PRZOOM - /newswire/ -
Wayne, PA, United States, 2006/03/20 - CEO & Chairman Jim Walker of Octagon Research Solutions, Inc. a pioneer and leader in the electronic transformation of clinical R&D in the life sciences industry, announced today that the company has expanded its operations.
CEO & Chairman Jim Walker of Octagon Research Solutions, Inc. announced that the company has expanded its operations to a second corporate suite in Wayne, Pennsylvania. Since 2003, Octagon Research Solutions, Inc. has experienced a 135% increase in employee growth, creating a critical need for new office space.
The new suite, which will house Octagon's Research and Development division, is located at 575 E. Swedesford Road. The additional space will address the growing needs of the expanding R&D function while still offering proximity to all other headquarters functions.
"The tremendous growth we have seen here at Octagon is really the end result of the hard work and dedication of our entire corporate staff," commented Mr. Walker, "As CEO, I have the responsibility to make sure our staff has what it needs to succeed and to give them the best possible working environment I can. The addition of this second facility and expansion, which, if we continue to grow at this pace may be the first of many, gives us the opportunity to be even more responsive to our sponsors and clients needs."
Reasons for Octagon's rapid growth? In 2003, Hale and Dorr LLP and KPMG LLP awarded the Hi-Tech Pioneer Award for excellence in innovation to Octagon. Octagon has also been included on the Philadelphia 100Ò list for the past three consecutive years, recognizing it as one of the fastest-growing, privately held firms in the Greater Philadelphia region.
Octagon was also included on Entrepreneur magazine's "2003 Hot 100 list," Deloitte & Touche's "2003 Fast 50 Rising Stars" list, Deloitte & Touche's "2004 Fast 500" and "2004 Fast 50" lists, and Inc. magazine's "2005 INC. 500" list recognizing it as one of the fastest-growing, privately held companies in the United States.
About Octagon Research Solutions, Inc.
Octagon is a pioneer and 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 integrated solutions. Octagon is headquartered in Wayne, PA, with offices in Boston, MA, Costa Mesa, CA, and European headquarters in Amersham, UK.