Updated capabilities and continued growth reflect the brand’s modern approach to life sciences manufacturing
JERSEY CITY, N.J., November 7, 2022 (Newswire.com) – Apprentice, provider of one platform to turn molecules into medicine, today announced the release of new functionality to its Tempo Manufacturing Cloud and stellar Q3 growth despite a slowing economy.
The latest product release builds on Apprentice’s history of incredible innovation that brought the first cloud-native manufacturing system to life sciences. This product velocity has fueled Apprentice’s dramatic 1,157% growth rate, which was recognized in the top 10% of the Inc 5000 fastest-growing companies. In spite of economic uncertainty, Apprentice closed a remarkable Q3 that ended with 2.4x revenue growth year-to-date and 5x year-over-year revenue growth.
Innovating for the Future of Pharma
The latest release expands the Laboratory Execution System package, introduces new features to more easily build scalable procedures and batches, and adds robust integrations.
The updates include:
With these enhancements, Tempo can better serve the earlier preclinical and clinical stages of manufacturing and the production of new cell and gene therapies.
New Executive Hires to Bolster Growth
Building on a 99% employee retention rate quarter-to-date, the company welcomes three new tech industry veterans who bring deep experience from hyper-growth companies to bolster Apprentice’s upward trajectory.
Joining the Apprentice ranks are Tony Nigro as Chief Revenue Officer, TC Fleming as Chief Financial Officer, and Jennifer Kettner as General Counsel.
Together, this trio will capitalize on the transformation already underway within the life sciences to fuel the next stage of company growth.
About Apprentice.io
Apprentice helps life science manufacturers get treatments to patients faster by providing one platform to turn molecules into medicine. Our Tempo Manufacturing Cloud lets you scale up and out with unprecedented speed and accuracy. From preclinical benchtop to large-scale commercial manufacturing, Tempo keeps your global teams connected, empowered, and in sync. Learn how leading companies like Catalent, Synthego, and Bristol Myers Squibb are using Tempo to scale from drug discovery to patient delivery faster at www.apprentice.io.
Source: Apprentice.io