Sekisui Diagnostics to Receive $600,000 from PEI Province
An international bioscience company located in P.E.I. is receiving $600,000 from the province to help create more biotech jobs in P.E.I.
P.E.I. Premier Wade MacLauchlan announced on Friday that Sekisui Diagnostics, which is based in Japan, will see an investment of $400,000 for an expansion of its plant in the West Royalty Business Park. This investment will be recovered through the province’s lease agreement with the company, as the property is owned by the government. In addition, the province will contribute $200,000 in non-repayable funding for the company’s new operations.