Medical Device Manufacturer Announces Plans to Locate Headquarters and Manufacturing in Ocala
It was announced today that Apollo Renal Therapeutics, LLC, a medical device manufacturer, and Artemis Plastics, LLC, Apollo’s contract manufacturing division, are planning to establish their North American headquarters and manufacturing in Marion County pending the successful completion of the project specifics. Once finalized, they will immediately hire 16 employees, with plans to create at least five new positions over the next year.
“Apollo Renal Therapeutics is thrilled to have found a home in Ocala, Florida. We look forward to working with the dedicated staff and community as we expand the current contract manufacturing business, as well as, introduce new proprietary products.” said Gary Mishkin, President of Apollo Renal Therapeutics, LLC. “There are so many great opportunities in Florida and the close proximity to Florida’s ports will enhance our ease of exports. We look forward to completing this transaction in the very near future”.
Apollo Renal Therapeutics, LLC was created to commercialize novel proprietary products that enhance patient care. One such venture is a new artificial kidney (dialyzer) to treat kidney failure. The development of the dialyzer has been funded by the National of Institutes of Health as a Small Business Technology Transfer grant, in conjunction with the Washington, DC, VA Medical Center. In the US, more than 350,000 patients rely on kidney dialysis to survive and this new device is designed to increase efficiency compared to existing therapies. In addition to commercializing the new dialysis device, Apollo Renal Therapeutics, LLC has a number of projects in various stages of development.
Artemis Plastics, LLC, the contract manufacturing division, will continue to serve the customers of the former Clairson Plastics company, which includes retail, industrial and medical device injection molding and assembly. The company also plans to expand their contract manufacturing services to other companies with plastic injection molding needs.
“Over the past year, we have developed a very strong working relationship with them and are providing fee-free services tailored to meet their employment needs,” said Brenda Chrisman, chief business development officer for CareerSource Citrus Levy Marion. In addition to posting jobs and screening, assessing and referring candidates, Chrisman said the workforce organization is developing options for On-the-Job Training grants to assist with new hires and Custom Business Training grants to upgrade skills of current employees.
The company is one of the first participants in the City of Ocala’s new Small Business Investment Program. The program provides a rebate of certain expenses to qualifying companies which create jobs which pay 125% of the Marion County average wage.
“The city partnership with the Ocala/Marion County CEP has resulted in the city awarding a Small Business Investment Program grant to Apollo Renal Therapeutics, LLC” said Ocala City Council President, John McLeod. “We are eager to welcome this new business to our community.”
The addition of ART to the community represents the second medical device manufacturer to locate in Marion County this year. The community now has nearly ten medical device companies headquartered and/or manufacturing here.
“Marion County continues to set the pace with a growing portfolio of specialized economic enterprises,” said Marion County Commission Chairman Carl Zalak III. “Apollo Renal Therapeutics, with its specialized medical device manufacturing jobs, will certainly add to the growth and the promising potential of this industry within our region.”← Back