• Home
  • About Us
  • Subscribe
  • Advertise
  • Newsroom
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • Current Issue
    • Latest News
    • Special Report
    • Up Close
    • Opinion
  • News by Sector
    • Real Estate & Construction
    • Banking & Finance
    • Health Care
    • Education & Talent
    • North Idaho
    • Technology
    • Manufacturing
    • Retail
    • Government
  • Roundups & Features
    • Calendar
    • People
    • Business Licenses
    • Q&A Profiles
    • Cranes & Elevators
    • Retrospective
    • Insights
    • Restaurants & Retail
  • Supplements & Magazines
    • Book of Lists
    • Building the INW
    • Market Fact Book
    • Economic Forecast
    • Best Places to Work
    • Partner Publications
  • E-Edition
  • Journal Events
    • Elevating the Conversation
    • Workforce Summit
    • Icons
    • Women in Leadership
    • Rising Stars
    • Best Places to Work
    • People of Influence
    • Business of the Year Awards
  • Podcasts
  • Sponsored
  • INW Senior
Home » Spokane Gastroenterology partners with Velocity Clinical Research

Spokane Gastroenterology partners with Velocity Clinical Research

In its Washington entry, Velocity conducts clinical trials through Preiksaitis' gastroenterology office

Karina Elias
Karina Elias
October 21, 2021
Karina Elias

Velocity Clinical Research, a national corporation with 28 dedicated research sites, has partnered with Spokane Gastroenterology Clinic PS, marking the clinic Velocity’s entry into Washington state.

Spokane Gastroenterology, established in 2016 by Dr. Harold Preiksaitis, has been conducting clinical trials focused on gastrointestinal diseases since 2018 in its current 5,000-square-foot clinic at 907 S. Perry, on the South Hill.

Velocity is headquartered in Durham, North Carolina. The company provides support to biopharmaceutical and contract research organizations to find patients for clinical studies. According to the company’s website, Velocity was founded in 2017 and has completed over 5,000 clinical trials in multiple therapeutic areas.

“The infrastructure that goes into all of this is unbelievable,” says Preiksaitis of running clinical trial research. “If you’re a solo practitioner who has an interest in getting involved in clinical trials, (Velocity) basically provides all the administrative structure to help you do that.”

A lot of clinical trials occur in university settings or larger hospital settings, which typically treat the sickest patients, whereas a community-based practice can provide a more realistic picture of community health, he contends.

When the pandemic first started, Velocity began downsizing in anticipation of ceasing clinical trials. However, Velocity soon became increasingly involved in testing the COVID-19 vaccines. What seemed like a time to downsize, was actually a time to get busy, Preiksaitis says.

Preiksaitis’ own practice closed for two months during the start of the pandemic while it adjusted to the new rules and changes. Preiksaitis didn’t lay off staff, because he obtained financing through the U.S. Small Business Administration-backed Paycheck Protection Program.

“We’ve been able to manage,” he says.

“Although we didn’t participate, we were all proud of the effort Velocity had made in bringing these vaccines out,” Preiksaitis says, explaining that his site didn’t have the size or expertise needed for vaccine clinical trials.

Preiksaitis has 10 employees, including two who work under the direction of Velocity and a part-time nurse that works for both Velocity and Spokane Gastroenterology. Under the relationship with Velocity, Preiksaitis agrees to participate in certain trials and provides oversight of trial activities here, and the Velocity-directed employees are responsible for finding subjects who want to be part of the trials, answering questions, and organizing paperwork and documents needed.

Preiksaitis and his team have several ongoing trials that focus on inflammatory bowel diseases, which include non-alcoholic fatty liver disease, Crohn’s disease, Clostridium difficile, irritable bowel syndrome, and celiac disease. The team focuses mostly on phase 3 clinical trials, which are large tests of safety and effectiveness of potential new treatments.

“It’s when the rubber hits the road,” he says “We do placebo control. It’s a blinded trial, and we try to ascertain what the therapeutic gain is for whatever intervention we are looking at.”

In addition to clinical trials, Preiksaitis has partnered with Madison, Wisconsin-based Exact Sciences Corp. in a study to improve the company’s at-home colon cancer screening test, Cologuard. The test examines stool samples to determine whether a patient needs a colonoscopy. To improve the test, Preiksaitis provides samples from patients over 65 to Exact Sciences, with patient consent. The company is conducting in-depth analyses to refine and improve the at home kit.

“We’ll be happy to have brought that along,” says Preiksaitis, who has been a practicing gastroenterologist and liver specialist for more than 20 years.

The next step for Velocity in Spokane is finding its own space and facility so the company can expand and bring in other investigators with expertise in different areas of medicine, he says.

Like this story?
You’ll love the rest. Subscribe today, and you’ll receive a year’s subscription to the Journal of Business, unlimited access to this website, daily business news emails, and weekly industry-specific
e-newsletters. Click here for 50% off your first year.

    Latest News Special Report Health Care
    • Related Articles

      Spokane Gastroenterology partners in clinical research

      Premier Clinical Research expands 'overnight'

      Glyciome's clinical trial comes to Spokane

    • Related Products

      Book of Lists Digital Version - Leading Spokane-Area Manufacturers

      Book of Lists - Digital Version - Spokane-Area Trucking Companies

      Book of Lists Digital Version - Largest Spokane County Employers

    3ad05d77f20feb803d3db3a699fb8758
    Karina Elias

    Cautious optimism permeates regional banking sector

    More from this author
    Daily News Updates

    Subscribe today to our free E-Newsletters!

    Subscribe

    Featured Poll

    What is your top business-related resolution of 2026?

    Popular Articles

    • By Tina Sulzle

      Trader Joe's puts forward plans in Spokane Valley

    • Vintage (10) c
      By Tina Sulzle

      Aloha Vintage marketplace opens in Millwood

    • Manufacturing fc collage web
      By Ethan Pack

      Manufacturers invest in INW

    • Puerto (4) web
      By Tina Sulzle

      Puerto Tortas Tacos Cantina opens at airport

    • Topgolf web
      By Ethan Pack

      Topgolf project moves forward in Liberty Lake

    • News Content
      • News
      • Special Report
      • Up Close
      • Roundups & Features
      • Opinion
    • More Content
      • E-Edition
      • E-Mail Newsletters
      • Newsroom
      • Special Publications
      • Partner Publications
    • Customer Service
      • Editorial Calendar
      • Our Readers
      • Advertising
      • Subscriptions
      • Media Kit
    • Other Links
      • About Us
      • Contact Us
      • Journal Events
      • Privacy Policy
      • Tri-Cities Publications

    Journal of Business BBB Business Review allianceLogo.jpg CVC_Logo-1_small.jpg

    All content copyright ©  2025 by the Journal of Business and Northwest Business Press Inc. All rights reserved.

    Design, CMS, Hosting & Web Development :: ePublishing