Scienceuticals expands Charleston area operations

For Immediate Release
August 8, 2006

Scienceuticals, Inc., a fast-growing developer and manufacturer of skin care and cosmetics products, has expanded its Charleston area operations to a 24,000-square-foot facility in Dorchester County’s Eastport Industrial Park. The facility will house the company’s research, development, manufacturing and distribution operations.

According to company officials, the region’s transportation infrastructure, skilled workforce and attractive lifestyle amenities were key factors in their decision to remain and grow in the Charleston area. “We source our raw ingredients from all over the world, and we also market our services on a global basis,” said Don Hayden, President of Scienceuticals. “In Charleston, we not only have easy access to global markets, but we can also draw from a deep pool of talented chemists and technicians who are attracted to the Charleston lifestyle.” The company plans to invest $1.6 million and create up to 40 new jobs over the next three years.

Headquartered in New York City, Scienceuticals provides custom development, formulation, manufacturing and distribution services to the global cosmetic and pharmaceutical industries. Its customers include some of the world’s largest skin care and cosmetic companies, plus a growing number of pharmaceutical companies. Currently, 40% of its business comes from outside the United States.

“Customers around the world have recognized Scienceuticals’ commitment to quality,” said Hayden. “Our expansion in Charleston will not only provide more capacity to meet the greater demands of our markets, but also additional R&D capabilities to leverage global advances in biotechnology.”

William A. Finn, Chairman of the Charleston Regional Development Alliance, welcomed the news of Scienceuticals’ local expansion. “This is wonderful news for our region’s emerging biosciences cluster,” he said. “For those of us who work and live here, it comes as no surprise that our lifestyle amenities played such a key role in this competitive expansion. It is this very asset that continues to not only attract, but retain talented workers in our three-county area.”

Dorchester County also celebrated Scienceuticals’ decision to expand in the region. “Our county is always excited when we can help a small company in the Charleston region expand and grow. The selection of this building by Scienceuticals provides further evidence that our state, region and county are well positioned to meet the needs of growing firms in the future. We welcome this expanding company with open arms, and give it our pledge to always be available to assist when needed,” said Dorchester County Council Chairman Walter H. “Skip” Elliott.

“The Economic Development Board is happy to learn that Scienceuticals is planning to expand here. With its plans to grow to about 40 people, this company is ideally suited for our county’s niche,” added George Tupper, Chairman of the county’s Economic Development Board.

About Scienceuticals
Scienceuticals is a full service custom manufacturer producing cosmetics, skin care products, toiletries and health and beauty products. The company offers research and development, formulation services and testing by experienced chemists. By linking its commands of chemistry and contract manufacturing to a thorough understanding of the cosmetics and skin care industry, the company helps customers seize opportunities, build brands and grow profits. For details, visit www.scienceuticals.com.

About the Charleston Regional Development Alliance
The Charleston Regional Development Alliance represents Berkeley, Charleston and Dorchester counties with a mission to create improved opportunities for all residents within this three-county region. Working with a statewide network of allies, the Alliance markets Charleston to the world as a preferred location for business, and helps to facilitate new investment within the three-county area. To learn more, go to www.charleston-for-business.com.

Scienceuticals Contact
Don Hayden, President
212-672-1963
[email protected]

Alliance Media Contact
Karen Kuchenbecker
843-760-4534
[email protected]

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