NORFOLK, Va. (WAVI) – Virginia Gov. Glen Yangkin has announced that the sports medicine company will expand into the Innovation Research Park at Old Dominion University, creating 92 jobs.
Yangkin’s office announced this through a press release before Yangkin was due to speak at an event with the Norfolk City Department of Economic Development. The future home of Embodi, Inc. will be at 4211 Monarch Vai in the center of the master-planned university village.
Embodies will invest $ 5 million to increase research and development in soft tissue treatment.
“Embody’s growth in the city of Norfolk demonstrates the strength of research and development, higher education resources and talent in the Hampton Roads region, which offers innovative medical technology developers,” Yangkin said in a statement. “We look forward to seeing the far-reaching impact of this Virginia-based local company, advancing the field of sports medicine in our Commonwealth and beyond.”
The announcement comes just months after the ODU was named the prestigious R1 Research University.
“Building Embodi in the Commonwealth of Virginia, and especially in the city of Norfolk, has proven to be an advantage for us,” said Jeff Conroy, founder and CEO of Embodi. “It only makes sense to expand this relationship as we prepare for significant growth. Benefits for us include access to a technical workforce, strong academic and clinical research partners, our DARPA / DOD partners and an investor base dedicated to financing health innovation and breakthroughs. ”
Jon Dowding of WAVI is here waiting for him.