ProBioGen AG fastest growing life sciences company in Deloitte's Technology Fast 50 ranking
Berlin, Germany, 11 October 2007
With a cumulative revenue increase of more than 1,100 % over the past five years, the Berlin-based biotech company reaches rank 13 on this year’s Deloitte list of the fastest growing German technology companies.
As part of the award ceremony for the ‘Deloitte Technology Fast 50 Award’, this year's fastest growing German technology companies were announced yesterday evening in Frankfurt am Main. The rankings were based on the cumulative revenue increase over the past five years. ProBioGen AG achieved a growth of 1,118 % during this period, thereby positioning themselves on rank 13 among all participating German technology companies. ProBioGen is the fastest growing life science company on this year's list.
The Technology Fast 50 Award sponsored by Deloitte was presented for the fifth year in a row in 2007. Among more than 300 participating German technology companies from the IT, communications, renewable energy and life sciences sectors, the 50 fastest growing companies were honored for their commercial accomplishments.
"We owe this excellent ranking to our highly committed employees as well as our products and services which are exactly tailored to the needs of our customers," Michael Schlenk, CEO of ProBioGen comments. "We are internationally renowned for our expertise in the development of cell lines used to produce highly specific and innovative pharmaceutical products. Based on these capabilities, we were able to expand our customer base during the past years through our outstanding service performance. In addition, we develop and market our own products to ensure continued value creation in the future.