Nanotherapeutics Receives Financing to Complete Construction of New Facility

Nanotherapeutics is one step closer to completing construction of their 180,000 square foot manufacturing facility in Alachua. Earlier in March, the biotech company announced that it had secured $28.5 million in financing from White Oak Global Advisors.  The $135 million facility will occupy 30 acres near Progress Park. 

Nanotherapeutics broke ground on the project in October 2013.  The new facility is expected to create jobs for 150 people with an average salary of $90,000.  The company has already received $500 million in contracts and grants biodefense, infectious disease and influenza products.  Included in this total is a Department of Defense contract to develop and manufacture drugs to treat bioterrorism and radiological threats.  This contract is estimated to be worth as much as $359 million.  

Last year, the company received additional financing in the forms of a $30 million loan from Hercules Technology Growth Capital and an $8 million loan from Trinity Capital Investment.

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Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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