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Nephron Named One of South Carolina’s Top 3 Fastest-Growing Businesses

WEST COLUMBIA, S.C. – S.C. Biz News recognized Nephron Pharmaceuticals Corporation as one of South Carolina’s top three fastest-growing businesses during a celebration on Thursday in Columbia. 

“South Carolina is open for business,” said Nephron CEO Lou Kennedy. “Thanks to the competitive environment for business development in our state, companies like ours have a better opportunity to flourish than anywhere else. We are grateful to be recognized as one of the fastest growing businesses in South Carolina. But, as our employees will tell you, we are just getting started.”
 
Earlier this year, twenty large companies and 20 small companies were named to the statewide list of fastest-growing businesses presented annually by S.C. Biz News – a recognition based on both dollar and percentage increases in revenue from 2017-2018.

In order to qualify for one of S.C. Biz News’ awards, companies must have a physical presence in South Carolina and be a for-profit entity or a nonprofit organization. 

S.C. Biz News determines company size by gross revenue: A small company does $10 million or under in revenue. Large companies generate more than $10 million in revenue. Small companies must have had revenues of at least $500,000 each year for the years 2016, 2017 and 2018.

Profiles of the winning companies will be published in the winter issue of S.C. BIZ magazine.

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ICYMI: The Robot Takeover

A West Columbia-based pharmaceutical company says it is partnering with the University of South Carolina to ramp up the company’s operation of filling syringes with medication. 

The old-fashioned method is to fill syringes by hand in a sterile setting. Nephron Pharmaceuticals says automating that process is more sterile and more accurate. 

Researchers at the university’s College of Engineering and Computing will work out of a new robotic compounding lab at UofSC’s aerospace center. Compounding is the process of combining drugs to create specialized medications. 

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