Avadim Technologies Named to the Inc. 500 List of Fastest-Growing Private Companies in America for the Second Consecutive Year
Avadim Listed as the 13th Fastest Growing Company in U.S. Health Sector
and 2nd Overall in North Carolina
Avadim Ranks No. 162 on the 2017 Inc. 500 List with
Three-Year Sales Growth of 2,538%
Asheville, NC (August 16, 2017) – Avadim Technologies, Inc. (“Avadim”), the Bionome TherapiesTM life sciences company, today announced that Inc. Magazine has recognized the Company as one of the fastest growing private companies in America. Inc. Magazine ranked Avadim # 162 on its 2017 Inc. 500 List, an exclusive ranking of the nation’s fastest-growing private companies. Avadim was listed as the 13th fastest growing company in the U.S. Health sector.
The achievement has put Avadim in an elite group of companies who have previously been named to the Inc. 500 including Microsoft, Under Armour, Intuit, GoPro, Oracle, Timberland, Clif Bar, Patagonia, Zappos, Box, Grubhub and many other well-known names gained early exposure as members of the Inc. 500. In addition to Avadim, the 2017 Inc. 500 list includes S’well, Halo Top Creamery, Bitly and Orangetheory Fitness.
“We are honored to be selected to join the respected list of the fastest-growing 500 private companies in America for the second consecutive year and we look forward to our continued growth and innovation,” said Stephen Woody, Avadim Chairman and CEO. “This accomplishment is a testament to the team, business model, strategy, and proprietary technology we have in place at Avadim. According to Inc. 500, to make this year’s list, a company had to have grown by a minimum of ten-fold over the past three years while during that stretch, the economy grew just 6.7%. Moving forward, we will continue to work closely with our customers and partners as we address the gaps in global health including infection prevention, neuromuscular disorders and barrier repair.”
Just this month, Avadim also launched its new topical therapy, Theraworx® Relief, to pharmacies nationwide, including Rite Aid. Available without a prescription, Theraworx® Relief is an easy-to-use, fast-absorbing foam or spray that can be applied daily to prevent muscle cramps and spasms, or as needed to release a cramp quickly – and reduce muscle soreness.
About Avadim Technologies Inc.:
Based in Asheville, North Carolina, Avadim is the Bionome TherapiesTM life sciences company. Avadim has created a new health order by eradicating the existing “sick care” approach to deliver true “health care” through topical Bionome TherapiesTM engineered to restore the skin’s natural ecosystem – each with the potential to dramatically enhance the quality of life for a lifetime. People are accepting of today’s standard of care (get sick, treat & repeat) even though it’s inadequate and few companies have stepped up to challenge this simply unacceptable approach that has been in existence for decades. Avadim is the industry leader in delivering true microbiome compliance with effective outcomes. Microbiome compliance ensures the therapy does not negatively effect the colonization of the skin’s microorganisms that human beings depend on to stay alive.
Avadim Technologies Inc. Contacts:
David Fann, President
Joe McGuire, Chief Financial Officer
Avadim Technologies Inc.
81 Thompson Street
Asheville, NC 28803
Investor Relations :
KCSA Strategic Communications
Kel & Partners
O: 617.904.9393, ext. 151