Enable Injections announced today that it committed to increasing jobs and payroll in the Cincinnati, Ohio region.
The company intends to add 257 jobs and nearly $20 million in payroll in Cincinnati by 2027.
Ohio’s Tax Credit Authority Board approved the commitment today. It allows the company to benefit from Ohio’s Job Creation Tax Credit (JCTC) program because of its commitment to the Cincinnati region and the state as a whole.
Enable Injections develops the enFuse, a novel technology for delivering therapies to patients outside of a clinical facility. The company designed the on-body drug delivery platform for subcutaneous drug delivery. It can deliver large volumes reaching up to 50mL at the time and place of the patients’ choosing.
“Enable Injections has experienced strong growth in the Cincinnati area since 2010, developing the enFuse, an innovative drug delivery technology which has the potential to positively impact patient experience worldwide,” said Mike Hooven, president and CEO. “Enable Injections is proud to be established in Cincinnati and is on a clear path to create more high-tech, high-value jobs and opportunities for our city and state of Ohio. We are relentless in our pursuit of transformative and impactful drug delivery technology and in our commitment to expand our presence in the region.”
“A great place to do business”
The company said it not only adds jobs to Cincinnati, but retains 193 jobs and nearly $20.4 million in payroll. The JCTC and pending additional support from JobsOhio could potentially bring in more than $5 million in funding. Enable Injections said this allows it to invest even further in the region.
The State of Ohio, JobsOhio, and REDI Cincinnati all provided support for the project. The company’s growth in the region includes locations in Evendale, West Chester and Franklin.
“Cincinnati is a great place to do business,” said Tim Flaherty, CFO at Enable Injections. “The cost of living and doing business in Ohio are advantageous, especially compared with other parts of the country. The support businesses receive from the Ohio economic development organizations and their incentive programs continue to help Enable Injections develop and thrive with talented staff.”