MEMPHIS, Tenn. — A bioscience company with facilities in Memphis is looking to create 561 new jobs in the area.
The EDGE awarded Cognate Bioservices a 15-year jobs PILOT to create those jobs and triple its current Memphis employee base.
As part of this first phase, Cognate is also investing more than $212 million to renovate their current and new properties.
The company produces vaccines across the globe and helps companies test products through DNA sequencing. Its products help repair organs and tissues and treat cancer patients.