Alexion Pharmaceuticals is Highest Ranking Biotech Firm on Deloitte & Touche Technology Fast 500.Business Editors and High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Nov. 16, 2000 Ranked Number 29, Alexion's Five-Year Growth Rate Was 13,690 Percent; Fast 500 Ranking Dominated by Computer, Software, Internet and Communications Firms Alexion Pharmaceuticals Inc., (Nasdaq:ALXN), a biotechnology company with headquarters in New Haven New Haven, city (1990 pop. 130,474), New Haven co., S Conn., a port of entry where the Quinnipiac and other small rivers enter Long Island Sound; inc. 1784. Firearms and ammunition, clocks and watches, tools, rubber and paper products, and textiles are among the many , Conn., was the highest ranking biotechnology or medical sciences company on the Deloitte & Touche 2000 Technology Fast 500, a ranking of the fastest growing technology companies in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Alexion had a five-year revenue growth rate of 13,690 percent, moving from $136,000 in 1995 to $18,754,000 in 1999. For the complete Fast 500 ranking, visit www.fast500.com. "We attribute our fast growth to both our shareholder support and our employees' ability to rapidly expand our drug development which now comprises two antibody products in eight clinical programs encompassing more than 3,000 patients," said Dr. Leonard Bell, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Alexion. Alexion is engaged in the discovery and development of therapeutic products aimed at treating patients with a wide array of severe disease states, including heart problems, rheumatoid arthritis rheumatoid arthritis Chronic, progressive autoimmune disease causing connective-tissue inflammation, mostly in synovial joints. It can occur at any age, is more common in women, and has an unpredictable course. and skin disorders. Visit Alexion online at www.AlexionPharm.com. Alexion was one of two biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. to rank in the top 50 on the Fast 500. The other is Number 50-ranked Trimeris Inc., a biotechnology company based in Durham, N.C. It had 9,593 percent growth, its revenues moving from $104,000 in 1995 to $10,081,000 in 1999. Trimeris is a development stage, biopharmaceutical company engaged in the discovery and development of novel therapeutic agents that block viral infection viral infection, n an infection by a pathogenic virus. A virus acts on the cell nucleus, taking over the genetic material within the nucleus and replicating itself. by inhibiting viral fusion with host cells. Visit Trimeris online at www.trimeris.com. The top ranking company on this year's Fast 500 is Primus Telecommunications Group Inc. (Nasdaq:PRTL PRTL Post-Registration Training and Learning ), a communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. with headquarters in McLean, Va. Primus had a five-year revenue growth rate of 71,257 percent, moving from $1,167,000 in 1995 to $832,739,000 in 1999. Visit Primus online at www.primustel.com. "Companies in the biotechnology and medical sciences field are reinventing the way medicine is practiced. Among the Fast 500 this year are inventive companies that are working toward treatments for viral infections, heart disease, glaucoma glaucoma (glôkō`mə), ocular disorder characterized by pressure within the eyeball caused by an excessive amount of aqueous humor (the fluid substance filling the eyeball). , skin disorders and much more," said Mark Evans, managing director of Deloitte & Touche's Technology & Communications Group in San Jose, Calif. "We applaud their vision, efforts and dedication to finding new treatments, medical technologies and, ultimately, cures." Medical, scientific & manufacturing companies comprised 9 percent of the Fast 500, up from last year's 6 percent. Companies in the software industry account for 46 percent, followed by Internet companies, which account for 17 percent. Communications companies represent 9 percent, while computer & peripherals companies account for 5 percent. Semiconductor, components & electronics companies account for 2 percent and other technology companies represent 3 percent of the Fast 500. Fast 500 Winners Average 3,956 Percent Growth in Five Years Overall growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. for all 500 Fast 500 companies was 3,956 percent. The 1999 Fast 500 average growth percentage was 4,998 percent. This year, Fast 500 winners had combined 1999 revenues of $89.4 billion. Five-year growth percentages for the 2000 Fast 500 winners ranged from 593 to 71,257 percent. Combined, the top five winners' average growth rate was more than 59,000 percent. 46 Percent of Fast 500 Winners With Headquarters in the Eastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Technology companies in the Eastern United States make up nearly half of the Fast 500 this year. The Northeast region has 25 percent of the winners, down from 37 percent in 1999, while the Southeast has 21 percent, up from 18 percent in 1999. Together, these two regions have nearly double the Fast 500 winners as the Western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century . 27 Percent of Fast 500 Winners Based in the Western United States The West has 27 percent of the winners. It had 30 percent in 1999 and 35 percent in 1998. Despite this decline, it still has more Fast 500 winners than any other individual region. This is the first time in the Fast 500's six-year history that none of the top five are based in the West, although three of the top 10 have headquarters there. As was the case on the 1999 ranking, the three top companies in the Western region have headquarters in Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern . Northern Calif. Holds its Own with Three of the Top 10 Winners California is still home to more technology companies than any other state on the Fast 500. Twenty-one percent (106 companies) of the 2000 Fast 500 winners are based there (Northern Calif. has 65 companies, while Southern Calif. has 41 companies). Three of the top 10 winners are based in Northern Calif., including sixth-ranked Yahoo! Inc., an Internet company based in Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif., which had 43,085 percent growth. Seventh-ranked PC-TEL Inc., a communications company based in Milpitas, Calif., had 39,844 percent growth. Tenth-ranked NVIDIA Corp., a components company based in Santa Clara, Calif., had 31,584 percent growth. Canada Stakes a Claim with Two of the Top 11 Winners Canadian companies This is a list of companies from Canada.
