At the end of 2007, Medco Health Solutions announced they would build the largest automated pharmacy in the world in the Indianapolis region. The project included 1300 high-paying jobs and a $150 million dollar investment.  The Medco project represented one of the largest life science deals in the country during 2007 and signaled that the Indianapolis region's life sciences environment had officially arrived.

 

Just two months later, another life science company, Cook Pharmica, located just 60 miles south of Indianapolis, announced that they will invest $80 million in an 80,000 sq. ft. expansion at its existing site. The expansion is expected to add another 200 jobs, including professional, hourly and management employees.

 

The State of Indiana offered an estimated $2 million for Cook's investment in Hoosier workers. With over 24,000 biomedical workers alone in the Indianapolis region and more than 60,000 workers in life sciences, employers are finding what they need from our experienced workforce.

 

Contact the Indy Partnership if you have any questions about the Indianapolis region life sciences environment or to discuss a project.  Our economic development expertise spans a full range of services including: award-winning research, marketing, and a large assortment of key state and local contacts who can move your project to completion.