Lightwave Logic Expands Laboratory To Bolster EO Polymer Production
Portfolio Pulse from Lekha Gupta
Lightwave Logic Inc (NASDAQ:LWLG) has expanded its corporate facility in Englewood, Colorado by 10,000 square feet, increasing the total size by over 65%. The expansion will support commercial device testing, production reliability testing, and the expansion of the chemical synthesis production line. The company's headcount will increase to 33. The expansion will support commercial material supply and license agreements, such as the recent agreement to provide Perkinamine® chromophore materials for polymer-based photonic devices and photonic integrated circuits.
August 21, 2023 | 2:48 pm
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Lightwave Logic's expansion of its corporate facility will increase its production capabilities and support commercial activity. This could potentially attract more business and increase revenues.
The expansion of Lightwave Logic's corporate facility will increase its production capabilities, allowing it to support more commercial activity. This could potentially attract more business and increase revenues, which would likely have a positive impact on its stock price.
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