Advanced Cell seeks U.S. headquarters in Bedford; select board places TIF warrant article
Advanced Cell, an Australian radiopharmaceutical company, told the select board it seeks a roughly 100,000-square-foot U.S. GMP manufacturing headquarters in Bedford that would create 100+ jobs and require about $50 million of private investment; the board voted 5-0 to place a TIF warrant article on the Nov. 3 special town meeting.
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Advanced Cell representatives told the Bedford Select Board on Oct. 14 that the Australian radiopharmaceutical company is pursuing a U.S. headquarters and GMP manufacturing facility on Middlesex Turnpike and asked the town to place a tax-increment financing (TIF) warrant article on the Nov. 3 special town meeting.
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