This pharmaceuticals wholesaler, based near Glasgow, was founded by pharmacist and chief executive Nigel Kelly, 50, in 2000 to supply independent pharmacies in Scotland. The company now sells across the UK and Ireland, and has reciprocal trading agreements in 11 European countries — helping it to export to the Middle East, Africa and the rest of Europe. Last year, turnover rose 14% to £176.6m, despite the company’s exposure to currency fluctuations in the wake of the vote to leave the EU.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2017
Rank139
CompanyEthigen
ActivityPharmaceuticals supplier
LocationEast Kilbride
Sales £m176.6
Operating profit £m4
Main shareholdersAndrea Kelly (50%), Nigel Kelly (50%)
Staff261
Founded2000
Websitewww.ethigen.co.uk/company

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda