NCGS Inc., a clinical research organization for the pharmaceutical industry, is expanding its Charleston County operations with a new corporate headquarters. The $10 million facility at 16 Charlotte St. on the peninsula will create 80 jobs and will open this spring when renovations are completed. The firm acquired the property in July for $4.95 million.
“This is an exciting time of unprecedented discovery in our industry, and NCGS is proud that our success will translate into growth for our beloved Lowcountry community,” Nancy Snowden, the company’s CEO and a onetime owner of the famed and former Carolina’s restaurant, said in a statement.
Founded in 1984, NCGS is a privately held research group that specializes in conducting and managing clinical trials for drugs used in medical specialties such as oncology, infectious diseases and critical care. It has worked on the approval or expanded approval of 34 drug, biologic and diagnostic products.
The state Coordinating Council for Economic Development has approved tax credits that the firm can claim if it meets certain hiring thresholds.