Research Triangle Park, NC, November 13, 2009 – Novella Clinical was ranked #2 last week at the Fast 50 awards dinner and presentation, sponsored by the Triangle Business Journal and PricewaterhouseCoopers at the Sheraton Imperial. The annual awards recognize the 50 fastest growing private companies in the Triangle region of North Carolina and honors their entrepreneurial excellence and achievements. The nominees are ranked based on percentage of growth and profitability over a three year period.
"This is a fantastic achievement for Novella Clinical," says Richard Staub, President and CEO of Novella Clinical. "We were delighted to leap from the #38 position in 2008 to #2 last week."
Over the past year, Novella, a Clinical Research Organization specializing in conducting clinical trials using advanced technologies coupled with clinical expertise for biotechnology, medical device and pharmaceutical organizations, has seen its revenue grow by 39% during 2009. Novella has added over 300 employees to it’s workforce from 2008 – 2009.
Mr. Staub continues, "Novella’s growth is attributed to a number of factors including our eClinical roots, clinical expertise and global reach. But the number one driver is our people and their commitment and dedication to supporting our development clients by moving their products through the pipeline and getting them to market faster and into the hands of people who need them. Novella is well positioned for continued growth and expansion as we move into 2010 and beyond."
About Novella Clinical
For over a decade, Novella Clinical (previously PharmaLinkFHI) has been an active partner in supporting the medical device and biopharmaceutical industries with early phase through post-marketing development programs. From protocol development through final clinical study report, Novella integrates deep clinical expertise with industry-leading technologies and a proven approach to support, streamline and expertly resource the entire product development process. The company’s focus on quality customer service is reflected in its certification by Underwriters Laboratories on meeting global quality standards (ISO 9001:2008). For more information, visit www.novellaclinical.com.