Horizon Discovery attributes its revenue growth to maintaining its position at the forefront of the rapidly growing gene editing market and high-value contracts with leading industry partners and pharma companies.
Cambridgeshire, 18 November 2016 - Horizon Discovery today announced that it ranked number 41 in the 2016 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last four years. The company grew by 423 per cent during this period also achieving 2nd Fastest Growth Life Sciences Company in the UK.
David Cobb, partner leading the Deloitte UK Technology Fast 50, said: "The Deloitte UK Technology Fast 50 gives great profile to technology companies and is internationally recognised as being one of the most important business awards in the sector."
"The 2016 Deloitte UK Technology Fast 50 shows that tremendous growth rates are still possible, with software sectors showing particular strength, they have had the greatest amount of entries in the past four years."
"The Deloitte UK Technology Fast 50 awards are an opportunity for businesses to gain recognition for their successes and achievements over the last four years."
"Deloitte’s ranking of the 50 fastest growing UK technology companies generated over £884 million in total annual revenues in the year 2015/16, employing more than 7,100 people and recorded an average four-year growth rate of 1,240 per cent, according to Deloitte."
"The awards are an opportunity for businesses to gain recognition for their successes and achievements. This year’s ranking highlights the importance of being innovative, recruiting high-skilled talent and finding a niche product or service."