Belfast Telegraph

Thursday 17 April 2014

54. Randox Labs

Managing director: Dr Peter Fitzgerald

Employment: 769

Turnover: £59.7m

Pre-tax profit: £2.6m

Randox Laboratories is a privately owned, research focused diagnostic and equipment manufacturing company. For nearly 30 years Randox has developed innovative diagnostic products and services that deliver significant benefits to patients and healthcare professionals.

Randox products support clinical decision making in a wide variety of fields, including biochemistry, oncology, virology, cardiovascular, inflammatory and infectious diseases. It exports more than 95% of its products.

Founded in 1982 by Dr Fitzgerald in a chicken shed at the back of his parents’ home, Randox has become one of the most innovative diagnostics companies in the world.

Diagnostic biochips, developed by Randox over the last 12 years, at a cost of more than £100m, have revolutionised the way laboratory testing is performed by performing multiple tests simultaneously. Randox reinvest a substantial proportion of income in research and development to constantly provide high quality diagnostic products.

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