B/CS Biocorridor One Of Three Possible Sites For A Canadian Based Plasma Production Facility

Screen shot of an image from Evolve Biologics that was presented during the August 17, 2020 Bryan ISD school board meeting.
Screen shot of an image from Evolve Biologics that was presented during the August 17, 2020 Bryan ISD school board meeting.

The Bryan ISD school board takes the first steps in what could be bringing a Canadian based pharmaceutical manufacturer to the biocorridor.

Evolve Biologics chief commercial officer David Holliday says the facility will process one million liters (more than 264,000 gallons) of plasma a year.

The Toronto based corporation has three possible sites for its $140 million dollar production facility. The president of the Brazos Valley Economic Development Corporation (BVEDC), Matt Prochaska, says the other finalists are an undisclosed city in North Carolina and an unidentified international location.

Bryan ISD board members on Monday night approved submitting an application with the state comptrollers office for an economic development agreement. The board also selected an Austin based consultant to process the state application.

According to information provided by Evolve, construction would start next year, employing more than 700 during a three year period.

Evolve plans to start production in 2023 and have 344 manufacturing employees by the year 2026. Prochaska says salaries would be above the Brazos Valley average.

If Evolve chooses the biocorridor and if the state approves the application, then Evolve and Bryan ISD would negotiate payments to the school district in lieu of property taxes.

Click HERE to read and download information presented by Evolve Biologics and BVEDC during the August 17, 2020 Bryan ISD school board meeting.

Click below for comments from the August 17, 2020 Bryan ISD school board meeting. Speakers are Matt Prochaska, Evolve Biologics chief commercial officer David Holliday and head of plasma proteins Mark Krause, and Kathy Mathias of an Austin based consulting company hired by BISD to process the state application.

Listen to “B/CS biocorridor is one of three possible sites for a Canadian plasma production facility” on Spreaker.

More News