KIYATEC Chooses Downtown Greenville for Major Operations Expansion

KIYATEC Chooses Downtown Greenville for Major Operations Expansion




KIYATEC Chooses Downtown Greenville for Major Operations Expansion

Industry Leading Functional Precision Oncology Company Will Anchor New Innovation District

GREENVILLE, S.C.–(BUSINESS WIRE)–KIYATEC is pleased to announce today a significant expansion of its operations at 2 N Main as the first anchor company in downtown Greenville’s new Innovation District. Greenville is already a top choice for growth investments across many industries, offering a highly educated labor force, excellent quality of life, a competitive cost profile and a business-friendly environment. This new Innovation District makes Greenville one of just a handful of U.S. cities to feature life science laboratory facilities with Main Street addresses.

KIYATEC was incorporated in 2005 based on technology spun out of Clemson University and since then has grown to more than 20 employees developing transformative solutions for cancer patients using functional precision oncology. The company established its CLIA-certified laboratory and began clinical studies in 2015 based on its proprietary 3D cell culture technology which grows patient tumor cells ex vivo and tests cancer therapeutic response across up to 12 agents. KIYATEC’s first commercial product, 3D Predict™ Glioma, launched recently with additional precision oncology tests to follow in ovarian, breast, rare tumor and lung cancers. These tests can help inform physician treatment selection for patients based on the evidence of their individual therapeutic response results.

“Securing the capacity required to bring our testing to tens of thousands of cancer patients is a business decision that positions us to win and increases our competitive advantage,” said Chief Executive Officer, Matt Gevaert, PhD. “I see both KIYATEC and Greenville as innovators – we are transforming cancer care and the city is thoughtfully curating one of America’s most vibrant downtown ecosystems, making this initiative a formula for success. With plans to more than triple our workforce in the near future, we are proud to be a part of the growing business and scientific communities here in Greenville and appreciate the on-going support from our community leaders in this exciting new phase of our company’s journey.”

For more information visit: www.kiyatec.com

Contacts

Stacy Chick

609-480-1839

stacy.chick@kiyatec.com