The company said it chose Lehi because of the city’s central location amid Utah’s major universities, its position as a hub for Utah’s startup and tech community and for its expertise and talent. The headquarters will initially house about 40 people but is expected to reach four or five times that size within three to five years.
Civica Rx was founded to address drug shortages and combat rising medication prices.
“Together we celebrate the reason why Civica Rx exists, in purpose and in brick and mortar, and that is to do what is in the best interest of patients by stabilizing the supply of generic medications,” said Martin VanTrieste, Civica Rx CEO. “Drug shortages strain hospital staff, lead to delayed surgeries and suboptimal treatments for patients, and can lead to unpredictable price increases that result in budgetary instability in hospitals.”
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