CINCINNATI, Jan. 7, 2019 /PRNewswire/ -- Eccrine Systems, Inc. announced an expansion of its Research and Development capabilities in Cincinnati that will accelerate development of Eccrine's sweat sensor platform, a groundbreaking technology for use in medicine, industry and sport. The company, which currently employs 50, expects to add 50 new jobs over the next three years.
"It's an exciting time to be at Eccrine as we innovate, grow and prepare to launch our first product. We continue to hire engineers, scientists, and clinical researchers for our lab as well as sales, marketing and product development professionals to support our commercial launch and expansion of our pipeline. Southwest Ohio is uniquely positioned to support our growth. This infusion of non-dilutive capital from REDI Cincinnati and JobsOhio accelerates our progress," said Eccrine Systems CEO, Dr. Gavi Begtrup.
Eccrine has steadily expanded its world class IP portfolio focused on sweat and biosensor innovation since its founding in 2013 by UC professor Jason Heikenfeld with assistance and financing from seed investor CincyTech. The company headquarters and laboratory are located in the Hamilton County Business Center. JobsOhio is supporting the expansion with a $400,000 JobsOhio Economic Development Grant.
"Eccrine Systems is an Ohio success story, and we are excited to see it continue to grow and add 50 jobs in Cincinnati," said Aaron Pitts, JobsOhio senior managing director for healthcare. "This expansion will further advance Eccrine's cutting-edge sweat analysis technology that promotes health and provides safer work environments for its customers."
"Eccrine Systems is the real-life story of collaboration in the Greater Cincinnati region," said Kimm Lauterbach, President/CEO of REDI Cincinnati. "REDI Cincinnati and our partners have watched Eccrine Systems grow from seed-stage to a job creator and market leader in an emerging and innovative space. It's rewarding to help fuel this economic growth in our region."
About Eccrine Systems, Inc.
Eccrine Systems is a privately held company dedicated to improving human health, safety, and productivity through the innovation and development of advanced sweat sensing technologies. The Cincinnati-based company was founded in 2013 to commercialize technology and intellectual property that was exclusively licensed from the University of Cincinnati, and with the funding support of CincyTech and its network of local, regional and national investment sources. To learn more, please visit www.eccrine.com.
About REDI Cincinnati
The Regional Economic Development Initiative (REDI) Cincinnati is the first point-of-contact for companies locating or growing in the 15-county region at the heart of Southwest Ohio, Northern Kentucky, and Southeast Indiana. REDI is supported by top business leaders and community partners and staffed by a team of economic development experts who are uniting the Greater Cincinnati region to compete globally.
SOURCE REDI Cincinnati