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Retrogenix staff meet the Queen at Buckingham Palace reception

Members of Retrogenix staff meet HRH the Queen at Buckingham Palace

Retrogenix is delighted to have participated in a reception for the winners of the Queen’s Award for Enterprise which was hosted by the Queen and the Duke of Edinburgh last week. Also in attendance at the event, which was held at Buckingham Palace, were other senior members of the royal family including the Princess Royal and the Earl and Countess of Wessex.

Retrogenix won its second Queen’s Award for Enterprise in April in recognition of its outstanding growth in international trade. Serving a niche market in pharmaceutical development, Retrogenix’s export sales now account for over 85% of the company’s total turnover. Each year, two delegates from winning companies are invited to attend the palace reception, with Donna Barnes (Core Technology Manager) and Elizabeth Kingsley (Scientific Communications) attending on Retrogenix’s behalf this year.

The Retrogenix technology identifies the specific receptors on the surface of human cells that are targeted by biological or pharmaceutical molecules. A previous winner of the Queen’s Award for Innovation in 2015, Retrogenix has removed a major bottleneck in medical research, drug discovery and safety assessment and is helping its pharmaceutical clients develop drugs which are safer and more effective across a range of diseases.

Co-founded in 2008 by scientists Dr Jim Freeth and Jo Soden, Retrogenix provides its screening service from specialized labs in the Peak District, UK, supported by a commercial team which operates in Europe and the US. The growth in overseas sales of nearly 75% over a two year period has largely been fuelled by expansion within the US sites of global pharmaceutical companies.

Jo Soden, Director of Retrogenix, said: “It’s a rare honour to receive the Queen’s Award for Enterprise for a second time and a real privilege for members of staff to have this fantastic and memorable opportunity of attending a reception hosted by the Queen.”

The Queen’s Award for Enterprise is the UK’s most prestigious acknowledgement of business performance, requiring the highest levels of excellence to be demonstrated for innovation, international trade, sustainable development, or for the promotion of opportunity through social mobility.