|
KING OF PRUSSIA, PA - December 2, 2003 - Octagon Research Solutions, Inc., a leading process-centric solutions provider that offers a suite of regulatory electronic submission, regulatory affairs, clinical data management, statistical, and information technology services to the life sciences industry, announced today the Company's second office expansion in less than one year. The Company has leased an additional 8,900 square feet of space to add to its existing 13,500 square feet. Octagon’s headquarters is located at 1016 W. Ninth Ave. in King of Prussia, PA. The new space will accommodate the Company's growing production and sales staff. Life Sciences Solutions Provider Continues Expansion as Demand for Products and Services Grows
“Electronic submissions outsourcing and consulting to pharmaceutical and biotechnology companies continue to be strong growth businesses and as we expand to meet that demand, we need more space,” said James C. Walker, President and CEO of Octagon. "Companies around the world are looking for ways to reduce rework and waste, minimize cost and speed the regulatory approval process, allowing them to get their products to market faster and boost their bottom lines. This requires rapid, incremental leveraged change, which is exactly what Octagon offers through our holistic approach, strong domain knowledge, cross functional eSub expertise and creative use of technology.”
Octagon’s total employment has jumped by 77% since the beginning of the year, adding 40 employees to its base of 52.
Octagon recently expanded from being a pure service company when it introduced ViewPoint, its first product. ViewPoint allows project managers to monitor and control every aspect of complex submissions through automated workflow management, unobtrusive metric collection, scenario modeling, issue tracking and flexible task assignment (patent pending).
About Octagon Research Solutions, Inc.
Octagon is a leading process-centric solutions provider that offers a suite of regulatory, clinical, process and IT solutions to the life sciences industry. Octagon synchronizes processes and increases automation to reduce island-to-island inefficiencies within the clinical research and development process. We leverage the power of electronic submissions through cross-functional eSub expertise, a holistic process approach, deep domain knowledge and creative use of technology. Octagon is headquartered in King of Prussia, PA, with an office in Boston, MA. For more information please visit www.octagonresearch.com.
|
