17/09/2012 - Oxford Immunotec Wins Place on The Sunday Times Hiscox Tech Track 100
Oxford, UK [Marlborough, MA]; 17 September 2012
Oxford Immunotec has been awarded a place on the prestigious Sunday Times Tech Track 100 league table. Ranking Britain's 100 private technology companies with the fastest-growing sales over the last three years, Tech Track 100 is compiled by Fast Track, the Oxford company that researches Britain’s top-performing private companies.
Commenting on the company’s inclusion in the top 100 list, Dr Peter Wrighton-Smith, Oxford Immunotec’s Chief Executive Officer, said, “We are delighted to have the success of the company recognised. Oxford Immunotec’s revenues have been growing at 60% per year over the last few years, driven by the sales of our diagnostic for Tuberculosis to an every-increasing list of countries. Exports now form almost 90% of our revenues, and with a global market for our test exceeding $1bn, we expect to continue to grow strongly in the years ahead.” He added; “To be one of only three life sciences companies in the list is a particular honour, and we are proud to be building a successful company on the foundation of making a significant difference to the global fight against Tuberculosis which remains a major public health threat worldwide”.
The Sunday Times Tech Track 100 league table was published in the Sunday Times yesterday.