A biotech startup already yielding 6.4%

Small, innovative companies that can sell their products around the world are exactly what Britain needs. And Tom Bulford's found an excellent example here, which he'll be keeping a very close eye on.

Last Wednesday I got the opportunity to meet the leaders of dozens of exciting small companies at the Growth Company Investor show in London. I left the Barbican centre heartened by these innovative companies that are succeeding in markets all over the globe. There were stories about takeovers and deals brewing, booming exports to China, product innovation and sales growth.

But the company that made the biggest impression on me was Bioventix (PLUS Markets: BVXP). This tiny business pays a very attractive dividend, generates a lot of cash and is not rated by the stock market. Forget what a company actually does when you find these characteristics, there is the potential to make money.

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Tom worked as a fund manager in the City of London and in Hong Kong for over 20 years. As a director with Schroder Investment Management International he was responsible for £2 billion of foreign clients' money, and launched what became Argentina's largest mutual fund. Now working from his home in Oxfordshire, Tom Bulford helps private investors with his premium tipping newsletter, Red Hot Biotech Alert.