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Follow on Google News | Ttp Labtech - Leading The Way:TTP LabTech announces 25% revenue growth and a push on R&D
By: Clare Russell ‘This is a remarkable achievement given the current financial climate and is the third consecutive year that we have achieved double digit figures in revenue growth’ said Dr Jas Sanghera, Commercial Director of TTP LabTech Ltd. ’I attribute the success to the company’s unique range of products, coupled with the first class customer service that I believe can only be provided by an employee-owned company such as ours.’ Importantly, TTP LabTech’s global presence has expanded over this period to include offices in the UK, US and China, with strong distributor representation in other key markets such as Europe and Asia-Pacific. Considering the coming year, Dr Sanghera added ‘We have taken orders for a number of instruments in the first quarter of our financial year, and have put into place strategic initiatives that will hopefully allow us to keep this momentum in the current climate. To this end, we have also increased our R&D funding by 20% and we anticipate a new product launch for the drug discovery market within the next year. Furthermore, we intend to add a number of significant product enhancements to our existing portfolio, which demonstrates our continuing long-term commitment to providing superior products and support to our customers.’ About TTP LabTech Ltd Based near Cambridge, UK, TTP LabTech Ltd is a leading provider of development services to the international life science community. TTP LabTech’s development teams combine skills in chemistry, biology, and engineering to provide systems, products, and processes which are both innovative and practical. With offices in the UK, North America, and China the company is able to manage and support custom development projects for client companies in virtually all parts of the world. For more information visit: www.ttplabtech.com/ Media Enquiries: Alto Marketing Limited Clare Russell +44 (0)1489 557672 Email: clarer@alto- # # # Established in 2002, We’re marketers with a solid science foundation specialising in scientific and healthcare marketing. We put together campaigns to suit our clients’ requirements such as PR to a fully integrated campaign. End
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