Economic Development, Health Care, and Real Estate

Specialty pharmacy plans expansion

June 9, 2016
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OptiMed Specialty Pharmacy compounding
Kalamazoo-based OptiMed Specialty Pharmacy focuses on caring for patients with rare and complex conditions. Photo via fb.com

A specialty pharmacy in the region plans to expand into a new facility and create more than 70 jobs.

Kalamazoo-based OptiMed Specialty Pharmacy will expand its operations into neighboring Oshtemo Township, according to the Michigan Economic Development Corp., or MEDC, yesterday.

The expansion project is expected to generate $1.2 million in capital investment and create 77 jobs.

Michigan was chosen over competing locations in California and Louisiana, because of the area’s “economic diversity, broad talent pool and community support.”

“We are very excited that we have the opportunity to build our national headquarters here, in Kalamazoo, surrounded by the community that has continually inspired and empowered our organization,” said Andrew Reeves, CEO, OptiMed Specialty Pharmacy. “We look forward to continuing our commitment to provide high-level patient care to the local and national communities.”

Incentive

MEDC said OptiMed has been awarded a $500,000 Michigan Business Development Program performance-based grant for the project.

Southwest Michigan First is also supporting the project with staff time and resources.

OptiMed

Founded in 1994, OptiMed is a specialty pharmacy that focuses on caring for patients with rare and complex conditions.

The specialty pharmacy specializes in providing personalized medication management and clinical support for immune disorders, rheumatoid arthritis, psoriasis, inflammatory bowel disease, HIV, hepatitis C and multiple sclerosis.

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