Wednesday, January 15, 2014

Wall St Jrnl: 'Ampio Pharmaceuticals Breaks Ground on Construction of Ampion(TM) Manufacturing Facility'

Quoting from the January 15th posting:

"Ampio Pharmaceuticals, Inc. (NYSE MKT: AMPE) held a groundbreaking ceremony on Friday, January 10th to announce the start of construction of its new state-of-the-art manufacturing facility for its lead drug candidate, Ampion (TM), for the treatment of patients afflicted with osteoarthritis of the knee. Located in the Denver Metro area, the facility is expected to be ready for production of Ampion (TM) in the summer of 2014 and should generate approximately 40 new jobs in the next two years...

...April Giles, President and CEO, Colorado BioScience Association remarked 'We congratulate Ampio Pharmaceuticals on their decision to locate their new manufacturing facility in the Denver Tech Center. Ampio Pharmaceutical's decision to grow their company in Colorado and to focus on innovative methods of treating patient's with debilitating medical conditions has served the company and the community well.'"

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