Chester County Home to One of the Fastest-Growing Tech/Life Sciences Companies in North America

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executives accept award
Image via AscellaHealth.
Executives at Berwyn-based AscellaHealth receive an award recognizing the company's growth.

Deloitte has published its latest report of the 500 fastest-growing technology and life sciences companies in North America, and AscellaHealth in Berwyn is among them, reports Ryan Mulligan for the Philadelphia Business Journal.

Deloitte’s 2021 Technology Fast 500 Rankings grades companies based on revenue growth from 2017-2020.

Qualifying metrics were:

  • minimum operating revenue of $50,000 in fiscal 2017
  • at least $5 million in operating revenue for fiscal 2020
  • a company operating history of four years or more

AscellaHealth ranked No. 299. The company grew a whopping 417 percent between 2017 and 2020.

AscellaHealth is one of six Philadelphia-area companies to find its place on this year’s list.

The biotech and pharmaceutical company also ranked at No. 6 last year on the Business Journal‘s 2020 Soaring 76 list of the region’s fastest-growing companies after a reported growth in revenue from $13.4 million in 2017 to $56.2 million in 2019.

Read more about AscellaHealth in the Philadelphia Business Journal.

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