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25/06/2013
Randox Secures Saudi Arabia Deal
Randox Laboratories has confirmed it has secured a multi-million pound deal with the Saudi Arabian Government.
The contract will see the Co Antrim firm supply cutting-edge laboratory equipment to the Ministry of Health.
The deal, which is worth at least £6m over the next five years, will result in the delivery of 50 of Randox's pioneering RX Daytona Plus analysers to hospitals across Saudi Arabia in 2013. There is also the potential for further orders next year.
Installation of the RX Daytona Plus analysers is already under way, and the Saudi Ministry of Health has agreed to purchase Randox reagents, the chemicals used in laboratory analysis, to run on the analysers.
Dr Peter Fitzgerald, Managing Director at Randox said: "With the G8 summit last week, there is emphasis on promoting Northern Ireland as a centre of innovation, as open for business, the success of Randox in Saudi Arabia is proof of this.
"Randox technology developed in County Antrim is recognised across the globe as revolutionary; of the highest quality; helping save lives every day; the deal with the Saudi Ministry of Health is further recognition of the quality of our products.
At Randox we commit more than a quarter of all revenue into research and development, keeping us ahead of the competition, contracts like this mean we can continue to do so."
(JP/CD)
The contract will see the Co Antrim firm supply cutting-edge laboratory equipment to the Ministry of Health.
The deal, which is worth at least £6m over the next five years, will result in the delivery of 50 of Randox's pioneering RX Daytona Plus analysers to hospitals across Saudi Arabia in 2013. There is also the potential for further orders next year.
Installation of the RX Daytona Plus analysers is already under way, and the Saudi Ministry of Health has agreed to purchase Randox reagents, the chemicals used in laboratory analysis, to run on the analysers.
Dr Peter Fitzgerald, Managing Director at Randox said: "With the G8 summit last week, there is emphasis on promoting Northern Ireland as a centre of innovation, as open for business, the success of Randox in Saudi Arabia is proof of this.
"Randox technology developed in County Antrim is recognised across the globe as revolutionary; of the highest quality; helping save lives every day; the deal with the Saudi Ministry of Health is further recognition of the quality of our products.
At Randox we commit more than a quarter of all revenue into research and development, keeping us ahead of the competition, contracts like this mean we can continue to do so."
(JP/CD)
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