ViroPharma, a biopharmaceutical company that focuses on rare diseases, will expand its operations in Exton, Penn., and create 151 new, high-paying jobs.
"ViroPharma is a true Pennsylvania success that continues to grow and create jobs in the region," said Tom Corbett, governor of Pennsylania. "What started as a small team of entrepreneurs in Exton has now evolved into an international biopharmaceutical company employing hundreds of Pennsylvanians."
ViroPharma will nearly double its current available space by leasing an additional 71,000 square feet of office space to accommodate planned growth. The expansion will enable the company to retain its existing 188 employees and create at least 151 new jobs within three years.
The company received a $583,000 funding offer from the Department of Community and Economic Development, including a $130,000 Pennsylvania First grant and $453,000 in Job Creation Tax Credits.
"For us it is about growth. ViroPharma has been in Exton for many years and we love our home here," said Vincent J. Milano, president and CEO of ViroPharma. "We're committed to this area for the long-term and look forward to creating opportunities in this community."