Aerocrine, a Swedish medical technology company, opened its new U.S. headquarters in Morrisville on Thursday.
The company, which has 65 employees in the U.S., announced in March that it was relocating to Morrisville from New Jersey. It expects to create 45 jobs over the next three years and invest $219,000 in its Wake County offices.
Aerocrine is eligible to receive $50,000 from the One North Carolina Fund if it meets hiring and investment targets.
The 15-year-old company focuses on improving the treatment of patients with airway diseases such as asthma. It has developed a breath test that measures inflammation of the lungs.
Aerocrine's device has so far had a low rate of acceptance in this country because most private insurance plans don't cover it, and only about 31 states cover it for Medicaid patients. The procedure is covered by Medicare.