After receiving and rejecting four buyout offers in five years, Solid State Pharma is moving to bigger facilities on the Halifax waterfront and planning a hiring binge.
The company has outgrown its offices at the Innovacorp Enterprise Centre, and will move later this year to a new location near the Brewery facility. The Atlantic Canada Opportunities Agency is lending the company $700,000 through the Regional Economic Growth through Innovation (REGI) program to finance the expansion.
Founded by CEO Mahmoud Mirmehrabi, the life sciences company has developed expertise at converting liquid