Frost & Sullivan Recognizes Excellence in Healthcare Innovation

Published: 17 Nov 2008

Distinguished Companies to Usher in New Era in Healthcare

MOUNTAIN VIEW, Calif. – November 17, 2008 Frost & Sullivan, the Growth Partnership Company, honored healthcare companies for demonstrating leadership and innovation Wednesday, November 12, 2008 at the Excellence in Healthcare Awards Banquet held in San Antonio, Texas.

“We are honored to recognize these companies for their effective strategy and leadership in the healthcare industry,” stated Art Robbins, President, North America, Frost & Sullivan. “On behalf of the analyst team that selected these recipients, we are confident that a new level of care will result from these companies' dedication to innovation in the diagnosis, treatment, and management of disease and illness, leading to more favorable patient outcomes.”

The Healthcare Innovation Awards are given to companies that have made a significant contribution to the delivery and management of healthcare. Such companies have shown success at meeting the needs of patients and other stakeholders in the healthcare industry by championing treatments, while striving for pioneering products, practices, technology, and ideas.

Awarded companies and individuals included:

Dr. Ralph Snyderman - 2008 North American Healthcare Lifetime Achievement Award
Angioblast Systems, Inc. - 2008 North American Stem Cell Technology Innovation of the Year Award
Athersys, Inc. - 2008 North American Stem Cell Product Innovation of the Year Award
Baxter BioPharma Solutions - 2008 North American Contract Manufacturing Customer Service Leadership of the Year Award
bioMerieux, Inc. - 2008 North American Rapid Pharmaceutical Manufacturing Microbiology Tests Market Leadership Award
Boston Scientific - 2008 North American Drug Eluting Stents Market Leadership Award
Capsule Technologie - 2008 Global Patient Monitoring Technology Leadership Award
Celsis International plc - 2008 North American Rapid Pharmaceutical Manufacturing Tests Growth Strategy Leadership Award
ConforMIS - 2008 North American Medical Device Healthcare Innovation Award
ConvaTec - 2008 North American Advanced Wound Management Growth Strategy Leadership Award
CorMatrix Cardiovascular, Inc. - 2008 North American Cardiovascular Disease Treatment Healthcare Innovation Award
DiscoveRx - 2008 North American Preclinical Tools in Drug Discovery Healthcare Innovation Award
DPT Laboratories - 2008 North American Pharmaceutical Contract Research & Manufacturing Services Healthcare Innovation Award
Eyegate Pharmaceuticals, Inc. - 2008 North American Ocular Drug Delivery Technology Innovation of the Year Award
Exiqon - 2008 North American Cancer Molecular Diagnostics Growth Strategy Leadership Award
GE Healthcare - 2008 North American Molecular Imaging in Personalized Medicine Healthcare Innovation Award
Genpathway - 2008 North American Services in Drug Discovery Technologies Healthcare Innovation Award
Genzyme Genetics - 2008 North American Cancer Molecular Diagnostics Product Line Strategy Award
iMDsoft - 2008 North American Clinical Information Systems Healthcare Innovation Award
Infor-Med, Inc. - 2008 North American Electronic Medical Record Software Healthcare Technology Innovation Award
InNexus Biotechnology, Inc. - 2008 North American Therapeutic Monoclonal Antibodies Technology Innovation of the Year Award
ISTO Technologies, Inc, - 2008 North American Bone Healing Product Innovation Award
Lifeblood Medical - 2008 North American Pharmaceuticals & Biotechnology Emerging Healthcare Innovation Award
LUMEDX Corporation - 2008 North American Medical Imaging Workflow Solutions Healthcare Innovation Award
MediNotes Corporation - 2008 North American Clinical Information Systems Practice Management Solution Healthcare Innovation Award
Merrion Pharmaceuticals - 2008 North American Osteoporosis Technology Innovation of the Year Award
Noninvasive Medical Technologies, Inc. - 2008 North American Patient Monitoring Healthcare Innovation Award
OBS Medical - 2008 North American Central Stations Patient Monitoring Technology Innovation Award
Oracle - 2008 North American Clinical Trial Management Systems Market Leadership of the Year Award
Philips Healthcare - 2008 North American Electronic Fetal Monitoring Equipment Product Line Leadership Award; 2008 North American Oncology Imaging Healthcare Innovation Award; 2008 North American PET and PET/CT Growth Strategy Leadership Award
StatCom - 2008 North American Hospital Management Systems Technology Innovation of the Year Award
Stuart Karten Design - 2008 North American Services Medical Devices Healthcare Innovation Award
Thermo Fisher Scientific - 2008 North American Laboratory Information Management Systems Competitive Strategy Leadership Award; 2008 North American Laboratory Information Management Systems Market Leadership Award
Toshiba America Medical Systems - 2008 North American Cardiovascular Imaging Healthcare Innovation Award
Vital Images, Inc. - 2008 North American Medical Imaging Informatics Healthcare Innovation Award
Xoft, Inc. - 2008 North American Oncology Medical Devices Healthcare Innovation Award

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

For further information on the Awards Banquet or recipients, or for digital photos, please contact Jake Wengroff, jake.wengroff@frost.com.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit http://www.awards.frost.com.

Contact:

Jake Wengroff
210.247.3806
jake.wengroff@frost.com

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