OCT USA Inc. set to open Cambridge office
December 3, 2008 05:52 PM
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OCT USA Inc., the US division of a South Korean life sciences company, plans to open a new office in Cambridge tomorrow.
The company said it will hire about 30 scientists in Cambridge over the next three years and invest $8 million to $10 million in the new location at One Kendall Square.
Oct USA is working to help develop new drugs to treat bone disease and determine which patients are likely to respond best to specific treatments.
(By Todd Wallack, Globe staff)
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