YEMASSEE – 06-17-2019 (PRDistribution.com) — The Alpha Genesis primate research organization was recognized by the Beaufort Chamber of Commerce for its regional economic impact in a gathering held by the Beaufort Regional Chamber of Commerce on Dataw Island June 7. The Regional Economic Impact Award is sponsored by Merrill Lynch-Bank of America and recognizes a business that has promoted economic prosperity and quality of life in Beaufort County. Businesses nominated for this award have created a significant impact through investment, risk-taking and job creation.
According to the Alpha Genesis website, the Primate Contract Research Organization (CRO) has operated in Beaufort County since 2003 ands been named by Grant Thornton as a South Carolina Top 100 Private Company. The award-winning organization provides scientific support to the bio-research community and employs over 135 full-time workers throughout the Low Country. Company revenues have increased more that 100% since 2014 and are projected to grow another 50% by the tear 2024. In 2018 Alpha Genesis launched a five-year multi-million dollar expansion at its Yemassee location and seeks to continue its overseas outreach efforts to gain new contract research clients in North America, and from the European and Asian pharmaceutical communities.
According to a statement issued by Alpha Genesis CEO Greg Westergaard the Company’s greatest challenge has been to “create breakout growth from being a small business serving a limited number of regional customers to an international business serving customers worldwide. The Company has met this challenge by recruiting talented people with high potential from the local community and investment in training these individuals to become skilled professionals. Local service providers and vendors have also played a crucial role. Investment in the Beaufort County region remains our highest priority. Sourcing local talent and reinvesting proceeds in Company growth allows us to strengthen our relationships with the community and provide unique opportunities to those wishing to make Beaufort County an even more prosperous community.”
Alpha Genesis is a leading life sciences company that provides primates and primate contract research services worldwide. With a mission to improve health and improve lives, Alpha Genesis delivers world-class solutions to the primate research community. To learn more about Alpha Genesis, visit www.alphagenesisinc.com and to learn more about the AGI Primate Research Center, visit www.primateresearch.com.
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