SP Scientific

SP Scientific Overview

Company Headquarters: New York, US

Founded: 1971

Workforce: ~201

Company Working: SP Scientific manufactures laboratory and production scale freeze dryers, centrifugal evaporators & concentrators, environmental control chambers, thermal control system, glassware washers and dryers, laboratory glassware, and others. SP Scientific operates as a part of SP Industries, Inc. The company offers worldwide sales and service network with full product support including training and technical assistance. SP Scientific has ISO 9001:2008 registered production facilities in the US and Europe.

Strategy

SP Scientific focuses on launching innovative, differentiated, and high-quality products to address the unmet medical needs. Moreover, its long-term business strategy is to enter into strategic alliances as well as marketing and distribution agreements to expand its customer base. Moreover, the company focuses on strategic initiatives to generate awareness about its products. For instance, SP Scientific announced sponsorship of the 14th annual European freeze-drying seminar Lyoscopedia, held in the Congress Centrum (Würzburg, Germany) in March 2019.

Company Snapshot

201

Employees

1971

Founded

New York, US

Headquarters

SWOT Analysis

Strengths

Strong R&D
Customer-centric design of freeze dryers
Renowned base of customers

Weaknesses

Limited supply of raw materials
Limited focus on emerging countries

Opportunities

Expansion of geographical footprint
Partnerships and collaborations for product line expansion

Threats

High competition
Rapid technological changes
Changing regulatory environment

Key Developments

Date	Approach	Development
October 2019	Expansion	SP Scientific launched a UMass Lowell state-of-the-art, pilot-scale lyophilization facility. This facility includes a new SP Scientific S20 LyoConstellation production freeze dryer in Massachusetts, US.
January 2019	Product Launch	SP Scientific introduced LyoConstellation S10, S20, and S30, a series of advanced freeze dryers. The products utilize a configured-to-order mechanism for faster delivery freeze-drying cycle development and small-scale aseptic production.
June 2017	Product Launch	SP Scientific launched the LyoCapsule freeze dryer, a lyophilization instrument that delivers results comparable to larger R&D freeze dryers enabling a quality by design (QbD) approach to cycle development even when materials are highly expensive or limited in quantity. This addition aligns with the company’s mission to provide scale-up equipment and technology from R&D to commercial freeze-drying.

Product Offering

SP Scientific
- Freeze Dryers/Lyophilizers

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