DURHAM – Velocity Clinical Research, which is headquartered in Durham, has acquired two further companies in increasing its nationwide attain to 16 whole websites.
In accordance with the corporate, the aim of the acquisition of Denver-based Downtown Ladies’s Well being Care and Riverside Scientific Analysis in Edgewood, Florida is to extend volunteer recruitment from communities historically underrepresented in medical analysis in addition to an enlargement into renal and hepatic analysis.
Monetary phrases weren’t disclosed.
“We’re dedicated to recruiting a various set of volunteers to the trials we conduct,” mentioned Dr G. Paul Evans, president and CEO of Velocity Scientific Analysis. “Placing websites close to minority populations is one option to encourage extra individuals from these communities to participate in medical analysis.”
Since July 2020, Velocity Scientific Analysis has recruited greater than 10,000 sufferers to COVID-19 vaccine trials, and in line with the corporate, it’s the solely website firm to be included in all Operation Warp Velocity trials, plus Pfizer.
“Velocity’s built-in website mannequin permits us to scale the corporate while remaining agile, consequently driving extra enterprise,” mentioned Evans, noting the corporate launched three years in the past and now has 16 websites throughout 11 states in its portfolio.
Prior to those acquisitions, the corporate has made three further acquisitions, two in November of 2019, and one in November of 2020, according to Crunchbase, and PE Hub has reported that the firm may be seeking a buyer.