A New-York based technology company is moving its headquarters to Orlando. The new business called SMRxT  specializes in sensors that tell patients when to take their medication—and how much to take.

The move is part of the Orlando Economic Development Commission’s plan to attract more tech businesses to the area.

Dave Porter, senior vice president of the commission, says it took a year to secure SMRxT's move with help from partners like IQ Orlando, which is dedicated to bringing life science and health care-related businesses to Orlando.

“These things aren’t easy. Competition for these types of projects is fierce. And so, we’re very fortunate to land a technology company like this in life sciences.”

The company has 10 employees, but plans to add 55 more jobs by the end of 2017 when its manufacturing operations will be fully moved to Orlando. SMRxT's president Mike Huffer is expecting to cut costs nearly 40 percent.

“To get a life science company like this to come here will have a big impact and probably attract other life science companies to notice Orlando as a place to do business," says Porter.

He adds that the Orlando Economic Development Commission is working to attract other tech companies in aerospace, defense, and advanced manufacturing.

Orlando approved its part of two tax packages to bring 100 jobs to Orlando. And one seeks to solve an age-old problem: Patients not taking their pills.

SMRxT Inc. – pronounced Smart X Inc. – could move its headquarters from New York to Orlando.

The company is testing a smart pill bottle to tell doctors in real-time if patients have stopped taking a prescription.

Only about half of patients who get a prescription for high blood pressure medication keep taking the drugs, according to the Centers for Disease Control and Prevention.

Nationwide, 125,000 people die every year from not taking their medications, and it costs the health care system more than $100 billion per year.

Orlando also approved a tax package to bring Ruby Tuesday to Orlando.

“And the diversity of these types of companies who want to relocate to Orlando speaks well for our talented workforce, quality of life and our business friendly environment,” Orlando Mayor Buddy Dyer said.

SMRxT is pilot testing with Florida Hospital. In total, it’s seeking a $330,000 incentive package from the state to create 55 high-paying jobs.

Ruby Tuesday is seeking a $315,000 package to create 45 high-paying jobs.

Orlando Commissioner Jim Gray voted for the incentives.

“Always important to me, those are businesses that have chosen, or we hope will choose to invest their time and capital in the city,” Gray said.