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The life sciences research industry is experiencing unprecedented global economic challenges and fundamental structural changes.
  With increasing pressure from regulatory bodies, patent expiry, lobbying groups and the healthcare providers. When added to a challenging global economic situation, it has created an environment of lower growth and increasing demands on R&D productivity.
  In response, our customers are certainly looking to improve the productivity and return on investment on their R&D operations. Moreover they are also looking for new ways of working and are more open to innovative solutions that transform the way they approach R&D challenges.
 

Within this macro environment we see three industry strategies emerging that will provide excellent opportunities for TAP in the medium to long term:

 
  • A drive to develop more products for clearly defined patient populations, so less reliant on blockbuster products.
  • A move into new growth areas such as vaccines, biopharmaceuticals and stem cell therapies.
  • A search for more external collaborations between the top pharma / biopharma companies and academic groups, smaller biotechnology companies and technology providers.
  As a leading supplier of systems with a unique mix of applications and engineering experience TAP is in a strong position to capitalise on these strategic trends.
  Our track record speaks for itself, we first introduced automated cell culture systems 20 years ago, followed soon after by the early large-scale automated compound management systems and high throughput screening platforms. More recently we developed DNA stores, large scale biobanks and parallel processing of suspension cells in T-Flasks.
  Since 2007 we have taken this industry know-how and applied it to a new generation of innovative cell processing and cell culturing benchtop products. Our strategy is to continue developing a portfolio of mid-sized products targeted at three significant growth areas: biologics, regenerative medicine and advanced screening.
  For example, 2010 will see the launch of ambr our new small scale (10-15ml) disposable bioreactor that will transform the way biopharma companies approach their cell line development and optimisation activities.
  As well as producing innovative products, TAP continues to work with pharma and biotech customers to develop novel custom automation solutions across a broad range of applications but particularly within the regenerative medicine, bioprocessing and advanced screening fields. We will also provide product development services for European SMEs looking for help in moving their early stage technologies to full production and launch. A good example is our collaboration with Cellectricon to develop an automated ion channel screening system.
  The next three to five years promises to be an exciting time for TAP. We rely on the quality, creativity and energy of our staff in the UK and USA to innovate and develop new products and services and provide a first class service experience for our existing customers. It is the TAP team that leads the successful development of market leading solutions and it is my aim to maintain a culture in which our people feel valued, energised and rewarded for their ideas and contribution to our success.
  David Newble,
Chief Executive Officer
   
 
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