MedImmune Named One Of Maryland's Fastest Growing Technology Companies In Deloitte Technology Fast 50 Program
October 12 2005 - 8:00AM
PR Newswire (US)
GAITHERSBURG, Md., Oct. 12 /PRNewswire-FirstCall/ -- MedImmune,
Inc. has been named to Deloitte's Maryland Technology Fast 50
program for the ninth consecutive year. The Technology Fast 50 is a
ranking of the fastest-growing technology companies in the area by
Deloitte & Touche LLP. Rankings are based on the percentage
growth over five years from 2000-2004. "We are proud to again be
named by Deloitte & Touche as one of the area's fastest growing
companies," said Lota S. Zoth, MedImmune's chief financial officer.
"In 2004, MedImmune's core business continued to achieve solid
growth, with product sales surpassing $1 billion for the first time
in the company's history. We also made significant advances in our
clinical pipeline, with three programs moving into Phase 3
development." "Deloitte's Maryland Technology Fast 50 companies
have shown the strength, vision and temerity to succeed in today's
very competitive technology environment," said Andrew Harrs,
principal, Deloitte & Touche LLP in McLean, Virginia, and
southeast region telecommunications, media and technology practice
leader. "We applaud the success of MedImmune and acknowledge it as
one of the very few to accomplish such a fast growth rate over the
past five years." Along with Deloitte & Touche LLP, the
Maryland Technology Fast 50 program is hosted by Wilmer Cutler
Pickering Hale and Dorr. Media sponsors include PR Newswire and
WTOP Radio Network. To qualify for the Technology Fast 50,
companies must have had operating revenues of at least $50,000 in
2000 and $1,000,000 in 2004, be headquartered in North America, and
be a "technology company," defined as a company that owns
proprietary technology that contributes to a significant portion of
the company's operating revenues; or devotes a significant
proportion of revenues to research and development of technology.
Winners of the 15 regional Technology Fast 50 programs in the
United States and Canada are automatically entered in the Deloitte
Technology Fast 500 program, which ranks North America's top 500
fastest growing technology companies. For more information on the
Fast 50 or Fast 500 programs, visit http://www.fast500.com/. About
MedImmune MedImmune strives to provide better medicines to
patients, new medical options for physicians, rewarding careers to
employees, and increased value to shareholders. Dedicated to
advancing science and medicine to help people live better lives,
the company is focused on the areas of infectious diseases, cancer
and inflammatory diseases. With approximately 2,000 employees
worldwide, MedImmune is headquartered in Maryland. For more
information, visit the company's website at
http://www.medimmune.com/. About Deloitte Deloitte refers to one or
more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms,
and their respective subsidiaries and affiliates. Deloitte Touche
Tohmatsu is an organization of member firms around the world
devoted to excellence in providing professional services and
advice, focused on client service through a global strategy
executed locally in nearly 150 countries. With access to the deep
intellectual capital of 120,000 people worldwide, Deloitte delivers
services in four professional areas - audit, tax, consulting and
financial advisory services - and serves more than one-half of the
world's largest companies, as well as large national enterprises,
public institutions, locally important clients and successful,
fast-growing global growth companies. Services are not provided by
the Deloitte Touche Tohmatsu Verein, and, for regulatory and other
reasons, certain member firms do not provide services in all four
professional areas. As a Swiss Verein (association), neither
Deloitte Touche Tohmatsu nor any of its member firms has any
liability for each other's acts or omissions. Each of the member
firms is a separate and independent legal entity operating under
the names "Deloitte," "Deloitte & Touche," "Deloitte Touche
Tohmatsu" or other related names. This announcement may contain, in
addition to historical information, certain forward-looking
statements that involve risks and uncertainties. Such statements
reflect management's current views and are based on certain
assumptions. Actual results could differ materially from those
currently anticipated as a result of a number of factors, including
risks and uncertainties discussed in the company's filings with the
U.S. Securities and Exchange Commission. The company is developing
several products for potential future marketing. There can be no
assurance that such development efforts will succeed, that such
products will receive required regulatory clearance or that, even
if such regulatory clearance were received, such products would
ultimately achieve commercial success. DATASOURCE: MedImmune, Inc.
CONTACT: Media, Jamie Lacey, +1-301-398-4035, or Investors, Peter
Vozzo, +1-301-398-4358, or John Filler, +1-301-398-4086, all of
MedImmune, Inc. Web site: http://www.medimmune.com/
http://www.fast500.com/
Copyright