Michigan 50 Companies To Watch
Analytics honored as one of 2011\’s "Michigan 50 Companies to Watch"
Published on: Mar 4, 2016
Transcripts - Michigan 50 Companies To Watch
FOR IMMEDIATE RELEASEApril 1, 2011Contact: Contact:James Dancy, Ph.D. Ron KitchensCo-founder Chief Executive OfficerInnovative Analytics, Inc. Southwest Michigan First161 East Michigan Avenue, Suite 5 241 E. Michigan AvenueKalamazoo, MI 49007 Kalamazoo, MI 49007269.377.2599 email@example.com firstname.lastname@example.org Watch Alert: Innovative Analytics honored as one of 2011’s “Michigan 50 Companies to Watch”KALAMAZOO -- Innovative Analytics, Inc. has been recognized as one of the 2011“Michigan 50 Companies to Watch,” an awards program sponsored by the Edward LoweFoundation and presented by Michigan Celebrates Small Business. The company will behonored at an awards ceremony during the seventh annual Michigan Celebrates SmallBusiness event, April 28th at the Lansing Center in Lansing, Michigan.Innovative Analytics provides data capture, medical writing and statistical analysis servicesfor its clients engaged in clinical research trials. Innovative Analytics’ customers areprimarily pharmaceutical, biotech and medical device companies who are developingtherapies and devices which require regulatory approval for use in humans.“Making the Michigan Companies to Watch list is especially meaningful, since the award isjudged both by ‘hard’ economic impact criteria, such as revenue and employee growth, andalso by qualitative criteria, such as our future business plans and conduct as a corporatecitizen of the community,” said Jim Dancy, Innovative Analytics co-founder.“Other contributing factors to our selection most likely included the fact that 90% of ourclients are outside of Michigan; as well as the ‘in kind’ and complimentary services we offerto local organizations with grant writing, as well as assisting the U.S. Food and DrugAdministration’s critical path initiatives’ nephrotoxity working team,” continued Dancy.“Innovative Analytics typically is viewed as a high value research partner and that has clearlyserved the company well. We have successfully retained employees with a wealth of -more-
industry experience which make us a valuable resource for our clients,” said company co-founder, Patty Ruppel. “Also, a number of community resources such as M-TEC atKalamazoo Valley Community College, Southwest Michigan First and the SouthwestMichigan Innovation Center should be credited for creating an environment that encouragesbusiness start-ups and supports their growth. If it was not for the community support afterPfizer ceased Clinical Development in Kalamazoo, we might have all looked elsewhere forjobs.”Companies making it to the “Michigan 50 Companies to Watch” list are a remarkable groupof second-stage companies. Defined as having 6 to 99 full-time-equivalent employees andgenerating $750,000 to $50 million in annual revenue or working capital from investors orgrants, these companies form the backbone of Michigan’s economy. Representing all regionsof the state and a diverse range of industries, companies like Innovative Analytics are knownfor their exceptional entrepreneurial leadership, creation of innovation or use of innovationin creative ways, and their sustainable competitive advantage.“We are proud of what the team at Innovative Analytics has been able to achieve in such ashort time. It has been exciting to watch their team work, unwavering dedication,enthusiasm and outstanding skill drive their exponential success,” said Ron Kitchens, ChiefExecutive Officer of Southwest Michigan First, the organization that nominated the companyfor the award.About the “Michigan 50 Companies to Watch”“Michigan 50 Companies to Watch” is presented by annually by Michigan Celebrates SmallBusiness in association with the Michigan Small Business & Technology DevelopmentCenter, Michigan Economic Development Corporation, Small Business Association ofMichigan, the U.S. Small Business Administration – Michigan, and the Edward LoweFoundation. Winners were selected by Michigan-based judges from the banking, economicdevelopment, entrepreneurship development and venture capital communities.More information about the 2011 Michigan 50 Companies to Watch program can be foundat http://Michigan.CompaniesToWatch.org. For information about Michigan Celebrates SmallBusiness, visit http://MichiganCelebrates.biz.About Innovative Analytics, Inc.Innovative Analytics, Inc. provides data management, medical writing and statistical analysisservices for clinical, pharmacogenomic and biomarker research trials. Innovative Analytics’clients are primarily pharmaceutical, biotech and medical device companies who aredeveloping therapies and devices which require regulatory approval for use in humans.Innovative Analytics is currently supporting drug development in the areas of oncology,muscular dystrophy, endocrinology and renal therapeutics, as well as several medical devicetrials. More information about Innovative Analytics can be found at www.ianalytics.biz.About Southwest Michigan FirstSouthwest Michigan First is the catalyst stimulating growth across the Kalamazoo Region.Nationally recognized for its groundbreaking Community Capitalism approach to economic
development, Southwest Michigan First is a private, nonprofit corporation fully committed toits mission of jobs and wealth creation. Whether you’re a site selector, an investor, anentrepreneur or part of an existing company looking to grow, Southwest Michigan First hasthe resources and expertise to assist you in identifying and surpassing your company’s goals.For more information, visit www.southwestmichiganfirst.com. ###