Dublin Startup Biosortia Raises Cash and Moves HQ to San Diego for Johnson & Johnson Incubator But Expects to Expand in Ohio as Well

Published: Jan 04, 2016

A startup seeking potential new drugs within blooms of algae has raised $500,000 and is moving its headquarters to San Diego to take part in a business accelerator run by pharmaceutical giant Johnson & Johnson.

"We actually expect to continue to expand in Ohio," founder and interim CEO Ross Youngs said, repeating his pledge made when he hinted at an upcoming move last month.

Dublin-based Biosortia Pharmaceuticals Inc. is keeping its operations facility on the west side of Columbus, where it maintains and improves the field equipment for harvesting algae.

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