Case study

M2M Pharmaceuticals – Driving Economic Growth and Job Creation with Berkshire Growth Hub

M2M Pharmaceuticals has become a beacon of economic growth and job creation, thanks in large part to its collaboration with Berkshire Growth Hub.

This enhancement was also not made possible without Wokingham UKSPF Funding.

M2M Pharmaceuticals, founded in 2016, is a platform that takes pride in helping its clients to develop better medicines which are safer, developing faster and economical. Quality ensured, simple, flexible, productive, on time delivery and cost effectiveness. They have a brand new fitted State-of-the-art laboratory facility at the Winnersh Triangle Business Park in Reading, and are looking to expand.

M2M Pharmaceuticals have rapidly gained a reputation for its cutting-edge research in developing life-saving medications. The company’s success, however, isn’t just confined to the lab. From its inception, M2M Pharmaceuticals had a vision of contributing to the local economy, recognizing that business growth should go hand-in-hand with community development.

By 2022, M2M Pharmaceuticals had reached a critical juncture. With several promising drugs in the pipeline, the company was poised for expansion but needed expert advice and strategic support to ensure sustainable growth. Enter Berkshire Growth Hub, a regional business support organization known for helping SMEs scale and thrive.

As M2M Pharma is trying to reach next level of its business growth, it approached Thames Valley Berkshire Growth Hub for advice and suggested pathways. I met Tony back in 2018 and since then we worked closely to improve and develop our services. This led to us winning the King’s Award for Enterprise 2024 in International Trade within only 8 years of our operation with 7 colleagues. Our foot hold in international market is increasing exponentially and getting coaching from Tony helped enormously – I can only see this relationship growing as we plan for future growth.

– Dr Mridul Majumder, Founder and Director of M2M Pharma

With the help of Tony Cross, Berkshire Growth Hub adviser, Mridul was able to employ more people and expand his company, now looking at international coverage:

I am pleased to say Mridul has just recorded a record month for sales which exceeded £100k for the first time. This comes on the back of their recent international trade business award. I encouraged Mridul in our last meeting to seize the opportunity to make his first, senior hire, that of an Operations Manager effectively a number 2. He has also taken on 2 graduates, one full (a replacement), and one part-time, to work as technicians.

M2M Pharmaceuticals’ partnership with Berkshire Growth Hub is a testament to the power of collaboration in driving business success and economic development. By leveraging the expertise and resources of Berkshire Growth Hub, M2M Pharmaceuticals not only expanded its operations but also made a lasting impact on the local community through job creation and economic contribution.

For more information on how the Berkshire Growth Hub team can help support your business, through masterclasses or one to one support, please contact them here.

Visit: https://m2mpharma.com/

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