NASHVILLE - Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX), the largest, public biopharmaceutical company founded and headquartered in Tennessee, held a reception in celebration of its new corporate headquarters April 24.
The open house took place in the lobby of the new Broadwest building, with many of Cumberland's partners and friends in attendance. Cumberland also offered tours of the new office space for any guests that were interested.
"We appreciate everyone who was able to join us and celebrate the opening of our new Corporate Headquarters! It was the perfect opportunity to express our appreciation for being part of the Nashville health care community. We enjoyed bringing our friends together for some refreshments, live music and a tour of our new facility," said A.J. Kazimi, CEO of Cumberland Pharmaceuticals.
Located at 1600 West End Ave., Broadwest is a 1.2 million-square-foot urban, mixed-use complex and business park – with office space, high-end condominiums, a luxury hotel and retail space. It includes a 21-story tower with
over 500,000 square feet of corporate space. Additionally, Broadwest has an outdoor tenant amenity space to which Cumberland has access.
Cumberland’s move allows the company to accommodate recent growth and better serve its international base of customers and partners. As a result of the expansion, Cumberland’s organization will grow to over 100 individuals, with a majority of those employed at the company’s Nashville headquarters.
Cumberland has maintained a presence in Nashville since its founding in 1999. As the company works in partnership with prestigious academic institutions, its new headquarters location keeps Cumberland near the nationally recognized Vanderbilt University Medical Center to enable their continued collaboration.
“Our state’s central location, skilled workforce and strong business climate allow Tennessee companies to grow and expand,” said Tennessee Department of Economic and Community Development Commissioner Stuart McWhorter. “I thank Cumberland Pharmaceuticals for creating new opportunities in Middle Tennessee – where it is leading the growth of the life sciences/biopharmaceutical sector. We believe Nashville will continue to be the ideal location for Cumberland’s international headquarters.”