Tech Track 100

This company began in 2005 as Bath ASU, a spin-out from Bath University, led by co-founders Richard Wastnage, 52, Christopher Watt, 49, and Maria Watt, 47. It prepares specialist medicines individually tailored to patients’ needs, such as chemotherapy doses. In 2010 the group launched a sister business, Pharmaxo, which provides traditional pharmacy and hi-tech homecare services. It has developed what it says is the single biggest aseptic clean room in the UK, a move that helped to boost the group’s sales to £87.9m last year.

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Company details
CompanyQualasept Pharmaxo
ActivityPharmaceuticals manufacturer
Average 3 year sales growth76.95%
Latest sales £000s87,857

If applicable:

* supplied by company † annualised figure