Modality Solutions Makes Inc. 5000 List of America's Fastest-Growing Companies 2nd Consecutive Year
Modality Solutions, a biopharmaceutical cold chain validation engineering firm, appears on the Inc. 5000 for the second year in a row with three-year revenue growth of 71 percent
HOUSTON, Aug. 25, 2020 /PRNewswire-PRWeb/ -- Modality Solutions, a biopharmaceutical cold chain validation engineering firm, is pleased to announce it made Inc. magazine's 2020 annual Inc. 5000 list. The list is the most prestigious ranking of the nation's fastest-growing private companies. Modality Solutions made the Inc. 5000 list in 2019 as well, and for this year's list, reported three-year revenue growth of 71 percent.
The Inc. 5000 list represents a unique look at the most successful companies within the American economy's most dynamic segment--its independent small businesses. The Houston-based firm was one of four engineering firms from the metro area and one of 11 in the State of Texas.
In addition to the recognition by Inc. magazine this year, the firm's quality management system was ISO 9001:2015 certified. The certification covers consulting, design and engineering services and testing for supply chain logistics related to transport-sensitive food and drug products.
Co-founded in 2011 by Gary Hutchinson and Daniel J. Littlefield, Modality Solutions is a global biopharmaceutical cold chain validation engineering firm. It supports fast-track regulatory approval for biologics and specialty therapies. As industry logistics network experts, it provides engineering services focused on the qualification of thermal packaging, the selection of monitoring & controls systems, the execution of transport validation, the design of controlled-environment logistics, and the operational support for clinical trials.
"Modality Solutions is pleased to be recognized for the second year in a row within the American economy's most dynamic segment—its independent small businesses," said President Gary Hutchinson. "Our primary goal is to continue to help clients successfully launch new therapies while we continue on our track record of successful outcomes for our clients. It's great to join the ranks of companies like Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known brands that gained their first national exposure as honorees on the Inc. 5000."
Since 1982, the Inc. 5000 list has become the hallmark of entrepreneurial success. For 2020, companies were ranked according to percentage revenue growth when comparing 2016 and 2019. Companies had to be U.S.-based, privately held, for-profit, and independent and have been founded and generating revenue by March 31, 2016. The minimum revenue required for 2016 was $100,000; the minimum for 2019 was $2 million.
"The companies on this year's Inc. 5000 come from nearly every realm of business," says Inc. editor-in-chief Scott Omelianuk. "From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism."
To view Modality Solutions Inc. 5000 and Inc. Verified Profile online page, visit https://www.inc.com/profile/modality-solutions.
To learn more about Modality Solutions, visit its website at https://www.modality-solutions.com.
For more information on Inc. and the Inc. 5000 Conference, visit https://conference.inc.com.
About Modality Solutions, LLC
Founded in 2011, Modality Solutions, a leading biopharmaceutical cold chain validation engineering firm, specializes in integrating cold chain operations, developing transport validation strategies, supporting global regulatory applications, and global clinical trial operations. By combining the best practices of process validation, systems qualification, and risk assessment, Modality Solutions has earned the reputation of ensuring regulatory compliance, drug product quality, and patient safety. As a 2019 and 2020 Inc. 5000 company, Houston Business Journal Fast 100, Entrepreneur 360™, and Forbes Technology Council company, Modality Solutions' team of engineers are experts at delivering cold chain thermal packaging design and qualification, conducting transport simulation testing with its Advantage Transport Simulation Laboratory™, and designing controlled environment-logistics solutions. For more information, visit https://www.modality-solutions.com.
SOURCE Modality Solutions
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