Archimedes, Inc. Plans Bedminster Expansion, Will Create 75 New Jobs in Next Two Years

New Jersey New Moon -- Archimedes Pharma, a British international pharmaceutical company, has finalized a Business Employment Incentive Program (BEIP) grant worth an estimated $2.1 million over ten years from the state Economic Development Authority to support its growth in Bedminster. The company established its first United States offices in Bedminster last year, and cited state incentives as a major factor to choosing New Jersey over locations in Pennsylvania and New York.

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