Ocimum Biosolutions, a leading integrated global genomics company, has been ranked Number 42 on the Deloitte Technology Fast 500 Asia Pacific 2009, a ranking of the 500 fastest growing technology companies in Asia Pacific.
The rankings are based on percentage revenue growth over three years. In addition to ranking on Deloitte’s Technology Fast 500, Ocimum ranked fourth on the Technology Fast 50 India Programme, which is a ranking of the 50 fastest growing technology firms in India.
Earlier this year the INC magazine listed Ocimum as one the fastest growing companies in North America. Ocimum offers a global genomics infrastructure that includes GLP compliant labs, gold standard databases, bio-repository and analytics on hosted data management platform. The company is building a state-of-the-art facility at their corporate headquarters in Hyderabad which will mirror the GLP and CLIA facilities available in Gaithersburg.
Anu Acharya, CEO, Ocimum Biosolutions said that the company has always let customers’ needs drive its priorities. As the pharma and biotech industry evolves, the need for a global genomics infrastructure is desired. Ocimum has all the elements and we have created an infrastructure where we take on complete accountability to create consistent data for our customers.”
“Our growing list of global customers, who have trusted us over the years, referred us as partners in their R&D efforts. This has helped us continuously expand our portfolio and offer unique range of integrated solutions,” she added.
“Being one of the 500 fastest growing technology companies in Asia Pacific is an impressive accomplishment. We commend Ocimum Biosolutions for making the Deloitte Technology Fast 500 Asia Pacific with a phenomenal 663% growth rate over five years,” said Yoshitaka Asaeda, partner in charge of Deloitte’s Technology Fast 500 Asia Pacific program.
Technology Fast 500 Asia Pacific Selection and Qualifications The Technology Fast 500 list is compiled from Deloitte’s Technology Fast 50 Asia Pacific programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had first year operating revenues of at least US$50,000.
Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that owns proprietary technology that contributes to a significant portion of the company’s operating revenues; Manufactures a technology related product, or devotes a significant proportion of revenues to the research and development of technology.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries.