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Case Study: Indica Labs

26 Oct, 2018

Indica Labs

Indica Labs provides software for quantitative evaluation of pathology images.  Indica creates a broad range of industry leading tissue-specific image analysis algorithms can be used in a variety of truly integrated digital pathology environments, allowing pharmaceutical, healthcare, and research organizations worldwide to apply high-throughput image quantification in areas such as neuroscience, metabolism, oncology, toxicological pathology, and more.

The company announced an expansion of 58 new jobs in September 2018.  Indica is investing $3 million in its new headquarters location in Albuquerque.  

Nearly all of the company’s internships, junior to mid-level scientific positions and technical positions, are filled by recent University of New Mexico or New Mexico Tech graduates.

Economic Development Toolbox

  • State LEDA investment of $600,000
  • JTIP commitment of $220,294.32 for 11 jobs (as of October 2018)
"In recent years, Indica has become an industry-leader in analytical software...... The LEDA funding will hlep support our anticipated growth in this field as well as our continued investment in the local economy and workforce."
Steven Hashagen, CEO
Why New Mexico