Paragon Bioservices, Inc. Wins The 2012 CMO Leadership Award

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BALTIMORE, Aug. 1, 2012 /PRNewswire/ -- Paragon Bioservices, Inc., a Baltimore-based CMO focused on the process development and manufacturing of biologics, announced today that it has been awarded The 2012 CMO Leadership Award for Quality, Reliability and Regulatory Compliance.

"These awards were developed to better serve pharmaceutical and biopharmaceutical executives in their vetting process of CMOs," according to Jon Howland, Vice President of Publishing, Life Science Leader magazine. "The awards represent the opinions of over 3,000 pharmaceutical and biopharmaceutical executives who have responded.  Only CMOs who are in the top 20% of each category qualify. It helps pharma companies to focus on potential CMO partners who can handle their projects and are considered reputable in the industry.  Since these awards are based on industry-leading research conducted by Nice Insight, it gives sponsors a much more informed basis for strategic decision-making."

"We are flattered that our customers hold us in such high regard," said Paragon CEO, Dr. Marco Chacón. "It certainly is a team effort. With over 20 years in the business, Paragon's scientists, engineers, quality systems personnel and project managers provide decades of collective experience working with biologics. And—with our recent expansion—we can take our customers from research and process development to GMP manufacturing for clinical trials and eventual commercial launch. All of us are very proud of this award."

ABOUT PARAGON BIOSERVICES, INC.
Paragon is a Contract Research & GMP Manufacturing Organization (CMO) delivering research, development and manufacturing services. Paragon's focus is biopharmaceuticals—including recombinant proteins, viral vectors, vaccines, VLPs, bacteriophage and stem cells. Our clients include pharmaceutical companies, biotechnology companies and federal agencies.

ABOUT LIFE SCIENCE LEADER
The vision of Life Science Leader is to be an essential business tool for life science executives. We are focused on staying connected with the key players and topics in the life science industry and making our magazine a must-read for our executive-level audience.

MEDIA CONTACTS
Jessica Strayer
Manager, Corporate Marketing & Media
Paragon Bioservices, Inc.
jstrayer@paragonbioservices.com
(410)975-4050

Tiberend Strategic Advisors, Inc.
Claire Sojda
csojda@tiberend.com
(212)827-0020

SOURCE Paragon Bioservices, Inc.