Ocimum Ranks 55th in Deloitte Technology Fast 500 Asia-Pacific 2005
News Jan 12, 2006
Ocimum Biosolutions has announced that it has been ranked 55th amidst the 500 fastest growing technology companies of repute across the Asia-Pacific region by the Deloitte Technology Fast 500 Asia-Pacific 2005 Program.
The full list of Asia Pacific's 500 fastest-growing technology companies was announced during the Deloitte Touche Tohmatsu ("Deloitte") Technology Fast 500 Asia Pacific 2005 ceremony held recently at The Grand Hyatt, Hong Kong.
The Deloitte Technology Fast 500 Asia Pacific program recognizes public and private companies across the Asia Pacific regions that have achieved the fastest rates of annual revenue growth during the past three years.
Ocimum Biosolutions also has the distinction of scoring 4th rank in the Deloitte Technology Fast 50 India 2005 Award, again a program based on a three year average percentage revenue growth which ranks the 50 fastest growing technology companies by geographic region.
This Fast 50 program supplements the broader Deloitte Technology Fast 500 initiative in that the winners typically become automatically eligible to participate in the Fast 500.
Anuradha Acharya, CEO, Ocimum Biosolutions, said, "We at Ocimum have just started on our growth track and this recognition by deloitte is very encouraging for us as we look forward to attaining our desired results."
As genome editing technologies advance toward clinical therapies, they are raising hopes of a completely new way to treat disease. However, challenges need to be addressed before potential treatments can be widely used in patients. To tackle these challenges, the National Institutes of Health has launched the Somatic Cell Genome Editing program, which has awarded multiple grants including more than $3.6 million to assess the safety of genome editing in human cells and tissues.