Posted: Sep 14, 2013 11:39 PM by KBZK News
Senator Max Baucus brought Japanese Ambassador Kenichiro Sasae to Bozeman on Saturday to unveil the new sign at LigoCyte, a pharmaceutical research company recently purchased by Japanese Takeda Vaccines.
Takeda is one of the top 15 pharmaceutical companies in the United States. LigoCyte Pharmaceuticals is a research company founded in Bozeman. It took off after Chief Scientific Officer Rob Bargatze secured $28 million in private investments from connections made during the 2007 Economic Development Summit.
According to Baucus, Saturday's tour is part of an effort to convince Japan to continue investing and growing the Bozeman facility to support more Montana jobs.
"Our Bozeman researchers are on the cutting-edge of the latest pharmaceutical breakthroughs, and Takeda's investment opens the door for new opportunities for LigoCyte to grow and expand their work in Montana," Baucus said. "We will continue working with Japan to harness Takeda's investment into even more high-paying jobs in Bozeman."
LigoCyte's eventual success attracted the attention of Japanese company Takeda Vaccines which purchased LigoCyte at the end of last year.
Ambassadors from China, Germany, Japan, Peru, and Canada are currently in Montana. They are touring various facilities across the state before heading to Butte for the 6th Economic Development Summit starting Monday, September 16th.