STOCK TITAN

IQVIA Announces Opening of New Q² Solutions Innovation Laboratories in North Carolina, Creating New Jobs and Expanded Capabilities

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

IQVIA has announced the opening of a 160,000-square-foot facility for its Q2 Solutions subsidiary in Research Triangle Park, North Carolina. This state-of-the-art lab will create up to 750 jobs over the next decade. The facility features advanced laboratory capabilities, including biomarker and genomics laboratories, and a Translational Science and Innovation Laboratory (TSAIL) to enhance drug development. These innovations aim to streamline R&D for biopharmaceutical companies, supporting faster drug development processes.

Positive
  • Opening a new 160,000-square-foot lab facility expected to create up to 750 jobs.
  • Features advanced laboratory capabilities, including biomarker and genomics laboratories.
  • The Translational Science and Innovation Laboratory (TSAIL) will aid early-stage R&D.
Negative
  • None.

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- IQVIA™, a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry, today announced the opening of a state-of-the-art, 160,000-square-foot lab facility for its Q2 Solutions subsidiary. These custom-designed laboratory spaces will be known as Q2 Solutions Innovation Laboratories and are located on the new IQVIA Innovation Park Campus in the heart of the dynamic Research Triangle Park in North Carolina. Through a collaboration with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina, IQVIA anticipates that this new facility will create up to 750 new jobs in North Carolina over the next 10 years.

The new facility has an innovative suite of laboratory capabilities, including cutting edge bioanalytical, vaccine, biomarker and genomics laboratories. The site is also home to a new Translational Science and Innovation Laboratory (TSAIL). TSAIL will allow customers to access a broad range of services including a cross-disciplined approach to early-stage Research & Development and exploratory human biomarker activities. This will enable biopharmaceutical companies to accelerate drug development.

“The new Innovation Laboratories will provide a state-of-the-art solution to the industry with multiple laboratory disciplines under one roof for biomarker development and delivery,” said Richard Staub, president, R&D Solutions, IQVIA. “The growing need for advanced laboratory capabilities spanning biomarker discovery through next generation vaccine, genomic, and bioanalytical sciences requires the laboratory industry to adapt. Our Innovation Laboratories are designed to fast track the drug development process and provide the agility and range of laboratory sciences under one roof that the industry requires.”

To support this growth and continued expansion, Q2 Solutions has begun recruiting for a range of new positions, including many specialized scientific and operational roles, uniting scientific thought leaders from anatomic pathology, flow cytometry, genomics, vaccine development, and bioanalytical services under one roof.

If you are interested in learning more about how you can turn hope into help, please visit the Q2 Solutions careers page to find the next role in your career journey.

About Q2 Solutions
Q2 Solutions is a leading global clinical trial laboratory services organization providing comprehensive testing, project management, supply chain, biorepository, biospecimen and consent tracking solutions. Leveraging our next generation technologies, we deliver agile and precise services designed to meet the diverse needs of our clients. We provide scientific expertise and innovative solutions for ADME, bioanalytical, genomics, vaccines and central laboratory services, including flow cytometry, anatomic pathology, immunoassay, molecular and companion diagnostics, with meticulous regional and global clinical trial implementation support and high-quality data delivery. At Q2 Solutions, our work is rooted in research, grounded in collaboration, and guided by our passion to turn the hope of patients and caregivers around the world into the help they need. To learn more, visit www.q2labsolutions.com.

About IQVIA
IQVIA (NYSE:IQV) is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry. IQVIA creates intelligent connections across all aspects of healthcare through its analytics, transformative technology, big data resources and extensive domain expertise. IQVIA Connected Intelligence™ delivers powerful insights with speed and agility — enabling customers to accelerate the clinical development and commercialization of innovative medical treatments that improve healthcare outcomes for patients. With approximately 74,000 employees, IQVIA conducts operations in more than 100 countries.

IQVIA is a global leader in protecting individual patient privacy. The company uses a wide variety of privacy-enhancing technologies and safeguards to protect individual privacy while generating and analyzing information on a scale that helps healthcare stakeholders identify disease patterns and correlate with the precise treatment path and therapy needed for better outcomes. IQVIA’s insights and execution capabilities help biotech, medical device and pharmaceutical companies, medical researchers, government agencies, payers and other healthcare stakeholders tap into a deeper understanding of diseases, human behaviors and scientific advances, in an effort to advance their path toward cures. To learn more, visit www.iqvia.com.

Nick Childs, IQVIA Investor Relations (Nchilds@us.imshealth.com)

+1.973.316.3828

Tor Constantino, IQVIA Media Relations (tor.constantino@iqvia.com)

+1.484.567.6732

Source: IQVIA

FAQ

What is the purpose of the new IQVIA lab facility in North Carolina?

The new IQVIA lab facility aims to enhance drug development processes by providing advanced laboratory capabilities for biomarker and genomics research.

How many jobs will the IQVIA lab facility create?

The IQVIA lab facility is expected to create up to 750 jobs over the next 10 years.

What technologies will the new IQVIA lab facility include?

The new lab facility will include bioanalytical, vaccine, biomarker, and genomics laboratories.

When was the IQVIA lab facility opened?

The IQVIA lab facility was announced and opened as of the press release date.

What subsidiary operates the new lab facility opened by IQVIA?

The new lab facility is operated by IQVIA's subsidiary, Q2 Solutions.

IQVIA Holdings Inc.

NYSE:IQV

IQV Rankings

IQV Latest News

IQV Stock Data

35.96B
179.82M
0.92%
94.4%
1.44%
Diagnostics & Research
Services-commercial Physical & Biological Research
Link
United States of America
DURHAM