Medpace, a clinical contract research organization, is expanding its operations in Cincinnati and has committed to the addition of 1,500 new jobs with an associated payroll of $90 million over the next six years.
Medpace has committed to invest $150 million to expand operations and office capacity at its headquarters in Cincinnati by constructing a new building and parking garage currently planned to span 250,000 square feet of office and 1,000-stall parking spaces. The investment in infrastructure allows Medpace to grow its employment in Ohio by nearly 80 percent and expand operations as a clinical contract research organization.
The State of Ohio, JobsOhio, REDI Cincinnati, and the City of Cincinnati collaborated with Medpace to bring the expansion to Cincinnati.
“The Medpace expansion is a big deal for Ohio and the Cincinnati region,” said Lt. Governor Jon Husted. “This expansion further solidifies the region as a bio-medical leader and serves as a biotech talent magnet for the region as thousands of high-paying careers develop in this sector of the economy.”
Employment opportunities encompass a wide variety of roles, including a heavy focus on STEM talent with physicians, lab technicians, clinical research associates, data analysts, financial analysts, software engineers, and more.