AAIPharma Services Appoints Vice President of Packaging Services

AAIPharma Services Appoints Vice President of Packaging Services

WILMINGTON, N.C., Dec 20, 2011 (BUSINESS WIRE) -- AAIPharma Services Corp., a leading provider of pharmaceutical product development services, announced today that it has appointed Kevin Flanagan to vice president of packaging services, where he will oversee the company's Packaging and Distribution functions at the Wilmington headquarters. Flanagan joins the firm from Compass Pharma Services, a ventured-backed pharmaceutical contract packaging firm, where he served as president.

"I am delighted to have an executive of Kevin Flanagan's caliber join the AAIPharma team," said Patrick Walsh, Chief Executive Officer of AAIPharma. "Kevin's deep knowledge of the packaging industry, particularly in the design and distribution of pharmaceutical products, will be a huge asset to AAIPharma as we expand and enhance our business offerings."

Flanagan brings more than 30 years of experience in the pharmaceutical packaging components and contract packaging services industries. He founded National Packaging Systems, a manufacturing company that specialized in the design, packaging and distribution of clinical trial supplies, in 1998. National Packaging Systems was acquired by Corning, Inc., where Flanagan became part of the group from Corning Pharmaceutical Services that formed Covance. Flanagan also held leadership roles at PA Early Stage Partners and Research Trials LLC.

Flanagan received his bachelor of arts from Villanova University. He is a recipient of both the Ben Franklin Technology Center Innovation Award for Entrepreneurial Achievement and the Greater Philadelphia Venture Group Entrepreneur of the Year Award.

About AAIPharma Services Corporation

AAIPharma Services Corp. is a leading provider of contract services that encompass the entire process of pharmaceutical drug development from discovery through commercialization. The company's wide array of capabilities includes analytical chemistry, formulation development, material testing services, microbiology, and clinical and commercial contract manufacturing and packaging. AAIPharma Services serves more than 500 clients around the globe. It is headquartered in Wilmington, North Carolina. For more information on the company, visit www.aaipharma.com .

SOURCE: AAIPharma Services Corporation

Joe Poulos, 312.240.2719