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Reno welcomes new companies in biotech, financial technology sector

A StemExpress lab worker gets a blood sample. The biotech company runs cell manufacturing facilities that help accelerate research and clinical trials.

Reno is adding two more California companies to its fold as the Economic Development Authority of Western Nevada announced the arrival of a growing biotechnology firm and a fledgling financial technology business to the area on Tuesday.

Sacramento-based biotech company StemExpress is expanding to The Biggest Little City after inking a deal for a new 52,000-square-foot facility in Reno. The other company, Bay Area-based PayCertify, is moving its headquarters to Reno altogether as it embarks on an ambitious growth plan for the company.

StemExpress and PayCertify are exactly the kind of businesses that Northern Nevada hopes to attract as the region continues its march toward a more diversified economy that is less reliant on traditional industries such as gaming, said Mike Kazmierski, EDAWN president and CEO.

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