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Deloitte Announces 2010 Technology Fast 500™ Rankings

st 500™.  These 87 companies had an average growth rate of 4,569 percent from 2005 to 2009.  The impressive average growth rate of biotech/pharma is demonstrated by having five biotech/pharma companies in the top 10.  These companies are Affymax, Inc. (ranked second), BioCryst Pharmaceuticals, Inc. (ranked fifth), Alexion Pharmaceuticals, Inc. (ranked seventh), Onyx Pharmaceuticals, Inc. (ranked ninth) and Celldex Therapeutics, Inc. (ranked 10th).  

The percentage of companies from industry sectors are represented on the Technology Fast 500™ as follows:

  • Software (38 percent)

  • Sector leader: Varicent Software Incorporated

  • Biotech/Pharma (18 percent)

  • Sector leader: Affymax, Inc.

  • Communications/Networking (11 percent)

  • Sector leader: Hughes Communications, Inc.

  • Internet (9 percent)

  • Sector leader: LeadQual, LLC

  • Medical Equipment (7 percent)

  • Sector leader: Genoptix, Inc.

  • Computers/Peripherals (5 percent)

  • Sector leader: PlumChoice

  • Clean Tech (4 percent)

  • Sector leader: Ener1, Inc

  • Scientific/Technical Instrumentation (3 percent)

  • Sector leader: Insulet Corporation

  • Semiconductor (3 percent)

  • Sector leader: Entropic Communications, Inc.

  • Media and Entertainment (2 percent)

  • Sector leader: SIRIUS XM Radio Access to Capital Is a Key Success FactorA majority -- 57 percent -- of the winners are public companies that have successfully raised capital through the public market.  Furthermore, 20 percent are private companies with a history of venture capital funding.  In a survey of the 20

    SOURCE Deloitte
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