Indiana Economic Development Corp. and Economic Development Agencies and Economic Development Incentives and Tax Credits and Job Creation and Government & Economic Development and Economic Development and Health Care & Life Sciences and Health Care & Insurance and Life Science & Biotech

Cancer treatment firm adding 27 jobs in Indianapolis

December 3, 2012

A North Carolina-based maker of cancer-fighting ultrasound machines plans to create 27 jobs at its Indianapolis facility over the next three years.

US HIFU LLC will add positions paying an average of $36 an hour at its offices at 4000 Pendleton Way, on the northeast side of the city along Interstate 465 and near Pendleton Pike.

The jobs are for engineers, researchers and support personnel to help US HIFU make its Sonablate 500 system, which uses "high-intensity and focused ultrasound" to treat cancer with fewer side effects.

US HIFU, founded in 2004, has yet to receive regulatory approval for its technology, but the company is studying it in a U.S. clinical trial for treating prostate cancer and around the world as a potential treatment for other cancers.

"As we continue to hit development and regulatory milestones that bring us closer to the approval and commercialization of HIFU technologies for the treatment of prostate cancer in the United States, we must continually add new talent and expertise to maintain our technology leadership in the HIFU industry," said Mike Klein, CEO of US HIFU, in a prepared statement.

The new jobs were announced Monday morning by the Indiana Economic Development Corp., which promised the company up to $350,000 in conditional tax credits and up to $50,000 in training grants.

Also, the company has applied to Marion County for property tax abatement.

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