Celera Genomics is Highest Ranking Biotech Firm on Deloitte & Touche Technology Fast 500; Ranked Number 20, Celera Genomic's Five-Year Growth Rate was 26,785 Percent.Business Editors & Medical/High-Tech Writers BIOWIRE2K 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.--(BW HealthWire)--Nov. 14, 2001 Celera Genomics (NYSE NYSE See: New York Stock Exchange :CRA See Community Reinvestment Act. ), a biotechnology company with headquarters in Rockville, Md., was the highest ranking biotechnology company on the Deloitte & Touche 2001 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. . Celera Genomics had a five-year revenue growth rate of 26,785 percent, moving from $159,000 in 1996 to $42,747,000 in 2000. For the complete Fast 500 ranking, visit www.fast500.com. Celera Genomics, an integrated source of genomic and related medical information, is evolving to become a next-generation diagnostic and therapeutic discovery company. Visit Celera Genomics at www.celera.com. Celera Genomics is 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 30 on the Fast 500. The other is Number 22-ranked TriPath Imaging Inc., a biotechnology company based in Burlington, N.C. It had 25,212 percent growth. Its revenues grew from $129,000 in 1996 to $32,652,000 in 2000. TriPath Imaging is a cancer detection and prevention research and product development company. Visit TriPath Imaging online at www.neopath.com. "The biotechnology and medical sciences companies on the Deloitte & Touche Technology Fast 500 have proven they have the vision and dedication to reinvent the way medicine is practiced. Today, they rank among the fastest-growing technology companies in North America," said Mark Evans, managing director of Deloitte & Touche's Technology & Communications Group in San Jose. The top ranking company on this year's Fast 500 is eBay Inc. An Internet company based in San Jose, eBay (Nasdaq:EBAY) had a five-year revenue growth of 115,874 percent. Its revenues grew from $372,000 in 1996 to $431,424,000 in 2000. Visit eBay online at www.ebay.com. Fifteen Percent of Fast 500 in Biotechnology, Medical, Science and Manufacturing Biotechnology companies represent 8 percent of the Fast 500, down slightly from the 9 percent this category held for the 2000, 1999 and 1998 rankings. Medical, scientific and technical manufacturing companies comprised 7 percent, down from last year's 9 percent. Fifty-seven percent of the 2001 Fast 500 winners are in the software and communications industries. With 44 percent, software companies make up the greatest sector represented on the ranking. Communications companies comprise 13 percent, up from 9 percent in 2000 and computers & peripherals companies represent 6 percent. Internet companies comprise 15 percent, down from 17 percent in 2000, the first time this segment has decreased in three years. For the past two years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time percentage of Internet companies had doubled each year. Semiconductors, components & electronics companies account for 6 percent of the Fast 500. Winners Average 6,184 Percent Growth, Top Winners Average 93,496 Percent Overall five-year 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 2001 Fast 500 companies was 6,184 percent, a substantial increase over the 2000 Fast 500 companies' average growth of 3,956 percent. Percentages for the 2001 Fast 500 winners ranged from 824 percent to 115,874 percent, up from 2000's range of 593 percent to 71,257 percent. Combined, the top five winners' average growth rate was 93,496 percent, a substantial increase over the 2000 top winners' average of 59,367 percent. This year, Fast 500 winners had combined 2000 revenues of $86.2 billion, down from last year's combined 1999 revenues of $89.4 billion. Some large revenue companies that were on the 2000 ranking did not make the 2001 ranking, accounting for the reduced combined revenues. More Winners Based in Eastern U.S. Than in West for Third Consecutive Year For the third consecutive year, 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. is home to more Fast 500 winners than the West. Fast 500 winners in the Eastern United States make up 42 percent of the Fast 500 this year, down from 46 percent for 2000. The Northeast region has 23 percent of the winners, down slightly from 25 percent in 2000, while the Southeast has 19 percent, down from 21 percent in 2000. The West has 32 percent of the winners, up from 27 percent in 2000. It had 30 percent in 1999 and 35 percent in 1998. The top three winners are based in the West -- two in California and the other in Washington. California Home to 132 of Fast 500, 10 of the Top 20 Winners Based There California retains its title as home to more Fast 500 technology companies than any other state with 26 percent (132 companies) of the 2001 Fast 500 winners, up from 21 percent in 2000. 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 is home to 92 companies, while Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, has 40 companies. Three of the top 10 winners are based in Northern California. In addition to Number 1-ranked eBay and third-ranked Excite@Home Corp. (see above), top 10 Northern California-based companies also include BackWeb Technologies Inc., a San Jose communications company. Tenth- ranked BackWeb Technologies had a five-year average growth rate of 53,908 percent, with revenues of $71,000 in 1996 growing to $38,346,000 in 2000. Canada Has 9 Percent of the Fast 500, Including Two of the Top 15 Winners Canada boasts 9 percent of this year's winners, including two of the top 15 companies. Sixth-ranked Stratos Global Corp., a communications company based in Toronto with headquarters located in West Bethesda, Md., had a growth rate of 73,068 percent. Its revenues increased from $241,000 CD in 1996 to $176,335,000 CD in 2000. Fourteenth-ranked Dynex Power Inc., a components company based in Ottawa, had a growth rate of 45,651 percent. Its revenues grew from $117,000 CD in 1996 to $53,529,000 CD in 2000. 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 averaged 6,426 percent growth, up from 3,372 percent growth in 2000. This is the second year Canadian companies were eligible for the Fast 500. Their revenues were calculated in Canadian dollars. Qualifying Criteria for the Fast 500 The Fast 500 list is compiled from three sources: winners and candidates 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 1996 operating 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. Deloitte & Touche researchers examined financial statements to validate operating revenues. Entrants are public or private companies with headquarters in North America and must be a "technology company." About Deloitte & Touche Deloitte & Touche, one of the nation's leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms, provides assurance and advisory, tax and management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects services through nearly 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 The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for four consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP LLP - Lower Layer Protocol and related entities. Deloitte & Touche is the U.S. national practice 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. . Deloitte Touche Tohmatsu is a Swiss Verein A Swiss Verein ("Verein" is German for "Union") is a legal structure in Swiss law. It is similar to the Anglo-American voluntary association. Unlike Germany, a Swiss Verein does not need to be registered in order to have a separate legal personality. Most Swiss NGOs resp. and each of its national practices is a separate and independent legal entity. For more information, visit Deloitte & Touche's Web site at www.us.deloitte.com. Note to Editors: For a complete list of the Deloitte & Touche Technology Fast 500 winners for 2001 and past years, visit www.fast500.com. |
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