INC Research, a Raleigh company that assists drugmakers with clinical trials, said today that it has acquired AVOS Life Sciences of Morrisville.
AVOS' team of six and its products will become a new division of INC Research called AVOS Consulting, which will provide operational and financial analysis to life sciences companies. The division will be located at INC's Raleigh headquarters.
Terms of the deal weren't disclosed.
AVOS Consulting will help companies develop business models, assist with capital allocation, pricing and accelerated drug development models.
INC's nearly 2,000 employees help pharmaceutical and biotechnology companies conduct clinical trials in 40 countries.
The company has about 575 employees in North Carolina, the majority of them in Raleigh.
In August the company was acquired by New York-based Avista Capital Partners and the Ontario Teachers' Pension Plan.
In May, INC signed long-term leases in two Highwoods Properties buildings in Raleigh, one of which will put the company's name on a building that faces the Beltline.
Business reporter David Bracken came to the N&O in 2004. He covers commercial and residential real estate. Contact David at 919-829-4548 or