IPS Specials launched with three employees. Focused on the supply of unlicensed medicines (Specials) to independent pharmacies in the South East of the UK.
Won first buying group account for 50 pharmacies that ushered in a period of sustained organic growth.
IPS Specials became the sole occupant of current address and a special obtains service is added to the offer.
Injection of capital for growth from Elysian Capital Investment. Rebranding program completed and in-house marketing team established. Management structure and corporate governance instilled.
10th-anniversary celebrations on board the Silver Sturgeon. SAP and financial reporting capability implemented. Customer service and lab teams formalized.
Bespoke packaging and suspension boxes developed. Endorsement stickers introduced. Sales team expanded to national coverage.
Development of batch and import service offering. Launch of MyIPS online ordering system. Entry into hospital market.
IT solution moved to the cloud. New manufacturing facility opened, increasing production capacity 500%. MBO returns full ownership and control to management. HQ fully refurbished. 64 employees.
New growth strategy developed. Rebranding and new website project initiated.