Pharmaceutical company expands in Overland Park

Parnell Pharmaceuticals opened for trading on the NASDAQ stock market in June 2014. | The NASDAQ OMX Group
Parnell Veterinary Pharmaceuticals opened for trading on the NASDAQ stock market in June. | The NASDAQ OMX Group

Parnell Inc. announced it will add 32 new jobs at its Overland Park, Kan., headquarters, increasing its number of U.S. employees to 95 during the next year. The global veterinary pharmaceutical company established its North American headquarters in the Kansas City Animal Health Corridor in 2013 after receiving a $400,000 grant from the Kansas Bioscience Authority.

The company also recently undertook a debt refinancing plan and began the process of an initial public offering to raise money for future growth. Parnell markets five products for companion animals and livestock and has seven new drugs in development.

Read more from the Kansas City Business Journal


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