Quintiles Transnational Corp. recently announced that it will expand its presence in Cobb County, Ga., which will become its headquarters for worldwide laboratory operations. Quintiles, one of the world’s leading pharmaceutical development companies, will invest $19 million in the expansion, retaining 450 jobs and creating 400 new high-level ones through 2011.

Quintiles will consolidate its Global Central Laboratories in Smyrna and its Clinical Development Services (CDS) office in Atlanta within a single structure in Marietta, more than doubling its current space to accommodate the expansion. Renovation of the former AT&T building located at Terrell Mill Road and Interstate 75 is expected to begin in August 2007.

The first groups of employees are scheduled to move during the second quarter of 2008.

“The increasing demand for our CDS and laboratory services is driving us to expand existing operations and open new ones around the world,” said Dennis Gillings, CBE, Chairman and CEO of Quintiles Transnational. “By expanding our Global Central Laboratories and partnering with Georgia’s excellent research facilities, we will improve coordination and efficiency for our customers, a critical part of growing our business.”

Georgia is ranked seventh in the U.S. for the number of bioscience companies located in the state, and its life sciences industry has expanded at a rate three times faster than other industry sectors.

Quintiles Laboratories owns a network of facilities in the U.S., Europe, South Africa, China, India and Singapore, and has tightly controlled sub-contractor laboratories in Argentina and Brazil managed by Quintiles employees located in each facility.

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