A LONG established Swansea clinical research company is expecting to double the size of its workforce in the city and create 100 jobs.
PRA already employes around 100 people in Swansea and held an official launch ceremony this morning at its office in SA1 which was formerly occupied by law firm Morgan Cole.
The firm moved into its current location after reaching capacity at its former offices at Matrix Court on Swansea's Enterprise Park.
The Welsh Government has backed the company's expansion plans with £1.29million of business finance.
Economy minister Edwina Hart officially launched PRA's job creation programme in Swansea this morning and said: "We look forward to establishing a life sciences hub.
"It is very important in the modern economy to recognise where our strengths and weaknesses are.
"Historically, Wales's strength was in steel and coal.
"We still have a lot of very successful manufacturing companies here in Wales which we want to keep but we must look forward to the diversty of industry that we require."
PRA executive vice-president Steve Powell confirmed the business has supported more than 15 blockbuster drugs hitting the market and said: "We are delighted to officially open our expanded location in Swansea.
"The new site has received substantial funding from the Welsh government which will mean significant job creation and support for the local economy.
"As a leading CRO, we are committed to the growth of our Swansea team and to transforming clinical trials across all phases of drug development; the new building and jobs demonstrates PRA's commitment to offering a more dynamic service to our customers, both locally and internationally."