California biotech firm to build facility in Brooklyn Park Terry Fiedler Star Tribune
Published Sep 28 2001
A California-based biotechnology company, Protein Design Labs Inc., plans to build a $150 million production facility in Brooklyn Park.
Construction will begin next year on a 29-acre site in Brooklyn Park south of Hwy. 610 between Broadway Av. and Winnetka Av. N., company spokesman Jim Goff said Thursday.
The company expects to employ more than 200 people at the site initially, Goff said. The investment in the site would be spread over several years, he added.
Publicly traded Protein Design Labs currently employs about 100 people in a 45,000-square-foot production facility in Plymouth.
Goff said the state of Minnesota has provided some subsidies for the project, but he was unsure of the extent. Officials with the state Department of Trade and Economic Development could not be reached late Thursday afternoon for comment.
Based in Fremont, Calif., Protein Design develops humanized monoclonal antibodies for the prevention and treatment of disease. Its first humanized antibody product, Zenapax, is used for the prevention of kidney transplant rejection and is marketed by Hoffmann-La Roche Inc.
The company extracts antibodies for specific conditions from mice. Those antibodies are then altered, or "humanized," so they won't be rejected by the human body.
Goff said the company is expanding production capacity in anticipation of the production in the next few years of drugs that treat auto-immune and inflammatory conditions, as well as asthma and cancer.
The company earned $4.6 million on revenue of $75 million for the 12 months ended June 30.
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