Creating 550 new jobs over the next five years
RALEIGH, N.C. – December 13, 2016 – Wake County Economic Development (WCED), the Morrisville Chamber of Commerce, the Town of Morrisville and the Economic Development Partnership of North Carolina (EDPNC), announced today that INC Research, an internationally recognized contract research organization (CRO) that conducts Phase 1 through Phase IV clinical trials on drugs addressing a range of disorders for the biopharmaceutical and medical device industries, has expanded in Morrisville. The Company, which operates in 40 countries around the globe, will add 550 new jobs at their Wake County headquarters over the next five years.
“Wake County and the Research Triangle region is home to one of the largest life science clusters in the world and is recognized as a global hub of life science innovation,” said WCED Executive Director Adrienne Cole. “We are excited to have INC Research, a leading CRO, continue to grow in Wake County.”
The decision to expand in Wake County resulted from months of ongoing collaboration between INC Research, WCED, Wake County, the Town of Morrisville, the Morrisville Chamber of Commerce, Wake Tech Community College, the North Carolina Biotech Center and the EDPNC.
The Research Triangle region’s impressive critical mass of life science companies and support resources ensures that Wake County’s leadership position in the life science industry will strengthen over the coming years.To learn more about the life science industry in Wake County and the Research Triangle, please visit WCED’s website: http://raleigh-wake.org/target-industries/life-sciences.
About INC Research
INC Research (Nasdaq:INCR) is a leading global contract research organization ("CRO") providing the full range of Phase I to Phase IV clinical development services for the biopharmaceutical and medical device industries. Leveraging the breadth of our service offerings and the depth of our therapeutic expertise across multiple patient populations, INC Research connects customers, clinical research sites and patients to accelerate the delivery of new medicines to market. The Company was named “Best Contract Research Organization” in December 2015 by an independent panel for Scrip Intelligence, and ranked “Top CRO to Work With” among large global CROs in the 2015 CenterWatch Global Investigative Site Relationship Survey. INC Research is headquartered in Morrisville, NC, with operations across six continents and experience spanning more than 110 countries. For more information, please visit www.incresearch.com and connect with us on LinkedIn and Twitter @inc_research.
About Wake County Economic Development (WCED)
Wake County Economic Development (WCED), a program of the Greater Raleigh Chamber of Commerce, is the primary economic development organization for Wake County providing economic development support for its 12 municipalities. WCED hosts clients evaluating Wake County for possible facility locations each year and facilitates corporate expansions, resulting in new jobs and capital investment for Raleigh and Wake County. For more information about WCED, visit www.raleigh-wake.org.