Hundreds without a Job after PRACS Files for Bankruptcy

Hundreds of employees of PRACS Institute are out of a job as of Wednesday night.

 

 

 

 

Hundreds of employees of PRACS Institute are out of a job as of Wednesday night.

PRACS employees say a meeting was called Wednesday afternoon to notify employees and e-mail notices were also sent out letting them know their positions have been cut after the company filed for bankruptcy. The PRACS Institute location in Fargo employs about 300 people.

According to the PRACS Institute website, the company focuses on full-service early phase clinical studies, using 30 years of know-how experience and standards we have set for Phase I clinical conduct.

 

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