Ampio leases new facility in Denver Tech Center

December 16, 2013

Ampio Pharmaceuticals announced the ten-year lease of a multi-purpose facility located in the Denver Tech Center of Colorado. Renovation, beginning in early 2014, will provide commercial scale, FDA compliant, State-of-the Art, GMP manufacturing of Ampion and an advanced Research and Development Laboratory as well as sufficient office space to consolidate all operations of the company in a single facility. These renovations will require approximately $7M in capital expenditures previously accounted for. The company said "The facility renovation is scheduled to begin in the 1Q14 and is expected to be completed in the summer of 2014."