Medical device company, 3B Medical, has been named as one of America's fastest growing businesses for the second year in a row, in a list by Inc. magazine.
3B Medical ranked 1,685 on the list with a growth rate of 255%.
The list which aims to focus on the success of small businesses within the United States, has included well-known companies such as Microsoft, Timberland, Vizia, Intuit, Chobani, and Oracle, in previous years.
Alex Lucio, CEO of 3B Medical, said: "3B Medical is honoured to have secured for its second year in a row a spot on this most coveted list of fastest growing businesses in America. Our robust year over year growth has continued reflecting our delivery of our strategy to design innovative medical devices to service respiratory and sleep patients. We are grateful for our customers' support and enthusiasm for our quality products in our three product lines of sleep, oxygen, and disinfection. We are committed to expanding into new markets with our products and bringing new products in our pipeline to market that meet the needs of consumers, with a focus on quality, comfort and safety.”
Dave MacDougall, chief operating officer, concluded: "2020 is shaping up to be another blockbuster growth year for 3B Medical, as we are seeing annual revenue growth targeted to exceed 75% over 2019 levels.”