BWI: Ocimum Biosolutions is Amongst America’s Fastest-Growing Private Companies

Press release from Business Wire India
Source: Ocimum Biosolutions
Friday, August 21, 2009 01:03 PM IST (07:33 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Healthcare, biotechnology & pharmaceutical, Publishing & printing; Healthcare
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Ocimum Biosolutions is Amongst America's Fastest-Growing Private Companies


Gaithersburg, Maryland, United States, Friday, August 21, 2009 -- (Business Wire India) -- Ocimum Biosolutions, a leading integrated life sciences solutions company, has been listed in the third annual Inc. 5000, an exclusive ranking of the America's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy-America's independent-minded entrepreneurs.

Anu Acharya, CEO, Ocimum Biosolutions, said 'We are excited to be listed amongst the fastest growing companies by Inc. magazine. It has been an exhilarating, fast and progressive 8 years for Ocimum since our inception in 2001. It has been very pleasing looking back at our progress and efforts we have put in for adding value through our increasing range of truly integrated genomics solutions'.

'There is so much more to look forward to and we hope such genuine appreciation continues to come our way by doing what we do best which is letting our customers and community's needs define our priorities. We will continue to invest in bringing about innovative range of genomics solutions which will add value to our diverse customer base,' she added.

"Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate," said Inc. 5000 project manager Jim Melloan. "That's why our list is so eagerly anticipated every year."

Methodology

The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent - not subsidiaries or divisions of other companies - as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. To know more, please visit www.inc.com.

About Ocimum Biosolutions

Ocimum Biosolutions is a global integrated genomics services company with over 250 employees in Gaithersburg, MD in the US; Hyderabad, India; and The Netherlands. Ocimum provides comprehensive genomic reference databases, life science lab information management solutions, GLP-compliant microarray services and essential research consumables. Over 2/3rd of the top 25 pharma companies, leading research institutes and emerging biotech companies worldwide have chosen us as their preferred outsourcing partner and utilize our expertise for understanding underlying mechanisms of diseases, discovery and prioritization of gene targets and biomarkers.

Our global infrastructure, standardized procedures, capacity, expertise and highly skilled staff support drug development programs from pre-clinical target development and toxicogenomic assessment to clinical biomarker identification and patient stratification. In creating the world's largest commercial gene expression databases - BioExpress® and ToxExpress®, we have developed expertise and capabilities that are unparalleled in the genomic services industry. Ocimum has been consistently ranked as India's fastest growing biotechnology company and one of the fastest growing technology companies in Asia over the last four years by Deloitte Touche Tohmatsu.

For more information, please visit www.ocimumbio.com.



CONTACT DETAILS
Ms. Dhanya Menon, Ocimum Biosolutions, +91 (40) 66986700, pr@ocimumbio.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEALTHCARE, PUBLISHING, HEALTHCARE

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