Fluidigm Corporation today announced it ranked 185 on Deloitte’s Technology Fast 500™ list, which ranks the 500 fastest growing technology, media, telecommunications, life sciences, and clean technology companies in North America from 2007 to 2011. Fluidigm grew 489% during this period. Fluidigm was the fastest growing Life Sciences company in the San Francisco Bay Area, according to the Fast 500™ rankings. The Life Sciences category includes Biotechnology/Pharmaceutical, Medical Devices, and Scientific/Technical Instrumentation.
Fluidigm President and Chief Executive Officer Gajus Worthington attributes the company’s ranking and growth to life science researchers’ enthusiasm for Fluidigm’s industry-leading genetic analysis tools, which are used to explore the causes and characteristics of diseases at the level of a single cell.
“Researchers increasingly understand that analyzing genetics at the single-cell level is crucial. In order to make sense of challenges and opportunities in healthcare ranging from cancer treatment to stem cell therapy, essential information can only be uncovered by looking at the DNA and RNA of every individual cell in a sample, rather than averaging the data of all the cells in the sample,” said Worthington. “As the field recognizes the importance of single-cell research, they are turning to Fluidigm’s market-leading products because we provide fully automated, cost-effective tools to conduct this research. We believe there are essentially an unlimited number of cells that need this level of scrutiny, so we are confident single-cell genomics will continue to drive Fluidigm’s growth for the foreseeable future.”
Worthington added that Fluidigm is both delighted and honored to be recognized for its strong growth by being named to the Deloitte 2012 Technology Fast 500 list for the second year in a row. “It is a wonderful honor and we are thankful for this recognition of our performance to date,” said Worthington.
“The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy,” said Bill Ribaudo partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS). “As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of Fluidigm for this impressive accomplishment.”