Tagged: Quintiles

There seems to be strong investor demand on the New York Stock Exchange for North Carolina-based Quintiles.

Trading began today for the drug-testing company at $40 a share, and by mid-day – shares were up to almost $44.  The price closed at $42.

Phil Bridges, a spokesman for Quintiles, says this is an iconic moment in the company's history.

Trading on the New York Stock Exchange begins Thursday for North Carolina-based Quintiles.

The company announced late Wednesday that it is selling about 23.7 million shares of its common stock to the public at $40 a share. That would raise nearly $950 million in this initial public offering for the bio-pharmaceutical services company.

Cary-based SAS has topped the grand-daddy of Best Places to Work lists.  SAS is number one on the World’s Best Multinational Workplaces list.  To make the top 25 list – a company has to have more than five-thousand employees, with at least 40-percent of them working outside the company’s home country.  Lisa Pappas is a Customer Experience Tester at SAS.

Durham-based Quintiles has had a strong presence in China for 15 years. Now it is building a headquarters there to serve nearby Asian countries.

Leoneda Inge:  Quintiles is building a 14-million dollar regional headquarters in Shanghai. The bio-pharmaceutical services company that manages clinical trials already has a presence in Beijing and Hong Kong.  Phil Bridges is a spokesman for Quintiles.  He says it was time to significantly expand lab testing capabilities in China.