NEW YORK, Nov. 7, 2014 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of INC Research Holdings, Inc. (INC Research) (Nasdaq:INCR), a leading global Phase I to IV contract research organization, commenced on The Nasdaq Stock Market on November 7, 2014.
INC Research provides a full range of Phase I to Phase IV clinical development services for the biopharmaceutical and medical device industry. INC Research connects customers, clinical research sites and patients to accelerate the delivery of new medicines to market through its service offerings and therapeutic expertise in multiple patient populations. With approximately 5,500 employees worldwide, INC Research has the global workforce to support clinical development programs of any size around the world.
"INC Research is committed to delivering therapeutic and operational expertise to accelerate clinical development programs and bring new treatments to market," said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. "We are proud to welcome INC Research to The Nasdaq Stock Market family and we look forward to supporting its growth as a public company."
"We are very pleased with the positive reception and investor interest on our listing with Nasdaq," said Jamie Macdonald, CEO, INC Research. "We believe that outsourcing clinical development services to CROs optimizes returns on R&D investments for biopharmaceutical companies and will continue to increase. INC Research is now in a stronger position to fund future growth, innovation and expansion plans that will bolster our capabilities as a leading global CRO."
Mr. Macdonald will lead the Nasdaq Stock Market Opening Bell ceremony in Times Square, New York on Monday, November 10, 2014 in celebration of INC Research's IPO.
By listing with Nasdaq, INC Research joins many of the world's largest and most revolutionary companies. Nasdaq has been the exchange of choice to 93 percent of healthcare companies listed in the U.S. markets year-to-date.
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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 industry. 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. We were ranked "Top CRO to Work With" by sites worldwide in the 2013 CenterWatch Global Investigative Site Relationship Survey. INC Research is headquartered in Raleigh, NC, with operations across six continents and experience spanning more than 100 countries. For more information, please visit www.incresearch.com and connect with us on LinkedIn and Twitter @inc_research.
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Source:The NASDAQ OMX Group, Inc.