CellPath were once again delighted to take away an award from the inaugural Powys Business Awards, held in October 2021.
The company won the Technology and Innovation Award, sponsored by Industry Wales, at a drive-in awards ceremony in Newtown. Organised by Mid Wales Manufacturing Group, the awards showcase business excellence across Powys.
CellPath now has over 100 employees and was rewarded for its investment, innovations and continued success when it added another Powys Business Awards accolade to its bulging trophy cabinet last Friday.
Dr Neil Haine, our Research and Development Director, said: “This award is testament to the hard work of CellPath’s employees. It means everything to be recognised by our peers.
“We have invested a lot in automation to keep up with demand. We must thank the Welsh Government and Business Wales for their support to help us acquire new equipment to take our business to the next level.”
The company’s R&D investment over recent years has resulted in the time taken to bring a new product to the market being slashed from up to three years to an average of just one year.
The strategic focus of the R&D team in 2021 has been the adoption of Industry 4.0, the Fourth Industrial Revolution, which focuses heavily on interconnectivity, automation, machine learning and real-time data analysis to drive the business forward.
Co-operative robots are now being integrated into the production process along with image recognition systems for packing and quality control to increase productivity by up to 165% and reduce waste by up to 95% for several key products. Sales of products packed using robotic cells are forecasted to increase by 80% this year due to growth in sales of existing products and the introduction of new product lines.
Due to the pandemic, UK laboratories were working at approximately 20% of their normal capacity on cancer diagnostics, prompting CellPath to focus more on equipment sales, which paid dividends.
Powys Business Awards judges said, “CellPath had demonstrated an ethos of technology and innovation throughout the company, continuously developing new and innovative products that contributed to growth in turnover and employees”.
“CellPath’s lead times from concept to production have reduced from 24-30 months to 12 months and engagement with new manufacturing techniques all contributed to them winning this year’s award in a closely contested competition,” they added.