Business Retention in Action: IQVIA Laboratories Case Study

IQVIA Laboratories maintains 350 high-quality life science jobs in the SCV at their new 134,000 square-foot, state-of-the-art facility.

Strong local economies don’t happen by accident—they’re built by helping existing employers stay, grow, and reinvest. That’s especially true for companies with highly specialized operations, where facility needs, regulatory timelines, and infrastructure requirements can make or break an expansion decision.

One of the best recent examples is IQVIA Laboratories (formerly Q2 Solutions), a global drug discovery and development laboratory services organization with longstanding ties to the Santa Clarita Valley. Over the years, IQVIA Laboratories has supported high-quality employment opportunities and contributed to our local economy, and when the company faced a challenge, SCVEDC worked with partners to help ensure growth could happen right here.

In 2022, its Valencia operations outgrew two facilities, prompting a search for a larger location to consolidate and accommodate both. With 350 specialized employees and technical laboratory testing, IQVIA needed significant mechanical and electrical engineering infrastructure, sufficient space, and a layout amenable to laboratory workflows—with minimal disruption to operations.

SCVEDC initiated a collaborative effort with CBRE, Senator Scott Wilk’s office, LA County Supervisor Kathryn Barger, and numerous Los Angeles County and State agencies to help IQVIA continue to grow locally. A prime candidate emerged: a State-constructed COVID testing lab that opened in 2020 and later closed in 2022. The building required extensive inspections and permitting to bring it up to code, and partners worked together to streamline planning, regulatory requirements, and approvals.

The result: IQVIA chose to expand and co-locate in a single facility—retaining 350 skilled life sciences jobs in the Santa Clarita Valley.

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The Santa Clarita Valley Economic Development Corporation (SCVEDC) is a unique private / public partnership representing the united effort of regional industry and government leaders. The SCVEDC utilizes an integrated approach to attracting, retaining and expanding a diversity of businesses in the Santa Clarita Valley, especially those in key industry clusters, by offering competitive business services and other resources.