grow to large operations
and we are confident that they have selected the right environment in which to grow and
prosper."
GDEcD project manager Kornelius Bankston assisted the company with this location.
About Sepmag Technologies
SEPMAG Technologies develops, manufactures and markets precision
magnetophoresis solutions. These systems can speed up and scale up biotechnology
processes of purification and separation, reducing the time and number of steps, leading
to increased productivity with lower initial investment. Visit www.sepmag.eu for more
information.
About GDEcD
The Georgia Department of Economic Development (GDEcD) is the state's sales and
marketing arm, the lead agency for attracting new business investment, encouraging the
expansion of existing industry and small businesses, locating new markets for Georgia
products, attracting tourists to Georgia, and promoting the state as a location for film,
music and digital entertainment projects, as well as planning and mobilizing state
resources for economic development. For more information, visit www.georgia.org.
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