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The Associated Press August 11, 2011, 11:43AM ET

Pharma company plans to create 156 jobs in Ga.

Georgia Gov. Nathan Deal's office has announced that a pharmaceutical firm plans to open a research and development and manufacturing operation in Marietta.

Deal says that Osmotica Pharmaceutical Corp. plans to create 156 jobs over five years. He said in a statement that the plans represent a $20 million investment over the next five years.

Osmotica is a global pharmaceutical company with principal and commercial operations located in the U.S., Argentina and Hungary.

In Marietta, officials say the company will operate in the recently vacated administration and manufacturing buildings of the former Solvay Pharmaceuticals headquarters off Sawyer Road.

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