Local News

Qualyst Moves to New HQ

Posted March 21, 2006 12:09 p.m. EST

— Qualyst

, a drug compound screening company founded in 2001, has moved its headquarters to a new facility.

Qualyst is now located at Palisades II on Trinity Road in Raleigh.

"Qualyst's new state-of-the-art facilities will help us continue our mission to develop and deliver novel and proprietary ADMET products to the pharmaceutical industry," said Scott Neuville, chief executive officer of Qualyst. "Qualyst is experiencing continued growth within the pharmaceutical and biotechnology industry. These new headquarters will help us serve the expanding needs of our clients."

ADMET stands for absorption, distribution, metabolism and exertion. Qualyst has developed patented technology for use in the screening of drug compounds.