» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 127 | NO. 30 | Tuesday, February 14, 2012

Oxford Immunotec Wants to Bring New U.S. Location to Memphis

By Andy Meek

Print | Front Page | Email this story | Email reporter | Comments ()

Oxford Immunotec Inc., a medical diagnostics company founded in 2002, wants to put its first U.S. location outside of its Massachusetts headquarters in Memphis.

The company’s European headquarters is in Abingdon, England, and Massachusetts is home to the company’s North American headquarters.

The company, which is developing new testing for diseases based on its patented T-cell measurement technology, would focus its proposed Memphis location at 5846 Distribution Drive on testing blood specimens for analysis using the company’s T-SPOT TB test. That test is the company’s first product and a new cellular blood test for the detection of active and latent TB infection.

The company is looking for a $100,000 Economic and Community Development grant from the state to offset the costs of developing the site. Oxford also expects to invest more than $1.8 million and hire 25 employees by the end of 2014 for the Memphis facility.

The company’s request will be discussed at the Economic Development Growth Engine (EDGE) board meeting Wednesday, Feb. 15.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 106 106 10,157
MORTGAGES 95 95 11,906
FORECLOSURE NOTICES 0 0 1,716
BUILDING PERMITS 166 166 21,532
BANKRUPTCIES 53 53 6,753
BUSINESS LICENSES 29 29 3,612
UTILITY CONNECTIONS 42 42 4,197
MARRIAGE LICENSES 27 27 2,317

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.