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Drug-testing firm wins bid for two PRACS buildings

Published 08/22/2013, INFORUM

FARGO – Another drug-testing firm emerged as the buyer of two former PRACS Institute buildings in an auction held last week in U.S. Bankruptcy Court. Novum Pharmaceutical Research Services , based in Pittsburgh, Penn., conducts clinical research tests for the pharmaceutical industry, as did PRACS, which abruptly closed its doors and filed a Chapter 7 liquidation petition in March.

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