ICON plc (NASDAQ: ICLR), a global provider of outsourced development services to the pharmaceutical, biotechnology and medical device industries, announced that it has been awarded the prestigious 2007 Service Provider of the Year Award by the global growth consulting company, Frost and Sullivan. The award recognizes the company’s sustained growth and highly successful and integrated business in the pharmaceuticals and biotechnology service provider market.

“ICON’s rapid revenue growth has been matched by a record growth in backlog levels signifying a strong foundation that is likely to drive future business growth,” says Frost & Sullivan Research Analyst Barath Shankar. “While diversification of its client

base and business has been the cornerstone of ICON’s performance in the period amoung 2004 and 2007, it has made significant investments that enable the company to supply a comprehensive range of services targeting the pharmaceutical and biotechnology industries.”

“We are delighted to receive that critical recognition from Frost & Sullivan,” said John Hubbard, Global President of ICON’s Clinical Research Division. “ICON has established itself as a global service provider with an excellent reputation for quality, and through that award, Frost & Sullivan has recognized that that quality is being maintained as we continue to significantly grow the business”.

Original post by Mallows