Will be expanding operational, packaging and storage facilities
Biotec Services is expanding following 15% growth in the last 12 months
Biotec Services, a UK-headquartered provider of temperature controlled packaging and distribution services for clinical trials, is doubling its capacity with the addition of new processing facilities, following 15% growth in the last 12 months.
The UK-headquartered company is expanding into additional operational, packaging and storage facilities.
As a result of increased demand, which includes a new contract worth £5m, Biotec Services is increasing its controlled room temperature storage by 100% and its cold room storage by 400%. It is also creating a second advanced therapeutic medicinal products (ATMP) facility.
Dr Fiona Withey, Chief Executive of Biotec Services, said: 'We have an exciting pipeline of work and an increasing number of Phase III trials with larger storage requirements, which has resulted in a need to expand our temperature controlled packaging and storage facilities.
'Feedback from our recent client survey indicated that refrigerated storage at +2°C to +8°C is the range that most suits our partners’ requirements so we are developing our facilities in line with this and also bespoke temperature demands.'
As part of the company’s growth plans, it has also acquired land adjacent to the current Biotec Services’ facilities, which will be developed in-line with demands from customers.
Withey continued: 'We have ambitious objectives for the next three years as we move towards achieving our vision of becoming the market leader in cold chain clinical trial services, headquartered in the UK with a global presence. We will be looking to continue to develop our services for existing customers and to grow more and more partnerships worldwide, tackling new markets. With these plans in mind, we have secured land adjoining our current facilities to accommodate our future growth.'
Biotec Services provides temperature-controlled clinical trial services including import, QP certification, labelling, assembly, storage and distribution of clinical trial supplies.