Medical device clinical research organization North American Science Associates (NAMSA) has received a tax credit from the state of Ohio for a 20,000-square-foot expansion of its Toledo-area headquarters.
The Ohio tax credit helped convince the company to expand in Ohio rather than acquire new lab space in France or China, according to vice president of operations Gina Skolmowski.
NAMSA has about a dozen locations across the globe, including one in France, and the company considered adding space to that location. Additionally, NAMSA plans to open an office in China early next year and the company considered adding lab space to that office, Skolmowski said.
The toxicology lab expansion comes as the company expects increased demand from both international and domestic customers. NAMSA specializes in clinical trials and product testing for all types of medical devices.
The company employs about 230 in its Northwood, Ohio headquarters and about 500 worldwide, Skolmowski said. The lab space expansion is expected to create 20 jobs.
The six-year, 70 percent tax credit will begin in January. As part of the tax credit agreement, the company will maintain operations at the Northwood location for at least 10 years, according to the state.
In 2009, NAMSA acquired competing Minneapolis-based clinical research organization Alquest for an undisclosed sum. Alquest specialized in regulatory strategy, compliance and clinical trials management for medical device companies.