DEERFIELD, Ill.--(BUSINESS WIRE)--OVATION Pharmaceuticals, Inc., a leading biopharmaceutical company based in Deerfield, Illinois, today announced that for the second year in a row, it has been named “Pharma Company of the Year – Small and Medium-sized Enterprises” at the 2007 Scrip Awards Night in London. The Scrip Awards competition recognizes the superior business performance of global pharmaceutical and biotechnology companies, as well as honors companies that contribute to the advancement of science and healthcare.