Diplomat Specialty Pharmacy Honored By Inc. Magazine As One Of The Nation's Fastest-Growing Companies

Friday, September 18, 2009 General News
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SWARTZ CREEK, Mich., Aug. 12 Diplomat Specialty Pharmacy announced today they have earned a position of 235 on the 2009 Inc. 500, Inc.'s annual ranking of the fastest-growing private companies in America.

"While coming in at 235 in the nation is an amazing achievement, the additional details are even more resounding," stated Phil Hagerman, President and CEO of Diplomat. The details Hagerman refers to are these:

"If you want to know which companies are going to change the world, look at the Inc. 500," said Inc. editor Jane Berentson. "These are the most dynamic, fast-growth companies in the nation, the ones finding innovative solutions to problems, creating smart systems, and inventing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition."

"At Diplomat we're proud to make Inc.'s Top 500 list. This achievement recognizes the creativity, dedication, and hard work that have gone into building Diplomat Specialty Pharmacy into what it is today," said Hagerman. "We could not have done it without the tremendous leadership of our executive team and the fantastic support of each and every one of our employees."

About Inc. Magazine

Founded in 1979 Inc. is dedicated exclusively to owners and managers of growing private companies. Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. (www.inc.com)

About The Inc. 500

The 2009 Inc. 500 offers a glimpse of the future of the U.S. economy. In the health sector, which saw aggregate revenue of $1.1 billion and a 917 percent median growth rate, businesses are moving forward on cancer and stem-cell research, clinical trials, and medication management.

The companies on this year's list are also responsible for creating more than 55,000 jobs since their founding; making the Inc. 500 perhaps the best example of the impact private, fast-growing companies can have on the overall U.S. economy.

About Diplomat Specialty Pharmacy

Diplomat Specialty Pharmacy is the nation's largest privately held Specialty Pharmacy and focuses on complete medication management programs for patients with serious and chronic conditions. Key programs include: Oncology, HIV/AIDS, Hepatitis C, Multiple Sclerosis, Rheumatoid Arthritis, Crohn's, Hemophilia, Growth Hormone and Psoriasis. Other specialty areas include Transplant, Fertility, Dialysis Medication Management, Bio-Identical Hormone Replacement Therapy and Specialty Compounding. The company also specializes in Disease Management programs for Chronic Kidney Disease patients, as well as Home and Out-Patient Infusion. With locations in Flint, Swartz Creek and Grand Rapids, MI; Cleveland, OH; Chicago, IL; and Ft. Lauderdale, Florida; Diplomat services the specialty pharmacy needs of patients and physicians nationwide.

For more information contact:

Kathy Karns



-- Of the 43 companies in the health care category, Diplomat ranked #1 in total revenue -- In terms of total revenue Diplomat made the top 10, coming in 8th out of all companies on the Inc 500 list. -- The list is ranked by percentage of growth over 3 years (not total sales), Diplomat's growth is at 917% over the 3 years

SOURCE Diplomat Specialty Pharmacy

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