May 4, 2007

Ho Hum Hiring Headline (050407)

Filed under: Business Moves, Economy, Taxes & Government — TBlumer @ 6:05 am

The economy is doing so well that even late-to-the-party Ohio is getting in on the act:

Drug maker Amylin Pharmaceuticals Inc. and Gov. Ted Strickland tonight confirmed plans for 500 additional jobs here and for a $400 million investment to produce a new long-acting drug to treat Type 2 diabetes.

The project is an expansion of San Diego-based Amylinâ€™s $150 million investment announced in 2005 to hire 150 to produce the new long-acting release exenatide, now in clinical trials, and expected to be ready for commercial release in 2008.

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