October 19, 2021
Business News

Innovative Waterford company completes massive expansion

A Waterford company that has become a global leader in stability storage for the pharmaceutical industry has completed a significant expansion at its local facility.

Q1 Scientific, which set up in the city in 2012 with a 5,000 square foot storage facility, has just completed its third expansion, increasing the size of its pharmaceutical storage space in Waterford to 15,000 square feet.

The innovative company, which is part of the supply chain process for some of the world’s largest pharmaceutical companies, has increased its capacity by 500% over the past six years.

Q1 Scientific CEO Stephen Delaney said: “Q1 Scientific is revolutionising the way pharmaceutical companies store their products, helping to improve the speed it takes for drugs to reach the marketplace along with saving pharma companies the expense of building and monitoring storage chambers. We were the first company in our sector to establish in Ireland and we are now global leaders in pharmaceutical storage services.

“We very much become a seamless part of our client’s organisations and by doing so we enable them to focus further on their own particular areas of expertise and R&D. In a global context, Ireland is a major player in pharma, with all of the world’s 10 largest pharmaceutical companies operating here; this combined with having a significant track record in clinical and academic research too offers the optimum marketplace for our expertise and specialist services.”

Mr Delaney also revealed further planned growth is on the horizon. “Over the next number of months we plan to commence a new recruitment process, increase our handling area capacity and we are looking to further our storage chamber areas too,” he added.

MAIN PHOTO: Q1 Scientific CEO Stephen Delaney and company founder Louise Grubb

WATCH: To view a time-lapse video of the expansion works undertaken at Q1 Scientific, view: http://www.q1scientific.com

 

Shane Doran

Shane Doran is founder and Co-Managing Editor of News Now Media, incorporating KilkennyNow.ie, WaterfordNow.ie and WicklowNow.ie. He is a former newspaper editor who has held senior executive roles across five national newspaper titles, both broadsheet and tabloid. He was News Editor and Executive Editor of the Irish Independent for more than seven years and spent a number of years in South Africa where he worked as editor of The Daily Voice newspaper. Shane has held senior editorial position with The Sunday Independent, The Herald and The Irish Daily Star and has served as Executive Editor (Group) of Independent News & Media (INM), Ireland’s largest newspaper group.

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