Cofactor Genomics invested $3.8 million in its St. Louis expansion, plans to create 24 new jobs

Gov. Jay Nixon today joined officials from Cofactor Genomics to celebrate the opening of the company’s new $3.8 million headquarters and laboratory facility in St. Louis. As part of this expansion, the company plans to hire 24 new employees, tripling its current employment.

“Missouri’s low taxes, highly skilled workforce and targeted investments in growing industries like the biosciences helped our state achieve the third fastest technology job growth in the nation last year,” Gov. Nixon said. “Today’s announcement of new jobs and new investments by another successful bioscience company is good news for St. Louis and the entire State of Missouri. I’m pleased my administration can support Cofactor Genomics’ expansion, as we work together to create jobs and move Missouri’s economy forward.”

Cofactor Genomics is a Contract Research Organization (CRO) that was founded in St. Louis in 2008 to provide beginning-to-end DNA sequencing, analysis and experimental design solutions to both private and public clients. Using multiple sequencing platforms and in-house bioinformatics, the company provides insightful discoveries to companies in the life sciences, pharmaceutical, agricultural and biofuels industries.

[Office of Missouri Governor Jay Nixon]