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Quintiles, Inc. (Q) Shutters Small Unit in India


10/17/2013 7:31:18 AM

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Durham’s largest home-grown public company, Quintiles (NYSE: Q), is shuttering its Phase 1 unit in Hyderabad, India “due to a challenging external business environment.” That’s according to spokesperson Phil Bridges, who says the unit closed on Sept. 30 and employees were given the option to switch to another job at Quintiles. The company employed less than 20 workers at the India facility.

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