LMK Clinical Research Consulting Among Fastest-Growing Companies in the Nation

Monday, August 19, 2019 Clinical Trials News
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LMK Clinical Research Consulting Ranks No. 903 on the 2019 Inc. 5000 Fastest-Growing Private Companies in America

HUNTERSVILLE, N.C., Aug. 19, 2019 /PRNewswire-PRWeb/ -- Inc. Magazine ranks LMK Clinical Research Consulting (LMK) as

the 903rd fastest-growing private company in the United States on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

Premiering on the Inc. 5000 at 903rd position with $2.8 million in revenue, LMK has achieved an extraordinary 470% revenue growth over the past three years. Less than seven years ago, LMK began as a solo consulting business when President and CEO of LMK, Sholeh Ehdaivand, identified an industry-wide opportunity to transform the trial master file (TMF) with modern tools and modern processes. Since then, Sholeh has grown her vision to transform the TMF into the unshakable foundation of every clinical trial. This dream has come to fruition, through LMK's industry-unique TMF education program (TMF University), proven quality systems, and unparalleled expertise. Entering a new era of growth, LMK has contributed to the success of hundreds of clinical trials and has become a foremost provider of TMF expertise to the life sciences industry.

"Every company ranking on the Inc. 5000 list signifies a story of sacrifice and success," says Sholeh. "For LMK, celebrating its debut on the Inc. 5000 list, our ranking is, of course, the product of our explosive 470% revenue growth, but the true source of our success lies in the astounding personal and professional growth of our team. The business and regulatory landscape of the life science industry is constantly changing. Even as the LMK family has grown, we have continued to build our skills together and are always striving to reinvent the concept of TMF health. Having such a passionate, nimble, and dynamic team, I believe, will continue to accelerate this success. I cannot wait to see what we accomplish next."

Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000's aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000.

"The companies on this year's Inc. 5000 have followed so many different paths to success," says Inc. editor in chief James Ledbetter. "There's no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities."

The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation.

About LMK Clinical Research Consulting Founded in 2013, LMK Clinical Research Consulting, LLC is a functional service provider of TMF consulting and services. Transforming the TMF into a prospective clinical trial management tool, LMK empowers clients across the life science industry to attain TMF inspection readiness—allowing clinical operations professionals to focus on their central goal of uniting patients in need with novel treatments. LMK is a trusted leader for its dedication, quality solutions, and expert services in TMF and is the only TMF-specific company that is woman-owned business certified by the Women's Business Enterprise National Council. For more information about LMK, visit http://www.lmkclinicalresearch.com.

For more information please contact: LMK Clinical Research Consulting, LLC Isaiah Howard, Senior Product Manager I.Howard (at) lmkcrc (dot) com (704) 464-3291

The Inc. 5000 Methodology The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit http://www.inc.com.

The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.

For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.

 

SOURCE LMK Clinical Research Consulting



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