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Pharmaceutical

Osmotica Pharmaceutical to open manufacturing operation in Marietta, Ga.

August 17, 2011
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MARIETTA, Ga. — Osmotica Pharmaceutical announced plans to spend $20 million to open a research, development and manufacturing operation in Marietta, Ga., The Marietta Daily Journal reported.

The deal is expected to create 156 jobs over the coming five years.

“It would be very difficult to go to an area that did not have skilled pharmaceutical people and just start up an operation,” said Osmotica CEO Forrest Waldon. “You need those people, a core group of people, in place to do that. The second thing is the state and county and the city have all done a lot of incentives to make it worth our while to call this home. They’ve been very cooperative with what we need to plan out the next five years of our life here.”
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