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ResMed, as many sleep apnea patients know, is a leading developer, manufacturer, and marketer of medical equipment for the diagnosis and treatment of sleep-disordered breathing. Their products are sold in over 50 countries around the world.
BusinessWeek has once again recognized ResMed for their financial performance. ResMed Inc. has recently been ranked #31 on the 2001 BusinessWeek Hot Growth Companies list. This list ranks public companies with annual sales between $50 million and $1.5 billion according to their three-year results in sales growth, earnings growth and return on invested capital.
ResMed is the top-ranked medical products company overall. BusinessWeek also ranked ResMed in the top five companies from their 1999 list in terms of two years' total return, with a return of 239%.
ResMed's Chairman and C.E.O., Peter C. Farrell, Ph.D., stated "We are delighted by this recognition of ResMed's achievements by BusinessWeek for the third year in a row. Awareness of sleep-disordered breathing, particularly sleep apnea, and its effects on public health is increasing in the community, and ResMed is making a significant contribution to treating people with these conditions. I wish to thank the ResMed team for enabling the Company to again achieve this accolade from BusinessWeek."
ResMed has also made the Forbes' list of 200 Best Small Companies in America for three consecutive years; in 1999, ResMed was ranked #27 up from #172 in 1997. In 1999 ResMed was named by FORTUNE magazine as one of America's One Hundred Fastest Growing Companies.
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