ProBioGen AG consecutively ranks among the fastest growing life sciences companies in Deloitte's Technology Fast 50
Berlin, Germany, 23 October 2008
For the second year in series, the Berlin-based biotech company is listed on Deloitte's ranking of the fastest growing German technology companies.
ProBioGen AG, a leading biotechnology company in cell engineering and production of biopharmaceuticals, today announced that the Company again ranks among the fastest growing technology companies in the ‘Deloitte Technology Fast 50 Award’. The rankings were based on the cumulative revenue increase over the past five years. ProBioGen AG achieved a growth of 385 % during this period, thus matching its success of 2007 and ranking number 2 of the fastest growing life sciences companies.
German technology companies from the IT, communications, renewable energy and life sciences sectors can apply for the award. On October 22, the 50 fastest growing companies were honored for their commercial achievements in a ceremony held in Düsseldorf, Germany.
"ProBioGen's consecutive ranking on Deloitte's Technology Fast 50 list reflects the continued commitment of our team, the constancy of our customer relationships and the progress of our products and services," commented Michael Schlenk, CEO of ProBioGen. "In addition to existing agreements, we have managed to significantly expand our customer base due to our outstanding expertise in the development of cell lines for the production of highly specific and innovative pharmaceutical products."