THE FIRM WITH £440m CONTRACTS
THE lynchpin of Boris Johnson’s mass testing scheme Operation Moonshot is American company Innova Medical.
Formed in 2017 by private equity group Pasa Capital, its two contracts – to supply nearly 200million pregnancy test-style ‘lateral flow’ kits – are worth some £440million.
So how did it end up with enormous contracts to supply the British Government?
The answer lies in a terrace house in Wellingborough, Northamptonshire, the residence and office of Kimberley Thonger, 61, director of Disruptive Nanotechnology Ltd – whose last accounts, published in 2019, say it then had no reserves and debts of £2,368.
Mr Thonger once worked for DKNY shoes and Dr Marten’s and never previously had anything to do with healthcare.
In June he took on a co-director, Charles Palmer, 52, a surveyor who runs a property business in Harrow – the pair are understood to be friends.
Innova CEO Dan Elliott says he came across Mr Thonger through an organisation which deals with nanoparticles which are used in medicines. He agreed to help Innova negotiate the bureaucracy and trials it had to go through to win its Government deal.
Mr Thonger and Mr Palmer are the UK distributors of the Innova tests and will get ‘a few pence’ for every test sold – which will total millions.