Paraytec

Paraytec is a UK based scientific instrument company which specialises in designing, developing and manufacturing the award winning ActiPixtm brand of Ultra-Violet (UV) area imaging detectors. Paraytec’s unique systems use either single or multiplex capillary cartridges or specialised imaging cells for use in a variety of life science application areas; offering new insights and solutions to areas ranging from drug dissolution, molecular sizing and biopharmaceutical analysis to microfluidics detection. Paraytec’s innovative use of UV-imaging combined with the small sample sizes required and the reduced time it takes to get results is helping to increase the speed of advancements in academia, research and industry. Since 2005 Paraytec has grown rapidly to offer new insights and solutions to companies on a global scale. This success is attributable to Paraytec’s unfaltering dedication to exploit the latest technological advancements in dissolution. Through providing innovative technology Paraytec is enabling scientists and engineers alike to gain critical information about the dissolution of many substances, from nanoparticles to tooth enamel, with higher spatial resolution and accuracy than has previously been possible. Paraytec is also actively involved in research, with our contract research services using ActiPixtm technology readily available.
Type
Private
HQ
York, GB
Founded
2005
Employees
7 (est)-12%
Paraytec was founded in 2005 and is headquartered in York, GB

Paraytec Locations

York, GB

Paraytec Metrics

Paraytec Summary

Founding Date

2005

Total Funding

$1.01 M

Latest funding size

$1.01 M

Time since last funding

about 8 years

Investors

Paraytec's latest funding round of $1.01 M was in December 2008. In total, Paraytec has raised $1.01 M.

Paraytec Financials

Paraytec's revenue was £345 K in FY, 2015 which is 49.4% decrease from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

£674 K£681 K£345 K

Revenue growth, %

1.1%-49.4%

Cost of sales

£305 K£289 K£139 K

Gross profit

£369 K£392 K£206 K

Gross profit Margin, %

54.7%57.5%59.7%

Operating expense total

£445 K£584 K£440 K

Paraytec Company Life

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