SUNRX, INC. HAS BEEN NAMED #3 IN ENTREPRENEUR’S HOT 500 FOR 2007,
THEIR ANNUAL RANKING OF AMERICA’S FASTEST-GROWING BUSINESSES
(
PRLEAP.COM) Cherry Hill, New Jersey August 3, 2007 – Gerard J. Ferro, CEO, is pleased to announce that SUNRx, Inc. has been recognized as # 3 on the top 500 fastest-growing businesses in America according to Entrepreneur magazine and Corporate Research Board.
The Hot 500 honors the top 500 fastest-growing small companies. The list, compiled with the help of Corporate Research Board (CRB), was chosen from 95,000 businesses that met the following criteria:
~The company must have been founded no earlier than 1998 and no later than 2002
~Company sales in 2002 must be greater than $100,000 or greater; 2006 sales must not exceed $1 billion
~The company must have positive job growth between 2002 and 2006
~The company must have a minimum level of sales growth or a sales growth quantifier of 1 or higher between 2002 and 2006; the growth quantifier is a measurement that combines percentage and absolute growth
Only 95,000 businesses, or 0.5 percent of the 19 million businesses, met the above criteria. Entrepreneur then contracted the businesses with the greatest growth to confirm eligibility. To be eligible, the founder must be actively involved in the company, the company cannot be a spin-off or a division of a larger company, and company sales must be at least $1 million.
“Our goals are closely aligned with those of our clients. We deliver significant savings while providing unparalleled customer service. Our growth is a clear demonstration of our commitment to our clients in delivering them a significant ROI. Without our clients this would not be possible,” said Gerard Ferro.
About SUNRx
SUNRx was incorporated in January 2002 and since that time has dedicated its efforts to developing the Nation’s first proprietary Prescription Benefit Administrative service, designed to reduce spiraling prescription plan costs. As the first Pharmacy Benefit Administrator in the United States, with over 60 years of management experience in healthcare, pharmaceutical and prescription plan design, implementation and service, SUNRx provides true Transparent Prescription Plan Administration.
The Company offers industry revolutionizing point-of-sale technology, maintenance medication programs at retail and mail order and incentivized generic offerings that are all designed to maximize safety, efficacy and contain costs. SUNRx will continue to bring unprecedented discounts and savings to the prescription benefit market and help clients meet their prescription healthcare goals by providing expert advice and delivering innovative, customized plans. SUNRx works with their clients through a true partnership built upon integrity and trust.
Due to the concern SUNRx has about the rising costs of prescription drugs and the high number of uninsured, SUNRx just launched a free discount card program to assist those in need. In addition SUNRx has been developing a transparent solution for Health Centers that provide prescription medications under the 340B program.
The value proposition and high level of customer service offered by SUNRx has fueled its growth allowing it to be ranked 5th fastest-growing private company in America by Inc. magazine’s Inc. 500 list for 2006. SUNRx has also secured two top 10 finishes, including a #1 placement, on the Philadelphia 100, placed twice, including #1, on the South Jersey 25, and was ranked in the top 20 two consecutive years on the Entrepreneur & PricewaterhouseCoopers’ Hot 100.
For more information please visit
www.sunrx.com.
Contacts:
Corporate
Gerard J. Ferro
Chief Executive Officer
SUNRx, Inc.
Tel: 856-910-7776
jferro@sunrx.com
Marketing
Colleen M. Connor
Business Development Coordinator
SUNRx, Inc.
Tel: 856-910-7776
cconnor@sunrx.com
Source:
http://www.entrepreneur.com/magazine/entrepreneur/2007/august/181886.html
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