Laureate Pharma: A Company on the Rise
Michiel Ultee
In January 2007, Laureate Pharma announced record growth for 2006, with 14 new agreements signed and a business backlog increase of more than 240% over 2005. For the quarter ending June 30, 2007, it posted record-breaking results of a 178% increase in revenues over the same period in the previous year.
Based in Princeton, NJ, Laureate Pharma is a full-service outsource and contract manufacturing organization (CMO). The company helps biopharma companies speed new products from development through production by offering an array of services ranging from process design and development to full-scale production, testing, and regulatory support.
Michiel Ultee, senior director of processes science, says, "We don't have our own...
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