Member Article

Redx Pharma joins fastest growing UK businesses

Merseyside-based firm Redx Pharma has been highlighted by Sir Terry Leahy and Lord Young as one of Britain’s fastest up and coming businesses.

The company will join the ranks of the ACCELERATE 250 in Liverpool this month, which is a new business community for the fastest growing firms in the UK.

Redx Pharma develops therapeutic remedies using existing classes of drugs, which they structurally modify to create new proprietary medicines.

The business consists of three subsidiary firms across Liverpool and Frome, Somerset, including Redx Oncology, Redx Anti-Infectives and Redx Crop Protection.

The ACCELERATE 250 will meet for the first time next week at Britain’s first flagship festival for high-growth businesses.

Over 1,000 delegates are expected to attend, with speeches from Wikipedia founder, Jimmy Wales, Tech City UK chief, Joanna Shields and lastminute.com founder, Martha Lane Fox.

Neil Murray, chief executive of Redx Pharma, commented: “We’re pleased to have been acknowledged as part of a group which represents some of the UK’s most exciting high growth companies.

“The sector that we operate in, early stage drug research and development is experiencing significant structural changes as the major players in global pharma wrestle with the challenge of delivering new proprietary medicines.

“Their large scale consolidation and downsizing has opened the door to genuinely innovative companies like Redx. It’s good to see events like Accelerate 2013 supporting and recognising the contribution companies like ours can make to UK Plc and business growth in life sciences.”

Max Steinberg, chief executive of Liverpool Vision, said: “ACCELERATE 2013 will be a fantastic opportunity to showcase that the business world works best when it works together, with the ACCELERATE 250 embodying this collaborative spirit and we look forward to welcoming them to Liverpool.

“Members will have the opportunity to share their thoughts on how to make the successful transition from start-up to high-growth business.”

This was posted in Bdaily's Members' News section by Miranda Dobson .