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Columbia bio tech start-up to expand, could create 50 jobs in 5 years

The expansion of a bio technology start-up company in Columbia is expected to create 50 new jobs within five years. NanovaBiomaterials, Inc.’s expansion includes $1.5 million in capital investment.

The research and development company uses nanotechnology to manufacture orthopedic and dental products, such as dental fillings and bone screws. Its parent company was founded in 2007 by a group of four researchers, two of whom are from the University of Missouri.

To assist the company with its expansion, the Missouri Department of Economic Development has authorized an economic incentive package that the company can receive if it meets strict job creation and investment criteria.

Harum Helmy started as KBIA's Health and Wealth reporter in January 2013. She has previously worked at the station as a news assistant, helping assign and edit stories by student reporters. Harum grew up in Jakarta, Indonesia and graduated from MU with degrees in journalism and anthropology in 2011. She's trying to finish up an MA in journalism.