Gov. Jim Justice

CHARLESTON — Gov. Jim Justice announced Wednesday that UNDBIO, a South Korean pharmaceutical company that provides diabetic care solutions, has secured a lease with West Virginia University to build an insulin manufacturing facility in Morgantown.

The company will create 200 jobs within the first three years and will invest $100,000,000 in phase one of the project.

“I am thrilled to make this announcement today and to welcome UNDBIO to Almost Heaven,” Gov. Justice said. “The addition of these good-paying jobs, with the potential for more in the future, is great news for Morgantown and for our entire state. The Morgantown area has a strong manufacturing history and I am proud that UNDBIO will join our growing list of successful, world-leading manufacturing companies who’ve chosen the Mountain State.”

According to the latest information from the American Diabetes Association, 51 million persons in North America have diabetes. It’s estimated that 537 million persons have diabetes around the world.

“The mission of UNDBIO is to develop and produce state-of-the-art insulin in West Virginia,” UNDBIO Chairman Caleb Jun said. “Our products will save human lives and improve the quality of life for those afflicted with diabetes. We are excited to see West Virginia become a mecca for manufacturing highly advanced insulin to treat diabetic patients around the world.”