Shire Gains West Coast Presence with Advanced BioHealing; Looks to Hire 50
Summary
Shire Gains West Coast Presence with Advanced BioHealing; Looks to Hire 50 Xconomy San Diego — After completing its $750 million acquisition of San Diego-based regenerative medicine company Advanced BioHealing (ABH) on June 28th, Irish drug giant Shire (NASDAQ: SHPGY) is going on a minor hiring binge.The company now employs 256 people at its manufacturing and laboratory space on Torrey Pines Mesa where ABH makes Dermagraft patches, which are bio-engineered from human skin cells and used as grafts to treat diabetic foot ulcers.The deal was strategic for Shire in several ways, Rakin told me during a recent interview by phone.While Shire also operates a major site in Switzerland and in the Philadelphia area, Rakin says the company gains a West Coast base with the ABH deal.Now ABH is looking to fill a variety of openings that range from research & development to operations, manufacturing, and warehouse shipping and receiving.