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Staunton attracts cancer research
specialists
by Heather Hayes
Virginia Business
September 2005
Small companies do best in small towns.
That’s the philosophy behind the decision to locate
recent startup Atlantic Research Group Inc. (ARG) in
Staunton.
The contract research firm, which
designs and manages the clinical trials of promising
cancer treatments, moved into the newly renovated American
Hotel office building in July. The company was attracted
in part by the city’s ambience, strong cultural
scene and a $20,000 incentive grant from the Staunton
Industrial Development Authority.
Atlantic Research Group already has
three contracts in place for clinical trials and is
in negotiations for a fourth. It will also share office
space with Skyline Pharm-aceutical Systems LLC, a spinoff
division of Atlantic Research Group that will specialize
in complementary IT systems. Skyline Pharmaceutical
has developed a Web-based program that will significantly
reduce the time it takes to enroll patients in clinical
trials.
“That’s the biggest delay
that we face in getting clinical trials under way,”
says Paul Bishop, a co-founder of Atlantic Research
Group and Skyline Pharmaceuti-cal Systems who serves
as vice president of project management for both companies.
The Skyline Pharmaceutical product, which is being developed
and promoted in conjunction with a major cancer resource
Web site, is scheduled to hit the market next month.
Staunton officials aggressively marketed
their area, according to Stephen G. Versen, an economic
development specialist for the city. Atlantic Research
Group and Skyline Pharmaceutical plan to hire at least
35 employees over the next three years and pay an average
annual salary of $50,000.
“We’ve always had plenty
of manufacturing and service jobs here, but not that
many white-collar jobs,” Versen says. “This
is a chance to improve both the variety of jobs and
the pay and hopefully attract like-minded companies.” |