Devices & Diagnostics

The biotechs that top Deloitte’s Fast 500 Tech: Boston Heart Diagnostics, Novavax and more

Deloitte recently released its 2014 Technology Fast 500 Rankings, and biotech companies ranked third-quickest in growth following software and internet firms. The biotech industry, over all, grew 940 percent this year – the lowest it’s been, actually, in the past decade. Last year, for instance, the it grew 2,723 percent, in 2012 it was 3,734 – the […]

By Meghana Keshavan on November 19, 2014 6:30 am

Deloitte recently released its 2014 Technology Fast 500 Rankings, and biotech companies ranked third-quickest in growth following software and internet firms. The biotech industry, over all, grew 940 percent this year – the lowest it’s been, actually, in the past decade. Last year, for instance, the it grew 2,723 percent, in 2012 it was 3,734 – the lowest since this year was in 2005, when growth was at 1,420 percent.

The fastest-growing life sciences company was Boston Heart Diagnostics – though last year, it ranked eighth. It was followed by Novavax and TherapeuticsMD. The top medical device companies were ZELTIQ Aesthetics, GenMark Diagnostics and TearLab Corp.

Deloitte published an infographic and a video about this year’s list as well as a sortable database full of information about the companies on the list. Here’s the complete list of biotechs:

And here’s the list of medical device firms that made the list: