Galway's Aerogen wins European award

Wednesday, August 03 16:02:48

Galway-based medical devices company, Aerogen, has won a Ruban d'Honneur award in the European Business Awards after recording annual growth of 30pc.

Employing 40 people, Aerogen specialises in the design, manufacture and marketing of aerosol drug delivery systems, mainly aimed at the critical care respiratory market.

Its high-end nebuliser products are used in acute care facilities in 65 countries throughout the world.

The European Business Awards recognise companies that excel in delivering innovation twinned with successful commercial results.

Last year, they showcased 100 Ruban d'Honneur recipients with a combined turnover greater than E766bn (6pc of EU GDP) and employing more than 3.5 million people.

"Aerogen has worked hard to establish a focused growth strategy which has enabled us to expand our business into new market areas, such as drug delivery partnerships, alongside our core product offerings. In fact, since our management buyout in 2008 we have quadrupled sales," said John Power, CEO of Aerogen.

Aerogen was the first to deliver a vibrating mesh technology to the intensive care hospital setting, the growth of which has been key to its progress. Through a structured diffusion strategy Aerogen's technology is used in a variety of settings, from critical hospital settings to home care, as well as enabling the technology to be used in drug delivery combinations.

The Galway company will join companies from across Europe, including two other Irish recipients, Realex Payments and Unicare Pharmacy, at a gala awards dinner to be held in Barcelona in November

Courtesy Business World