Company sustains high growth and profitability as biomedical industry adoption of solutions accelerates.
Framingham, MA, January 20, 2005 – clinivation, Inc. today announced record year-end revenue, growth, and profitability results for 2004.
“We are pleased to have achieved yet another year of record results, triple-digit growth, and profitibility,” said Joseph Kozikowski, M.D., clinivation’s Founder, Chairman, and Chief Executive Officer.
New customer acquisition and new sales to existing customers accelerated throughout the year, with additional orders coming primarily from the advanced medical device, hospital supply, and diagnostic industry sectors.
“Our solutions accelerate our customers up the steepest segment of the medical product value creation curve. In this way, our solutions deliver a tremendous value. We therefore expect demand for our solutions to continue to grow,” Dr. Kozikowski remarked.