One company’s expansion will help create new biotech jobs in Rhode Island.

Neurotech Pharmaceuticals, Inc., a biotechnology company focused on the development of sight-saving therapeutics for chronic retinal diseases, recently announced the opening of a new 27,000-square-foot manufacturing facility in Cumberland, Rhode Island.

“High tech manufacturing in the biotechnology industry is a critical component of our economic development and job growth strategy,” Governor Donald L. Carcieri said in a press release. “I commend Neurotech for their commitment to expand operations and create new job opportunities here in Rhode Island, and am pleased to join the company in this exciting celebration today.” (more…)