Nov. 23, 2009

St John’s tenant – Pathology Diagnostics Ltd wins regional award

Pathology Diagnostics Ltd. has won the 2009 ERBI Biotech and Medtech award for best Start Up Company,  which is sponsored by the East of England Development Agency.

Pathology Diagnostics Ltd. provides a one-stop solution for human tissue diagnostics, delivering specialist tissue laboratory and diagnostic services to biotechnology, pharmaceutical and contract research organizations to support drug and biomarker development.  From target identification to clinical trials, Pathology Diagnostics Ltd. provides a unique breadth of scientific and medical consulting laboratory and diagnostics expertise.  Founded in 2008, by Dr Madhuri Warren MA PhD, MBBChir, FRCPath, the company’s diagnostic centre is based in Cambridge at the SJIC and is fully accredited and board certified in human diagnostic pathology and operates with UK GLP and international QA standards.  

Our business philosophy is to provide a quality reputable service that clients can trust in. The additional company strengths are its extensive experience of across the breadth of basic science and pathology; ability to respond rapidly to client deadlines; standardisation and consistency of service; complete confidentiality and competitive pricing.

The scale of the market opportunity is vast. The global market for human tissue is estimated at £350 million and is growing at a rate of 20 - 30% per year; the global biomarkers market is projected to reach £9 billion by 2010. Pathology Diagnostics Ltd. has shown phenomenal first year growth driven by client demand. This has been achieved through a business strategy of organic growth without extensive upfront equity investment – a strategy that has proved optimal in the current business climate.

ERBI is a not-for-profit membership organisation based in Cambridge, which provides a platform for its member life science and healthcare companies to meet, interact and internationalise their businesses.  Founded in 1997, it has become Europe's leading lifescience and healthcare cluster organisation.

See www.pathologydiagnostics.com for further details.