Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(116,812 posts)
Sun Dec 1, 2019, 01:22 AM Dec 2019

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

Latest Discussions»Region Forums»North Carolina»Clinical research company...