Horizon Discovery is a revenue-generating life science group supplying research tools to organizations engaged in translational genomics research and the development of personalized medicines. Horizon serves various organizations including major pharmaceutical, biotechnology, and diagnostic companies as well as leading academic research centers. The Group core capabilities are built around its proprietary translational genomics platform, a high-precision and flexible suite of gene editing tools able to alter almost any endogenous gene sequence of human or mammalian cell lines. Horizon offers a portfolio of products, almost all of which are based on the application of gene editing to generate cell lines that accurately model the disease-causing mutations found in genetically based diseases. These ‘patients-in-a-test-tube’ are being used by customers to identify the effect of individual or compound genetic mutations on drug activity, patient responsiveness, and resistance, which may lead to the successful prediction of which patient sub-groups will respond to currently available and future drug treatments. In addition, it provides custom cell line and in vivo model generation services for research and bioproduction applications, quantitative molecular reference standards, in vivo disease models, and contract research and custom screening services.

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TypePublic
HQWaterbeach, GB
Founded2005
Size (employees)247 (est)+6%
Websitehorizondiscovery.com
Horizon Discovery was founded in 2005 and is headquartered in Waterbeach, GB
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Key People/Management at Horizon Discovery

Darrin Disley

Darrin Disley

CEO
Richard Vellacott

Richard Vellacott

Chief Financial Officer & Deputy Chief Executive Officer
Terry Pizzie

Terry Pizzie

Head of Commercial Operations
Heather Hayes

Heather Hayes

Head of Human Resources
Jurgen Harter

Jurgen Harter

Global Head of IT & Informatics
Jon Moore

Jon Moore

Chief Scientific Officer, Head of Translational Science
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Horizon Discovery Office Locations

Horizon Discovery has offices in Waterbeach, Wien, St. Louis, Cambridge and in 1 other location
Waterbeach, GB (HQ)
Cambridge Research Park Beach Dr
Wien, AT
3 Campus-Vienna-Biocenter
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Horizon Discovery Financials and Metrics

Horizon Discovery Revenue

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Horizon Discovery's revenue was reported to be £36.51 m in FY, 2017
GBP

Revenue (FY, 2017)

36.5 m

Gross profit (FY, 2017)

22.7 m

Gross profit margin (FY, 2017), %

62.1%

Net income (FY, 2017)

(9.7 m)

EBITDA (FY, 2017)

(8.2 m)

EBIT (FY, 2017)

(13.9 m)

Cash (31-Dec-2017)

28.1 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

6.6 m11.9 m20.2 m24.1 m36.5 m

Revenue growth, %

79%69%

Cost of goods sold

3.2 m5.4 m10.2 m11 m13.8 m

Gross profit

3.4 m6.6 m10 m13.1 m22.7 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

4.2 m18.5 m25.1 m6.1 m28.1 m

Accounts Receivable

1.4 m3.9 m7 m10.2 m16 m

Inventories

453 k1.3 m1.8 m2 m2.6 m

Current Assets

6.7 m25.8 m36.5 m20.6 m51.2 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(3 m)(5.9 m)(9.9 m)(11.4 m)(9.7 m)

Cash From Operating Activities

(2.2 m)(6.5 m)(11 m)(8.2 m)(13.9 m)

Cash From Financing Activities

3.7 m37.6 m24.3 m141 k77.6 m

Net Change in Cash

496.6 k14.3 m6.6 m(19.4 m)21.5 m
GBPY, 2017

Revenue/Employee

151.8 k

Financial Leverage

1.1 x
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Horizon Discovery Online and Social Media Presence

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Horizon Discovery News and Updates

Activist ValueAct raises stake in Horizon Discovery

Activist hedge fund ValueAct Capital has nearly doubled its stake in Horizon Discovery Group , buying an additional 7.5 million shares from Woodford Investment Management.

Horizon Discovery Group Plc: Interim Results for the Six Months Ended 30 June 2018

HORIZON DISCOVERY GROUP PLC (“Horizon”, “the Group” or “the Company”)
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Horizon Discovery Company Life and Culture

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