JUPITER GAINS FIRST-OF-ITS-KIND LIFE SCIENCE ACCELERATOR

February 6, 2019 – JUPITER, FL – The Business Development Board of Palm Beach County (BDB) and the Town of Jupiter are pleased to announce the relocation of Beacon Pharmaceutical (beaconpharmaceutical.com), a focused early-stage life sciences firm, to Jupiter.  As part of Beacon’s move to Jupiter, the company will build a state-of-the-art life sciences accelerator and biologics synthesis facility to support up to 50 companies in which the firm plans investments. This new headquarters will be a building up to 200,000 sq. ft. in Jupiter, creating an estimated more than 137 new jobs with a capital investment of approximately $80 million.  Beacon Pharmaceutical originally planned to house the project in New York City.  Through proactive outreach by the BDB, Beacon Pharmaceutical decided to consider Palm Beach County.

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