Parexel Establishes New Global Headquarters in Raleigh’s North Hills Innovation District

Company relocation within the Raleigh-Durham area underscores commitment to sustainability, workplace innovation and strong presence in North Carolina

NH HQ

RALEIGH, N.C., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Parexel, a leading global clinical research organization (CRO) providing insights-driven Clinical and Consulting solutions to the world’s life sciences industry, today announced the opening of its new global headquarters in the North Hills Innovation District (NHID) in Raleigh, North Carolina. Moving from its previous location in Durham, N.C., Parexel now occupies two floors in the newly constructed, LEED-certified NHID Tower 5. The new location is designed to drive efficiency and foster innovation and flexible work, all while reinforcing the company’s commitment to sustainability and its strong presence in North Carolina.

“Opening our headquarters in the North Hills Innovation District in Raleigh marks an exciting chapter in Parexel’s growth,” said Peyton Howell, Chief Executive Officer. “This modern, energy-efficient and highly sustainable space reflects how we are evolving the way we work – creating spaces that inspire innovation, flexibility and collaboration for our team as we support and accelerate the development of new therapies for patients.”

As a LEED Silver-certified building, Parexel’s North Hills location reinforces the company’s global commitment to sustainability and is highlighted in the company’s just-issued annual Sustainability and Impact Report. Building features include energy-efficient best practices, WiredScore Platinum certification, eco-friendly construction materials, water conservation systems, EV charging stations, and easy accessibility to walking, biking and public transportation connections. Located in one of Raleigh’s most dynamic and centrally located neighborhoods, the new headquarters offers employees and visitors a vibrant setting that prioritizes efficiency and well-being while maximizing opportunities for productivity and collaboration.

Parexel has maintained a strong presence in North Carolina since 2014 and currently employs approximately 1,100 colleagues across the state. The company continues to invest in its North Carolina footprint, including meeting commitments under the state’s Job Development Investment Grant (JDIG) program.

About Parexel
Parexel is a leading global clinical research organization (CRO) providing insights-driven Clinical and Consulting solutions to the world’s life sciences industry. Leveraging deep local knowledge and a global breadth of clinical, regulatory and therapeutic expertise, our 24,000+ professionals worldwide work in partnership with biopharmaceutical leaders, emerging innovators and sites to design and deliver clinical trials with patients in mind — broadening access and making clinical research a care option for anyone, anywhere. Our proven track record spans 40+ years and drives us forward, advancing clinical research in healthcare’s most complex areas while harnessing innovation to drive efficiencies across every phase of the clinical development process. Our insights-driven approach, proven delivery and trusted execution are accelerating the delivery of life-changing treatments to patients — With Heart.™ We continue to earn recognition industrywide, including the 2024 Fierce Biotech CRO Award for "Innovative Approaches to Patient-Centric Research" and the 2024 and 2023 Society for Clinical Research Sites (SCRS) Eagle Award for advancing the clinical research profession through strong site partnerships. For more information, visit parexel.com and follow us on LinkedIn, X, Facebook and Instagram.

Media
Danaka Williams
+1 984 298 4207
Danaka.Williams@parexel.com

Addison Stallings
+1 984 833 6362
Addison.Stallings@parexel.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/285fb7a6-6207-4541-8a6a-8c217dec038e

Parexel Establishes New Global Headquarters in Raleigh’s North Hills Innovation District

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