DEERFIELD — State Senator Julie Morrison applauded Friday’s announcement that Vantive, a kidney care company, will invest $23 million and locate its new U.S. headquarters in Deerfield, bringing 50 new jobs to the area.
“This investment is a massive win for Illinois,” said Morrison (D-Lake Forest). “Not only will this bring good jobs to the region, but it will also support Illinois' continued advancement in the health care industry, ensuring we are able to compete with the best in the business.”
Vantive is the latest recipient of a tax credit through the Senate Democrat-supported Illinois Economic Development for a Growing Economy program. The EDGE program provides annual corporate tax incentives to qualifying businesses that support job creation and capital investment — committing more than $650 million in investments across the state in 2024.
Building on Illinois’ reputation as a global hub for health innovation, biotech, pharmaceuticals and life sciences, Vantive’s Deerfield headquarters will give the company a significant presence in the state, allowing them to expand their mission of supporting patients through home- and clinic-based dialysis, and critical care therapies for kidneys and other vital organs.
“We are proud to continue our legacy of innovation in Deerfield, which has served as an important anchor for our mission-driven work over the last several decades,” said Vantive CEO Chris Toth. “Illinois offers a strong health care ecosystem, a highly skilled workforce and a supportive business environment — all of which provide an ideal foundation for Vantive’s next phase of success. Our new headquarters is designed to inspire collaboration, creativity and excellence as we work to advance our mission to extend lives and expand possibilities for patients globally.”
More information about the EDGE program can be found on the Illinois Department of Commerce and Economic Opportunity’s website.