Applied Process Technology, Inc. (AP Tech)
↗Elkton, Maryland, USA
Applied Process Technology (AP Tech) is a premier provider of high-purity process systems and engineering services specifically designed for the biopharmaceutical and life sciences industries. The company specializes in the design, fabrication, and automation of custom stainless steel and single-use bioprocessing equipment, including bioreactors, chromatography skids, and filtration systems.
AP Tech is recognized for its expertise in integrating complex mechanical systems with advanced automation and control software. In early 2024, the company was acquired by Sani-Matic, Inc., a move intended to expand their combined capabilities in sanitary process cleaning and high-purity manufacturing solutions for global pharma clients.
CLASSIFICATION
Company Type:CDMO
Therapeutic Areas:
Industry:Biotechnology
Sub-Industry:Bioprocess Equipment & Engineering
SIZE & FINANCIALS
Employees:51-200
Revenue:$10M-$25M
Founded:1994
Ownership:subsidiary
Status:acquired
FUNDING
Stage:Acquired
Investors:Sani-Matic, Inc., SunBridge Capital (via Sani-Matic)
PIPELINE
Stage:Commercial
Lead Drug Stage:N/A (Equipment Provider)
Modalities:Small molecule, mAb, Cell therapy, Gene therapy, Recombinant proteins
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Parent Company:Sani-Matic, Inc.
Acquired By:Sani-Matic, Inc. (2024-01-01)
Key Partnerships:Rockwell Automation (Control systems integration), Sartorius (Component integration), Repligen (Filtration technology collaboration)
COMPETITION
Position:Niche Player
Competitors:Cytiva, MilliporeSigma, ABEC, Sartorius Stedim Biotech, Pall Corporation
LEADERSHIP
Key Executives:
Tim Goucher - President & Founder
Elizabeth Falvey - Director of Quality and Regulatory Affairs
Scientific Founders:Tim Goucher
LINKS
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