Hamilton’s Bay Area Research Logistics (BARL) has been selected as the recipient of a 1Award for 2014 from FirstOntario Credit Union. BARL has been awarded $38,000 in cash and in-kind professional services to help the company expand to new markets.
“At FirstOntario we see small business as the engine of growth for the economy in Hamilton,” says Mary DeSousa, executive vice president of Marketing at FirstOntario Credit Union. “We established the 1Awards Business Competition three years ago to help small businesses in our community take that important next step in their growth.”
BARL offers global clinical trial logistics services focused on helping the health care industry successfully develop new medications and treatments. Partnering with researchers and organizations – representing academic and private clinical research organizations, individual investigators, large pharmaceutical companies and others – it offers logistical design, packaging and distribution for the successful execution of clinical drug trials. Since 2007 BARL has worked on a range of clinical trials, such as Phase IV trials, involving as many as 13,000 patients in 22 different countries, and investigational new drug trials involving as few as 10 patients. This includes helping to design research protocols; handling the regulatory arrangements for the import and export of drugs; and the packaging, labeling and the shipment of drugs, complying with all regulations around the world. These trials can be groundbreaking, first-in-class drug discoveries, last resort treatment options, or trials of existing drugs as possible treatments for new diseases.
“We are delighted to be recognized as a small business which FirstOntario believes has significant potential for future growth,” says BARL’s director Nicole Grannell. “We are looking at expanding into new markets in Canada and in the U.S., and the 1Award will provide additional resources to help us successfully do just that.”
Bay Area Research Logistics is a division of Bay Area Health Trust, which operates a number of enterprises designed to generate profits, used to support health care and health care research.
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