San Diego County CA— Local San Diego business Confirm BioSciences, a woman-owned company, was recently named as one of the country’s fastest growing private companies for the fifth consecutive year by Inc Magazine. Confirm BioSciences is one of the growing number of companies that have benefited from Walmart’s 10-year commitment to buy an additional $250 billion in products that support American jobs.
With more than 1,200 life science establishments, San Diego County is one of the top biotech clusters in the U.S., bringing more than 130,000 jobs and nearly $34 billion in economic activity to the region, based on a recently released report by Biocom.
Local dignitaries recognized Confirm BioSciences investment in the community at an event today that included a tour of their facility and meet-and-greet with company leadership and employees. Confirm BioSciences has more than doubled in size from approximately 20 employees to nearly 50 over the past year.
“We applaud companies such as Walmart that provide opportunities for our local businesses to grow and thrive,” said Jerry Sanders, President and CEO of the San Diego Regional Chamber of Commerce. “The Chamber is committed to supporting growth of our local businesses and Walmart’s program is a great example of providing opportunity for anyone, big or small, to make great things happen in our local market and beyond.”
Based on data from Boston Consulting Group, it is estimated that 1 million new U.S. jobs will be created through Walmart’s initiative, including direct manufacturing job growth of approximately 250,000 and indirect job growth of approximately 750,000 in the support and service sectors.
“Our customers have told us that second to price, where products are made influences their purchase decisions,” said Cindi Marsiglio, vice president, U.S. manufacturing, Walmart. “We are focused on buying great quality products that create jobs in communities across the U.S. It makes sense for our customers, our communities and our company.”
About Confirm BioSciences
Confirm BioSciences is the global leader in the field of Lab Testing for Drugs of Abuse and is committed to being on the cutting edge of offering new, service-oriented drug testing technologies. The company manufactures and distributes instant diagnostic tests including urine tests, fertility tests and health tests. For more information please go to https://www.confirmbiosciences.com