Sophion awarded the prize Entrepreneur of the Year 2010

Copenhagen, Denmark (November 26, 2010). Yesterday Sophion Bioscience A/S was awarded the prize as Entrepreneur of the Year 2010 in the category Life Sciences for the development and sale of the QPatch - the automated patch clamp system for testing thousands of drug candidates on ion channels.

Ernst & Young's competition - Entrepreneur of the Year - is the most prestigious contest on growth and a tribute to the most talented and innovative entrepreneurs in Denmark. The contest is distinct from others by focusing on the companies' ability to grow, and on soft values such as social involvement and the ability to inspire and involve the organization.

The award show took place in Bella Center in Copenhagen with around 700 guests, and Sophion competed against 11 other companies in the category Life Sciences.

The jury emphasized that Sophion's management, the shareholders and the employees have shown remarkable stamina, showing their value on the market. Sophion has succeeded in building a profitable company with excellent sales progress in a competitive niche market. Furthermore the jury emphasizes that Sophion is a good example of Danish biotech; a company in growth, where the investors can expect a reasonable profit.

Torsten Freltoft, CEO of Sophion Bioscience says, "We at Sophion are extremely proud receiving this prestigious recognition of the results we have achieved over the past years. I see this achievement as a result of our focus on high quality and close customer relations."