April 2021 Newsletter
Apr 29th, 2021
Gov. Henry McMaster Announces New Economic Development Initiative to Expand Recruitment of
Pharmaceutical Companies, Shore Up Emergency Supply Chains
“This last year has made it very clear that relying on China for life-saving medical supplies is a
risk we can no longer afford, and South Carolina can lead the way when it comes to bringing the
manufacturing of those products back home to the United States,” said Gov. Henry McMaster. “By
successfully recruiting pharmaceutical and medical manufacturing companies to invest and locate
here, we will bring good, high-paying jobs for our people and reliable access to the critical
supplies we may need in an emergency.”
The Department of Commerce will work directly with SCBIO on the new initiative. SC BIO is a
statewide, not-for-profit life sciences and economic development organization formed to promote and
expand South Carolina’s life sciences industry.