The Awards will be announced during a banquet that will take place on Wednesday, March 18, 2009 in San Francisco.
The Medical Technologies & Life Sciences Awards are given to companies that have made a significant contribution to the pharmaceutical, biotech, drug discovery, clinical diagnostics, medical imaging, and medical device industries. Such companies have shown success at meeting the needs of patients and other stakeholders in the healthcare industry, while building world-class companies with strong management teams.
The evening will feature a CEO Roundtable session titled, "CEO Insights: Healthcare and Life Sciences Growth Leadership Panel," in which five senior-level executives will discuss how they have been able to address challenges and still realize growth.
"The Award recipients are pioneers in the industry," explains Frost & Sullivan's Director of Healthcare Research Monali Patel Shastry. "The Awards recognize innovation and an unflinching commitment to serving their end-users and providing value to the industry as a whole."
To choose Award recipients, Frost & Sullivan's healthcare analyst team tracks emerging and existing markets and evaluates the contributions of industry participants. Analysts quantify several market factors for each participant according to predetermined criteria that define innovation in medical technologies and life sciences. The analysts also consider the pace of technology development and deployment, and the potential relevance or significance of the innovation to the overall industry. The Award recipient is ultimately chosen after a thorough evaluation of this research.
The Awards banquet will take place from 5:00 pm. until 10:00 pm. on Wednesday, March 18, 2009 at the Hyatt Fisherman's Wharf, located at 555 North Point Street, San Francisco, California 94133. For more information, please contact Jake Wengroff, Global Director, Corporate Communications, at 210.247.3806 or jake.wengroff[.]frost.com.
The Awards banquet will be co-located with 14th Annual Medical Devices 2009: A Frost & Sullivan Executive MindXchange, taking place March 15-17, 2009.
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.
About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents.