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admin 17.04.2014

Recent data demonstrates promising results with antibody-based immunostimulatory therapy in treating melanoma, renal cell carcinoma, and non-small cell lung cancer. Cancer Treatment Centers of America is moving its national headquarters to Boca Raton from suburban Chicago, the Boca Raton Tribune has learned. The decision to relocate to Boca Raton was based on the “favorable business climate,” closeness to three airports, and other factors determined to be helping allow CTCA accelerate investment in talent, technology and other resources, according to a news release from Gov. Illinois officials “made a pretty aggressive offer” to keep CTCA’s headquarters in the state, said Dave Roeder, spokesman for the Illinois Department of Commerce. The sweeteners Illinois offered the company include an income tax break through its Economic Development for a Growing Economy, or EDGE, program which offers corporate income tax breaks based on a percentage of personal income tax returns it could expect from the retained jobs.


Roeder noted that the Illinois Health Facilities and Services Review Board recently approved an $84 million 168,000-square-foot patient tower at the CTCA’s Midwestern Regional Medical Center, a 73-bed hospital in Zion. Licence: Creative commons attribution license, Please check author page for more information. Data has also shown synergetic effects of utilizing anti-cancer therapy in combination with immunostimulatory therapy. PembroMab will build upon this data, extending treatment options to additional cancer types.
CTCA will utilize a combination of monoclonal antibody therapy with immunostimulatory therapy with a focus on several cancer types currently not being targeted elsewhere,” said Jiaxin Niu, Medical Oncologist, CTCA at Western. CTCA has yet to choose an exact location in Boca Raton, and no date has been given for when the company will move.


A recent Modern Healthcare investigation found that three of these facilities were among the nation’s leaders in receiving Medicare supplemental “outlier” payments that are based on hospital retail prices as opposed to standard Medicare payments.



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