SME of the year Award…

Alloa BioTech Firm Lateral DX Win SME Of The Year Award 

Lateral Dx the lateral flow test specialists and Ceteris tenant based in Alloa, has won the SME of the Year Award at Clacks Business Week 2022. Clacks Business Week returned after a two-year break due to the pandemic. As part of the week, a new award, SME of the Year was created to recognise excellence in the local business community. In its inaugural year, the award celebrated the resilience demonstrated by local businesses in the face of the many challenges posed by Covid-19.

Lateral Dx demonstrated huge resilience when the pandemic hit. They had to adapt rapidly, expanding their premises and skilled team to react to the surging demand for their services. They’ve been able to maintain this momentum over the last two years. The business continues to go from strength to strength with new customers from across the UK, USA, Europe, and Asia. The company is part of an exciting growing biotech and rapid diagnostics cluster based here in Clackmannanshire.

The award itself was created by Alloa based charity, The Men’s Shed.

Richard Campbell, MD of Lateral Dx, said: “It’s great to receive this inaugural SME of the Year Award. I’d like to thank the team at Lateral Dx who have done all the hard work and Ceteris, Clackmannanshire Council and Scottish Enterprise for their first-class support. I’m confident there is a real opportunity to grow a strong diagnostics hub in the Clacks area if we can coordinate the necessary infrastructure, support, and training.”

Maggie Gorman, Business Gateway and Development Director at Ceteris, said: “A huge congratulations, to Lateral Dx, winner of the inaugural SME Business of the Year award.

The presence of a highly skilled biotech cluster in our area is very exciting. Lateral Dx has adapted quickly to a rapid spike in demand triggered by the pandemic, but their plans to thrive as we move on from the difficulties of the last few years mean they will continue to build and grow on their success.”

In memory of Carl Hodgson, former MD of Ceteris

The SME of the Year Award is dedicated to Carl Hodgson, former MD of Ceteris, who believed passionately in encouraging and supporting local businesses. It was his vision to introduce the award as part of Clacks Business Week. Carl sadly and unexpectedly passed away in December 2021, a few months before the event took place. The award will be one way that Ceteris can continue to honour his memory.