HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Places » U.S. » North Carolina (Group) » Clinical research company...

Sun Dec 1, 2019, 02:22 AM

Clinical research company plans 749-job expansion in Durham after landing incentives

RESEARCH TRIANGLE PARK -- A clinical research company is planning a two-part expansion in Durham County after landing an incentive package potentially worth nearly $10 million from the state.

Q2 Solutions, a joint venture between IQVIA — formerly known as Quintiles — and Quest Diagnostics, will create 749 jobs in Durham County over the next eight years, according to the N.C. Commerce Department.

Q2, referred to as Q-squared, will invest $73 million in the county as it plans to expand its laboratory space there. The company, whose global headquarters is currently in Morrisville, runs clinical trials for biotechnology companies, specifically focusing on genomic testing, a rapidly growing part of the field.

With its planned investment, the company will be shifting its headquarters and lab operations to a new facility in RTP, company CEO Brian O’Dwyer said in an interview.

Read more: https://www.heraldsun.com/news/business/article237830144.html

0 replies, 365 views

Reply to this thread

Back to top Alert abuse

Reply to this thread