ANN ARBOR, MI – APRIL 5, 2021 – Ripple Science is being recognized as one of the 2021 awardees for the Michigan 50 Companies to Watch award, presented by Michigan Celebrates Small Business. Ripple Science will be honored at an awards ceremony during the 17th annual Michigan Celebrates Small Business gala event, July 20.

  

Ripple Science is an emerging innovative Saas and fast growing eClinical company dedicated to accelerating clinical trials through improved patient recruitment and retention. By adapting marketing and sales automation techniques to patient engagement Ripple speeds the enrollment process while reducing participant drop out rates. With consistently ever-growing communication tools and collaboration features, users are given the opportunity to upgrade functionalities at any time. Ripple’s research site teams achieve on average >96 percent patient retention.

 

“It’s a real honor to be recognized by the Michigan business community following a very competitive review. The team and our investors remain focused on building value, delighting our customers, and contributing to the economy in Michigan,” commented Peter Falzon, Ripple Science President and CEO.

 

This year’s Michigan 50 Companies to Watch have made a substantial economic impact, totaling $365 million in total annual revenue for 2019. From 2016 through 2019, these companies generated $1 billion in revenue and added 723 employees (both in Michigan and out of state), reflecting a 101.9% increase in revenue and 93.8% increase in jobs for the four-year period. That translates into a 26.9% annual revenue growth and 24.8% annual growth in employees.

 

“Michigan’s small businesses are the lifeblood of our local economies and play a vital role in making our communities attractive places to live, work, visit and play,” said Josh Hundt, Chief Business Development Officer for the Michigan Economic Development Corporation. “As the state continues to recover from the COVID-19 outbreak, we are honored to recognize and celebrate these small businesses, which demonstrate the resilience, innovation and gri