Winner of the NovaUCD 2011 Start-Up Award, pharmaceutical research and technologies company APC, plans to create 20 high-skill jobs in the next two years.
The company was co-founded earlier this year by Professor Brian Glennon and Dr Mark Barrett as a spin-out from UCD’s School of Chemical and Bioprocess Engineering, and already includes many of the top 10 pharmaceutical companies in the world on its client list.
It provides pharmaceutical processing technologies and customised solutions to pharmaceutical companies that require the delivery of their medicines to the global market in a lean, reliable and robust manner.
APC has already hired three permanent, PhD qualified engineers and chemists. Most of the 20 jobs to be created will be at PhD level with individuals also having pharmaceutical technology and process development expertise.
By integrating its advanced engineering and scientific competencies APC enables pharmaceutical companies to deliver their medicines to market in a quicker, leaner, more reliable and more cost effective manner.
It does so by providing these companies with engineering and technology solutions which deliver cycle time improvements, yield and capacity increases, improved impurity reductions, better control of product characteristics and reductions in batch rejections.
APC has expanded internationally and acquired clients in pharmaceutical manufacturing, research and technology divisions throughout mainland Europe and in the USA.
It is currently investing in technology research and development and plans to launch additional products, services and processing technologies to the market in 2013.
Glennon joined the UCD School of Chemical and Bioprocess Engineering in 1995. Prior to joining UCD he worked as a chemical engineer in Merck Sharp & Dohme. He is leader of the UCD Pharmaceutical Process Engineering Research Group and deputy director of the Solid State Pharmaceutical cluster a Science Foundation Ireland-funded Strategic Research Cluster.
Barrett joined the UCD School of Chemical and Bioprocess Engineering in 2009. Previously he worked as a process development engineer in Schering-Plough. Since joining the UCD Pharmaceutical Process Engineering Research Group he has led national and international industrial research activities.
In addition to the NovaUCD 2011 Start-Up Award, APC was got a cheque for €5,000, €6,000 worth of professional services from Deloitte, €3,000 worth of legal services from Arthur Cox, €1,000 worth of business and taxation consultancy from Delaney Financial Consultancy and NewMarket Partnership and six-months free desk space at NovaUCD.
APC will also receive a year’s free subscription to AccountsIQ software which allows SMEs to manage their entire accounting requirements via the internet.