will relocate its corporate headquarters to Cambridge, MA from Laguna Niguel, CA. The move is integral to Inspiration’s plan to accommodate its anticipated future staffing and facility needs as the company transitions to product commercialization.
John P. Butler, chief executive officer of Inspiration, commented, “The Boston metro area has always been a center for growth and innovation in the biopharmaceutical industry. As we move toward the launch of Inspiration’s first products, including IB1001, our recombinant factor IX product for hemophilia B, it is the perfect location to establish our corporate office. We expect the close proximity to some of the leading academic and research institutions will help attract top talent as we continue to build a world-class company focused on improving the life of individuals with hemophilia.”
Inspiration’s new location at One Kendall Square. One Kendall Square is in the heart of Cambridge’s life-sciences community. Since its inception, this address has served as headquarters for many early-stage to mid-tier companies, including a number that have gone on to develop blockbuster drugs and employ thousands of workers in Greater Boston. The office and research park is situated on nine acres.