WRAL Tech Wire

Murdock’s Research Campus Is a Jaw-Dropping Project; Ask PPD’s Founder

Main building nears completion. (NCRC photo)

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RESEARCH TRIANGLE PARK, N.C. – It’s true, one picture of the incredibly North Carolina Research Campus says what a thousand words can’t. David Murdock’s dream will be one incredible reality in a few months.

However, words can be powerful, as well. And one comment from Fred Eshelman, founder and chief executive officer of Pharmaceutical Product Development, summed up the Murdock project in Kannapolis:

“My jaw dropped as we walked around and I realized that this was indeed a unique, complete and scientifically outstanding concept, which is rapidly becoming a reality.”

One really has to see the unfolding project in person to appreciate what the billionaire Murdock is building. The first structures, including the massive main lab complex, will open later this spring.

And more people are starting to realize that Murdock has not conceived a pipe dream. Eshelman’s decision to locate a research office and hire up to 300 people to work at the campus is a tremendous private sector victory for the owner of Dole Food.

Yes, Murdock has created partnerships with the UNC System and Duke University.

Yes, Red Hat will have an office there.

Yes, some smaller biotech firms have decided to open offices at the site of a former textile mill.

However, PPD’s commitment is a private sector deal. PPD also is a fast-growing international contract research organization run by Eshelman. And private companies don’t make a commitment at the level Eshelman has made unless they are convinced a project can help turn a profit.

By planting a flag at the research campus, Eshelman is saying to other biotech firms: “The N.C. Research Campus is a real deal. Come join us.”

Go see the campus yourself if you don’t believe Eshelman.

Your jaw will drop.

The Skinny

WRAL Local Tech Wire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector. Read more articles…