Directory: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Current Companies were eligible for the Fast 500 for the first time this year. Their revenues were calculated in Canadian dollars. Canada boasts 9 percent of this year's winners, including two of the top 11 companies, which are in the software and communications industries. Ninth-ranked Pivotal Corp., a software company based in North Vancouver North Vancouver, city (1991 pop. 38,436), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver, of which it is a suburb. Shipbuilding, woodworking, and the shipping of grain, lumber, and ore are the chief industries. , British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography , had a growth rate of 34,548 percent. Its revenues increased from $110,000 in 1995 to $38,251,000 in 1999. Eleventh-ranked Stratos Global Corp., a communications company based in Toronto, Ontario, had a growth rate of 27,560 percent. Its revenues grew from $527,000 in 1995 to $145,769,000 in 1999. Canadian companies averaged 3,372 percent growth (there are no previous years' benchmarks since this is the first year Canadian companies were eligible for the Fast 500). Fifty-six Percent of Fast 500 Winners are Publicly Traded Fifty-six percent of the companies on the Fast 500 are publicly traded, including 18 of the top 20 companies. Forty-four percent are privately held. Rising Stars -- 10 Fast-Growth Companies Less than Five Years Old As an accompaniment to the Fast 500, Deloitte & Touche also honors 10 "Rising Star" companies. These winners have accomplished fast growth and meet the criteria of being a technology company based in North America, but instead of being required to be in business for five years, they must be in business a minimum of three years. Topping Deloitte & Touche's first-ever "Rising Stars" list are: 1. CopperMountain Networks Inc., a communications company in Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif., with 53,323 percent growth 2. ITXC (Internet Telephony Exchange Carrier Corporation, Princeton, NJ, www.itxc.com) The largest IP exchange carrier in the world. ITXC was acquired by wholesale telco provider Teleglobe Bermuda Ltd. in 2004 and then by Videsh Sanchar Nigam Ltd. Corp., a communications company in Princeton, N.J., with 43,099 percent growth 3. Extreme Networks Inc., a computers/peripherals company in Cupertino, Calif., with 38,191 percent growth Qualifying Criteria for the Fast 500 The Fast 500 list is compiled from three sources: winners of Deloitte & Touche's 22 regional North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1995 revenues of at least $50,000 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. and $75,000 CD for the United States and Canada, respectively. Entrants are public or private companies with headquarters in North America and must be a "technology company," specifically defined as a company that produces technology, manufactures a technology-related product, is technologically intensive, uses technology in problem-solving, or devotes a high percentage of effort to research and development of technology. Fast 50 Programs Expand to Israel, Netherlands and Australia Deloitte & Touche is expanding its regional Fast 50 programs to Israel, the Netherlands, and Australia, in addition to its current international programs in Canada and the United Kingdom (England, Ireland and Scotland). Visit www.fast50.com for more information and deadlines for 2001 program nominations. About Deloitte & Touche Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for its innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for three consecutive years. Deloitte & Touche is part of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. , one of the world's leading professional services firms, with more than 90,000 people in more than 130 countries. About Deloitte & Touche's Technology & Communications Group The Technology & Communications Group is composed of service professionals throughout the world who have a wealth of experience serving technology and communications companies in areas including Internet, software, semiconductors, cable, publishing, communication utilities, networking, computers and peripherals, and related industries. These specialists understand the challenges that technology and communications companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte & Touche is a leader in providing strategic, financial, operational, and information technology assistance to its technology and communications clients. Note to Editors: For a complete list of the Deloitte & Touche Technology Fast 500 winners for 2000 and past years, visit www.fast500.com. |
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