Randox Health develops diagnostic solutions for hospitals, clinical, research and molecular labs, food testing, forensic toxicology, veterinary labs and life sciences.
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15 Facts About Randox Health
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In 2020, Randox Health was awarded nearly £500 million by the UK government to provide private-sector COVID-19 testing at the cost of about £49 per kit.
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Randox Health was established in 1982 by its owner, Peter FitzGerald, in Crumlin, Northern Ireland.
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Randox Health has sponsored the Grand National at Aintree racecourse since 2017.
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Randox Health was restructured in March 2020 to be ultimately held by Randox Ltd based in the Isle of Man.
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COVID-19 testing Northern Ireland The Times Manchester England Police Wales Owen Paterson United Kingdom6.
Randox Health stated this was "to support any future transfer of company ownership to future generations" but The Times noted that the move could help the company avoid paying millions in tax.
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In 2014 Randox Health acquired a laboratory in Manchester from Trimega Laboratories which had gone into administration.
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In March 2019 it was reported that former cabinet minister and Conservative MP Owen Paterson, who was a consultant to Randox Health, had helped to lobby the government to seek contracts for them.
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On 7 August 2020, the United Kingdom Medicines and Healthcare Products Regulatory Agency requested Randox to recall the Randox COVID-19 Home Testing Kit due to safety concerns in a measure it described as precautionary.
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In total, Randox Health was awarded £777m by the UK government for COVID testing and it provided 23 million tests.
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Randox Health moved from making a loss prior to June 2020 to a pre-tax profit of £275m the following year.
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The National Audit Office reported in March 2022 on the government's contracts with Randox Health, observing that "the documentation of the decision-making process for such large contracts was inadequate", and Government did "not document key decisions adequately when awarding a contract".
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An employee filed a lawsuit against Randox Health after being discriminated against because of his weight.
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Randox Health receives significant funding from Udaras na Gaeltachta, which is charged with industrial development in Irish-speaking areas.
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