“Square” spin off wins Queen’s Award
A business created on the back of the School of Pharmacy, University of London, has won national recognition for increasing its overseas trade by 270 per cent in just three years.
Pharmaterials — a contract drug pre-
formulation and development company — was this week awarded the
Queen’s Award for Enterprise for International Trade.
The company was established in 2001 to reap the business potential of
the school’s excellence in pharmaceutical materials science. It
now has partnerships with over 80 companies in 16 countries worldwide
and its clients range from major multinational pharmaceutical companies
to biotech start-ups.
Company founder, chief officer and professor of pharmaceutics Graham
Buckton said: “Pharmaterials’s strong science base, coupled
with the excellent work of the staff, has been enormously important in
winning this award. Pharmaterials’s philosophy is that we do not
just make measurements, we provide a true understanding of our client’s
challenges and that is why we have seen such success.”
|