Select awarded Best New Life Sciences Company in Scotland
22 February 2012
Pharmaceutical testing company Select Pharma Laboratories has picked up the 'Best New Life Sciences Company in Scotland' award at the 2012 Scottish Enterprise Life Sciences Awards.
The company was established in Stirling in 2010 and quickly established itself as a high-calibre contract pharmaceutical testing laboratory, providing services to Scottish manufacturing firms as well as major international clients in the US, India and the Far East.
The company now employs 13 full-time staff and is on track to meeting its second-year revenue forecast of £1 million.
The company has revealed strong growth plans for the next few years, hoping to tap into an increased demand for testing linked to a rise in the number of generic drugs due to be released to the market.
Steve Hastwell, Select’s Business Development Manager said:
“It is a great honour for Select Pharma Laboratories to win this award.
"The management team and staff at Select have made tremendous efforts to establish the company in what remains an extremely competitive market, and this award is a clear recognition of the dedication and professionalism of all involved over the last 18 months.
“We feel that the demand for high quality services remains high. However, this remains an extremely competitive environment and success is dependent on the ability to adapt very rapidly to changing customer demands, and provide the highest level of customer service.
“Select have consistently shown commitment to these goals, and expect to build on that success for 2012.”
Read more about Scotland's strengths in life sciences