Q1 Scientific founder and shareholder Louise Grubb. The Co Waterford company has been acquired by Cambrex.Q1 Scientific, a Co Waterford-based provider of stability storage services for the pharma, medical device and life science industries, has been acquired by Cambrex, a US contract pharma company, for an undisclosed sum.
“Q1 Scientific brings world-class capabilities to our ever-expanding portfolio of outsourced pharmaceutical services,” said Cambrex chief executive Tom Loewald. “This acquisition is a natural extension of our current offerings that will broaden and increase our expertise in this critical area, as well as our footprint in the European market.”
The company’s 20,000 sq ft facility in Co Waterford is validated to meet the specific storage requirements of any pharma projects, with options from -80 C storage up to +50 C, with a full range of humidity control. It has almost 40 walk-in stability storage chambers, reach-in freezers and stability units, and ultra-low temperature freezers for biologic therapies. It also provides sample management and transport services.
Ms Grubb founded Q1 Scientific in 2012, served as chief executive until 2019 and oversaw its expansion as it gained some of the world’s biggest pharma companies as clients. It was the first company in the pharma industry’s highly regulated stability storage sector to be established in Ireland.