CAMBRIDGE, England, December 18 ERBI's Innovation inEnabling Bio-Technology Award 2008 was presented to Oxygen Healthcare Ltd(O2h) at the ERBI Winter Ball held at Duxford's Imperial War Museum. Thisaward recognises the role O2h has played in developing technologies thatfacilitate drug discovery and development.
"To receive recognition for innovation from an organisation that hoststhe largest bio cluster in Europe makes us extremely proud," said Sunil Shah,CEO and Head of Business Development who accepted this award from LadyArcher. "O2h was incorporated in 2003 and we have grown the companyorganically as owner-entrepreneurs from business plan," he added.
O2h, founded by brothers Prashant and Sunil Shah, is a 4+ year old,discovery services company. Its 90 employees work from a client projectoffice in Cambridge, UK and its operations in Ahmedabad India. The currentclients of O2h include several top 20 pharmaceutical and biotechnologycompanies in the US, Europe and Japan. The Indian operation enables O2h toprovide a high level of discovery expertise while its UK office providesproject management support. O2h has set a target of becoming the 'BestPerforming Discovery Services Company in the World' and has therefore set foritself the highest standards of performance with a particular emphasis onrapid interactive communications and delivery speed. The services includeFTE-based synthetic chemistry, Medicinal Chemistry, Computational Chemistry,Full services lab-units and ADME.
Commenting on the award, Prashant Shah, co-founder and COO of OxygenHealthcare said: "I am delighted that O2h has won this award, it is arecognition that drug discovery has become truly global and of the hard workthe team has put into ensuring fast results for our collaborations."
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SOURCE Oxygen Healthcare Ltd (O2h)