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N.C.-based Cetero Research, with lab in Fargo, files for bankruptcy

Published 03/27/2012, Forum Communications

It’s unclear from the documents what effect the filing will have on the Fargo facility, which has 400 employees and 544 beds for drug test subjects. PRACS Institute, one of the affiliates that combined to form Cetero in 2006 and also filed a bankruptcy petition Monday, was started in Fargo in 1983 by James Carlson, a former professor at North Dakota State University.

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