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Spaulding Clinical to Commemorate 2nd Floor Renovation
August 16, 2010
Spaulding Clinical to Commemorate Completion of 2nd Floor Renovation with West Bend Chamber of Commerce on Tuesday, August 24th
Additional space expected to bring more jobs, business to the West Bend area
August 16, 2010 – WEST BEND, WI – Spaulding Clinical Research, a Phase 1 Clinical Pharmacology Research Unit and Core ECG Lab, announced today that renovation of the clinic’s second floor will be completed on Aug. 20. The newly-remodeled floor will make an additional 16,700 square footage of space available for use in future clinical studies.
The opening will be celebrated at a ribbon-cutting ceremony with the West Bend Area Chamber of Commerce at 2 p.m. on Aug. 24 at Spaulding Clinical’s facility in West Bend.
Spaulding Clinical currently conducts its centralized cardiac safety studies on the third floor of its facility, which consists of 48 fully functional telemetry beds. The opening of the second floor will increase Spaulding’s telemetry capacity to 96 beds, making the company the largest telemetry site in the world. The company’s overall operational capacity will increase to 105 beds.
“Since we opened our doors in 2008 we have had plans to expand our operations to the second floor of our facility,” said Randy Spaulding, founder and CEO of Spaulding Clinical. “This renovation doubles our capacity for conducting safe, effective clinical trials that are supported by the best technology available. Ultimately, the renovation will help us continue to fulfill our mission, which is empowering the development of safe drugs that will save lives.”
The increase in operating capacity at Spaulding Clinical will help the company continue to attract additional major pharmaceutical companies to West Bend for their clinical trial needs, which will bring thousands of study volunteers to the local area.
Through a partnership with the West Bend Area Chamber of Commerce and various local businesses, study volunteers will leave Spaulding Clinical with a packet of coupons – along with their significant stipends – that can be used at local establishments before they leave town. Spaulding Clinical estimates that volunteer stipends will reach $2 million for 2010.
The opening of the second floor will bring dozens of new jobs to the West Bend community.
“In the past two years, our company has grown from four employees to 92,” said Daniel Selness, vice president of clinical operations at Spaulding Clinical. “With the addition of the second floor into our business operations, the number will only continue to grow as we will be able to open at least 25 new positions in the coming months. These positions will be made available to highly-trained, qualified individuals within the West Bend community and its neighboring communities.”
Kristine M. Deiss, mayor of the city of West Bend believes Spaulding Clinical is establishing itself as a major company and sees good things coming from its expansion.
“I am thrilled to see that Spaulding Clinical has reached the point that they are able to expand their business,” said Deiss. “This certainly bodes well for the community by increasing job opportunities and introducing more and more study volunteers to the amenities West Bend has to offer.”
Speaking for the local angel investors providing the seed capital for the venture, John Torinus Jr. said, “This is exactly the kind of growth we were hoping for when we wrote our checks. Actually, Spaulding is exceeding our expectations.”
In addition to the ribbon cutting, an open house of the second floor will be held at the company’s facility on Saturday, Aug. 28, from 10 a.m. to 1 p.m. The open house will be for the public to learn more about Spaulding Clinical. Additionally, Spaulding will have a memory book set up for West Bend residents to share any and all memories of the old hospital.
All of the work for the second floor renovation will be completed by local contractors from the West Bend community. The second floor renovation project has been financed by the M&I Bank of Milwaukee. For a free video tour of Spaulding Clinical, please visit https://www.spauldingclinical.com/overview/.
About Spaulding Clinical
Spaulding Clinical (www.spauldingclinical.com) is a Phase 1 Clinical Pharmacology Research Unit and Electrocardiography Core Lab located in West Bend, Wisconsin offering a full range of services. The company has extensive experience conducting TQT studies, first-in-human studies, multiple rising dose, bioavailability and bioequivalence, drug interaction, and food effect studies. Spaulding Clinical also offers a full suite of Electrocardiography Core Lab and over-reading services with state-of-the-art technology, equipment and cardiac safety expertise.
Spaulding Clinical Contact:
Amanda Baltz
Sr. Director, Business Operations and Development
262.306.3324
[email protected]