EGF PRACS Institute ClosingCetero Research says it is closing its East Grand Forks PRACS Research Institute.
Cetero Research says it is closing its East Grand Forks PRACS Research Institute.
The company employed 35 full-time workers and 60 to 80 part-time employees.
The company tests new types of medicine on paid human test subjects.
PRACS employees tell us they were told today when they got to work that the facility is closing.
And that they had to sign an agreement that they would not talk about the closure to get a severance package.
Cetero Research spokeswoman April Johnson tells WDAZ it was a hard decision to make to close the East Grand Forks facility. She would not specify why it is closing, but said the Fargo PRACS office would remain open. She would not comment though if there would be job cuts in Fargo.
Employees tell us that the studies that are currently happening now will continue until completed, and that the facility was not immediately closing but would in the "near future" when current studies cease.