Global biotech company selects Osceola’s NeoCity for cancer treatment efforts
A global biotech firm that develops novel cancer treatments wants to build a facility in NeoCity for its future offices, research and development, and manufacturing.
Osceola County Commissioners are scheduled to vote Monday on a Memorandum of Understanding with Empyrean Medical Systems and its development partner, Concept Companies, for a multi-year expansion in the county’s 500-acre tech district, according to a report in GrowthSpotter. It would be the latest addition to NeoCity, the county’s taxpayer-subsidized effort to attract cutting-edge industries and create higher-paying jobs, diversifying its tourism-based economy.
Empyrean, which is based in Boca Raton, would lease between 1,000 and 5,000 square feet in the OC Building on NeoCity Way in 2025 for the engineering and fabrication of parts for the company’s trademarked Morpheus robotically-assisted, high-beam radiotherapy system. Both Empyrean and MagCorp, its strategic partner on the Morpheus project, would open administrative offices in the county-owned building.