CRO

Veristat expands into North Carolina research homeland

Massachusetts-based CRO Veristat is looking to align itself with some of the world’s biggest CROs in the research services homeland of North Carolina.

The company said that it will continue its “accelerated growth and geographic expansion” with the opening of the office in Raleigh-Durham, NC, by fall of this year.

The company will follow in the footsteps of INC Research ($INCR) and Quintiles ($Q), among many other major research companies, who have set up shop in the U.S. R&D services hub.  

Veristat already has a number of North American-based offices in Southborough, MA; Cambridge, MA; San Bruno, CA; and Montreal, Canada, as well as its European office in Glasgow, U.K.

The new NC office will support the company’s recent growth by providing local support to its clients in the area, the company said. Last month, the CRO bought the U.K.-based cancer research org Spero Oncology for an undisclosed fee, bolstering its own cancer offering and European footprint.

“Veristat has hired many talented clinical research professionals in North Carolina,” said Patrick Flanagan, CEO of Veristat, in a statement.

“The Raleigh-Durham area has a population that includes a very experienced and professional CRO community. We have hired and will continue to hire very talented individuals to grow our team of biometrics and clinical operations professionals. Having a local office will facilitate the expansion of our team and allow us to better serve the clinical development needs of our clients.”

- check out the release

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