Aquapharm CEO wins entrepreneur award Published: 23 June, 2008
DR Andrew Mearns Spragg, founder and CEO of Aquapharm Biodiscovery, a Scotland-based marine biotechnology company, has been announced as the winner of this years Ernst & Young Scottish Entrepreneur of the year in healthcare.
The awards recognse Dr Mearns Spraggs entrepreneurial ambition in setting up Aquapharm as well as his pioneering and innovative work in developing new antibiotic compounds derived from the marine microbial environment.
The awards, held in Glasgow, celebrate those who are building and leading successful, growing and dynamic businesses. The independent judging panel included leading entrepreneurs and business figures.
Dr Mearns Spragg will now be put forward to represent Scotland in the national finals of the Entrepreneur of the Year 2008 programme.
Dr Mearns Spragg founded Aquapharm in 2000, when he was only 28, using grant money as he completed his PhD and post doctoral research. To date, he has raised more than £6 million in private equity and grant financing.
The company currently employs 17 staff from its base at European Centre for Marine Biotechnology, in Oban on the west coast of Scotland.
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