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Precision Therapeutics Named on Inc. 500|5000 2011 List and Recognized for Achievements in Personalized Medicine Industry
Date:8/23/2011

PITTSBURGH, Aug. 23, 2011 /PRNewswire/ -- Inc. Magazine has ranked Precision Therapeutics 293rd on its prestigious list of the 500 fastest growing privately owned companies in the U.S. with a three year annual compound growth rate of 79 percent. This award recognizes the significant accomplishments of the fastest-growing privately held entrepreneurial companies in America, whose performances have established them among the best in their industries.  Precision was recognized as one of the top 31 companies in the healthcare industry.

There are nearly 7 million private, employee-based firms in America, and only the very best are awarded the distinction of being named to the Inc 500|5000, the gold standard of entrepreneurial success according to Inc.com. Precision Therapeutics and the other Inc. 500 Honorees are responsible for collectively generating more than 36,000 jobs over the past three years, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy.  

"We are very excited to be ranked as one of the top 30 companies in the health category of the Inc. 500," said Sean McDonald, CEO of Precision. "The work we do to support physicians and patients in the treatment of cancer is important and rewarding. This list reflects not only the success of Precision Therapeutics employees but the commitment Pittsburgh has made to supporting healthcare and the life-science industry."

The 2011 Inc. 500|5000 will be available online at Inc.com on August 24, 2011, and the magazine's September issue will hit the newsstands around that time. For more information, please visit www.inc.com/5000.

Precision Therapeutics commitment to cancer care was further recognized by several other regional and national organizations for significant achievements in the life-science industry. Precision has recently been recognized by The Pittsburgh Business Times as
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SOURCE Precision Therapeutics
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