Led by a uniquely experienced management team, R5 Pharmaceuticals provides appropriate solutions for the development of safe and effective pharmaceutical materials to be used in clinical studies
R5 Pharmaceuticals has been named 'Best Start-Up Company' at the recent Medilink East Midlands innovation day held in Nottingham.
The day, held earlier this month, celebrated the achievements of some of the most successful companies in the area within the healthcare industry.
It was co-sponsored by the government organisation, UK Trade and Investment (UKTI) which actively supports the development of UK-based companies abroad.
R5 has been working closely with the UKTI on several projects abroad, including the recent Bio Convention 2007 held in Boston, USA at the beginning of May.
R5 Pharmaceuticals announced the launch of its comprehensive range of contract services in drug development for the pharma and biotech industry in March of this year.
The company, based on the BioCity campus, Nottingham, offers an efficient and integrated approach to pharmaceutical development, from drug formulation and delivery technology through to full scale manufacture.
R5 is also applying its expertise to new and rapidly evolving areas such as paediatric products and nutraceuticals, which are coming under increasing pharmaceutical regulation.
Peter Hogarth, international trade director UK Trade and Investment East Midlands, comments: "Our aim is to promote and support companies such as R5 Pharmaceuticals, particularly in raising its international presence.
"We are confident that in the next few years we will see R5 achieve even greater goals and move from a successful start-up to an established and thriving service provider for the pharma and biotech industries".
Paul Titley, CEO, R5 Pharmaceuticals adds: "We are absolutely delighted to have received this award recognising our achievements within the industry.
"We are continually striving to develop and grow our business into new areas as well as further establish those that already exist.
"UKTI has provided us with excellent support and resources to expand our presence on a global level.
"We look forward to our continued work with them creating new and exciting opportunities for R5."