6 years ago
Gentronix Secures £750,000 Funding for Growth
Gentronix, a UK-based contract research firm, received £750,000 in third funding from the Northern Venture Capital Trust Funds (VCTs) managed by Mercia
The company intends to use the funds to create 30 new jobs and expand its capabilities and services
Gentronix provides toxicology testing services for various industries, helping major global brands conduct hazard and safety assessments.
ProblemHealthcare
"Companies that develop pharmaceuticals, agrochemicals, cosmetics, personal care and consumer products need to perform hazard and safety assessments, but this process is often expensive, time-consuming, and requires the use of large amounts of test substances."
Solution
"Gentronix offers toxicology testing services that are faster, more cost-effective, and require less use of test substances, enabling companies to efficiently perform hazard and safety assessments and meet regulatory requirements."