COLUMBUS, Ohio (WCMH) – A central Ohio biotechnology company that operated facilities in West Jefferson and New Albany has shut down, resulting in the termination of more than 200 employees.
AmplifyBio, a research firm specializing in drug development, permanently shut down earlier this month. A Worker Adjustment and Retraining Notification, or WARN, notice received by the state on April 15 states the company permanently closed and laid off all 212 of its employees on April 4.
Scientists, warehouse supervisors, account managers, IT workers and veterinarians were among the positions affected. The company announced the closure on its website, stating the decision came after months of “tireless efforts” to explore all “investment and acquisition possibilities.”
"It is with deep sadness and gratitude that we announce the closure of AmplifyBio’s operations," the company wrote.
The firm claimed the biotech market has seen a “significant shift" in recent years, leading to scarce investor financing for early-stage biotech firms.
Battelle, a nonprofit Columbus-based research institute, partnered with investors to launch the for-profit biotech firm in 2021. AmplifyBio raised $200 million from investors, including entities such as JD Vance's venture capital fund Narya Capital and Connecticut-based Viking Global Investors.
Chillicothe paper mill will remain open through 2025In 2021, the company’s first facility opened at 1425 Plain-City Georgesville Road in West Jefferson. The following year, the company acquired a facility in South San Francisco. In 2023, it opened a New Albany facility at 9885 Innovation Campus Way.
In December 2024, Fierce Biotech, a news brand focusing on the biotech industry, reported that the company shut down its South San Francisco location, laying off its staff. The publication said the California facility’s operations were being moved to New Albany.
The biotech firm briefly drew criticism in 2022 from Rolling Stone magazine and the animal rights group PETA for its animal testing practices. The backlash came after a monkey at the company's West Jefferson facility escaped its enclosure and got stuck in lab equipment, ultimately resulting in its death, according to a United States Department of Agriculture report. At the time the report was taken, the facility had 120 dogs, 21 rabbits and 168 monkeys in its care.
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