Gamble of the week: Life-saving pharma

This small-cap pharma is set to benefit from NHS cost-cutting with its innovative cancer-screening technology, says Paul Hill.

According to Cancer Research UK, there are more than 273,000 fatalities annually worldwide from cervical cancer. But, helped by excellent screening regimes, mortality rates in Britain are almost 70% lower than they were 30 years ago.

One company at the forefront of this improvement is Source Bioscience. It is already Britain's largest provider of cervical cancer screening for the NHS, serving nearly half the domestic market. In 2011, its cytology service conducted 1.8 million tests for GP surgeries, clinics and NHS laboratories across England and Wales.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.