Medco to open cancer center, add 160 jobs-WEB ONLY

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Medco Health Solutions Inc. plans to add another 160 jobs at its automated pharmacy in Whitestown, state officials announced this morning.

The New Jersey-based drug distribution company will open a new center in October focused exclusively on cancer patients. The center will be part of the 452,000-square-foot distribution center Medco is building at AllPoints at Anson in Boone County.

Medco already planned to employ 1,300 people there by 2012. Now it says its Whitestown work force will top 1,400. The staff also will conduct personalized medicine research studies.

Medco will invest $17.3 million in its cancer center, which it calls an oncology therapeutic resource center.

“The oncology TRC in Indiana will be home to specialist pharmacists who will work with physicians nationwide as they treat the more than 1 million Medco members living with this condition,” Medco President Kenneth Klepper said in a statement.

The Indiana Economic Development Corporation offered Medco up to $3.3 million in performance-based tax credits and up to $300,000 in training grants based on the company’s job-creation plans. Indy Partnership, BioCrossroads and the Boone County Economic Development Corp. coordinated central Indiana’s pursuit of the Medco facility expansion.

“Medco’s addition of such an important research center will add to [Indiana’s] strength and is a testament to our robust and diverse life sciences sector,” said David Johnson, CEO of BioCrossroads, in a statement.

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