Onyx, based in Sunderland, supplies pharmaceutical and biotech companies with research services to help them develop new drugs. Most of its business comes from making chemicals for use in research and development. The company says that seven of the world’s 10 largest pharmaceutical companies are customers, and partners include several leading British universities where Onyx sponsors PhD students. Sales have grown 180% a year from an annualised £287,000 in 2001 to £2.2m in 2003.
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