Panaceutics, a manufacturer of personalized medical and nutritional products based in North Carolina's Research Triangle Park, will invest $5.8 million to establish a research and development and high-tech manufacturing facility in Pittsylvania County.
The facility in Pittsylvania’s Ringgold East Industrial Park is expected to create 70 jobs.
Virginia successfully competed against North Carolina for the project.
Panaceutics focuses on nutraceuticals and food products through a small batch manufacturing platform technology.
