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A LAKE WORTH BEACH PHARMACEUTICALS COMPANY PLANS $8 MILLION EXPANSION

LAKE WORTH BEACH — Capzer Pharmaceuticals, a testing and development laboratory that has been in Lake Worth Beach for nine years, is planning an $8 million expansion into manufacturing.

“We’ve been wanting to do this for a while now,” Abdul Naim, the company’s president and chief executive officer, said. “We can see everybody is outsourcing and we want people to outsource our company.”

The company will create 10 new jobs in a year with an average annual salary between $70,000 to $80,000, Naim said.

Palm Beach Post

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