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Kansas Officials Announce
Agreement for Bioprocessing Facility in Junction City Junction City, Kan. – September 29, 2006 - Kansas state officials announced Friday the signing of an agreement that will bring a bioprocessing facility for plant-made pharmaceuticals to Junction City. State officials said the opening of the plant by Ventria Bioscience of Sacramento, Calif., is a significant advancement in Kansas’ involvement in bioscience. “Agriculture has long been the backbone of the Kansas economy, so it’s appropriate we would embrace this opportunity to make the most of scientific advances in plant-made pharmaceuticals,” said Kansas Governor Kathleen Sebelius in a statement. “I welcome Ventria Bioscience to Kansas and look forward to their contributions to the health of children worldwide.” Ventria is developing products that enhance human health. A recent clinical study showed that Ventria’s product helped reduce the duration of diarrhea in children by 30 percent, from 5.2 days to 3.7 days, as part of an oral rehydration solution. Childhood diarrhea is the second leading killer of children, claiming 1.9 million lives annually according to the World Health Organization. The facility, to be located in Junction City, will process a variety of rice developed by Ventria. Proteins extracted from the rice will be incorporated into oral rehydration solutions to address childhood diarrhea. Ventria is also developing other products using these proteins. The rice itself is then discarded. Junction City led the effort to attract Ventria to Kansas. “The bioprocessing facility is an exciting opportunity for new jobs in Junction City and is expected to contribute $40 million to the Kansas economy by the time it is fully operational,” said Junction City Mayor Terry Heldstab. Farmers are expected to be among the project’s major beneficiaries, as those who grow the rice that supplies the facility can earn a premium compared to their next most lucrative crop, said Kansas Agriculture Secretary Adrian Polansky. “This is as an important development for Kansas farmers, who stand to benefit from the additional income,” he said. “They also have the satisfaction of knowing they are helping provide affordable healthcare products to children who desperately need it.”
“The new bioprocessing facility in Junction City will provide the infrastructure to deliver affordable healthcare solutions on a global basis to those who need it most,” said Deeter. “In working with Kansas to choose this location, we have been extremely impressed by the state’s clear commitment to biotechnology, its support of the growing field of plant-made pharmaceuticals, and its understanding of how this field will improve healthcare for all.” The effort to attract Ventria to Kansas involved a number of players, including Governor Kathleen Sebelius, Secretary of Agriculture Adrian Polansky, the Kansas Department of Commerce, Junction City and Geary County, Kansas Technology Enterprise Corporation (KTEC), KansasBIO, Kansas State University and Kansas Farm Bureau. “This announcement today is very satisfying, as KTEC and
our partners have worked for over a year to bring Ventria’s
operation to Kansas,” said Tracy Taylor, President and CEO
of KTEC. “Strategically, Ventria provides an outstanding
opportunity for Kansas, given our agricultural strengths and focus
on the biosciences.” For more information on plant-made pharmaceuticals visit: For more information on the announcement contact: Statements in this announcement other than historical data and information constitute forward looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. Potential risks and uncertainties may include, but are not limited to, recent changes in senior management, fluctuations in operating results, market conditions and changes in technology and increased competition. |
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