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Business Expansion

Business Expansion is one of our largest categories and looks at the core functions of business operations within the sector.

This consists of any projects that have expanded the company’s footprint in the sector, including: contract wins; launching in new territories; launching new product lines; the acquisition and expansion of facilities and real estate; acquisition of new machinery or other assets; improved logistics; partnerships; and significant staff increases.

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  • Evonik
  • Johnson & Johnson
  • Microsoft
  • NHS
  • PEEK

Diversity

Diversity is a subject that should be at the forefront of every modern company’s recruitment strategy and should not be considered as simply an exercise in virtue signalling. The more diverse a workforce, the more representative it is of wider society, which brings clear benefits to any corporation attempting to gain greater insight into the views of its customer base. In addition, more diverse companies have greater appeal to candidates in the jobs market, increasing a company’s chances of hiring the best talent.

In this category we consider any internal company project to improve diversity in the workforce, this can include changes to hiring policies; graduate and apprenticeship schemes; work groups and societies; and subconscious bias training. In addition we look at external company policies and practices aimed at making their products and services more accessible and inclusive.

  • Emergent Holdings
  • Fitbit
  • Folx Health
  • NHS AI Lab
  • Truveta
  • Wellframe

Environmental

The Environmental category aims to highlight companies that are undertaking projects that reduce their impact on the natural environment or contribute to its general health. With the effects of climate change becoming ever more obvious, corporations have a responsibility to update and change their practices to prevent further damage being caused.

This category includes any projects that have led or will lead to a significant reduction in a company’s environmental impact and carbon footprint. This can include changes to materials and manufacturing, supply chain reviews; reduction in energy use or switches to renewables; recycling initiatives; and carbon offsetting. The category also includes projects that contribute to the environment such as tree planting schemes and river cleaning.

  • American Telemedicine Association
  • Boston Scientific
  • EcoVadis
  • Freudenberg Medical
  • PlanetWatch
  • Qosina
  • Sterigenics
  • Surgical Holdings

Financing

Financing recognises companies and institutions that have raised significant capital during the research period whether it be through corporate finance, the capital markets or fund raising.

This includes any significant raising of finance by a company within the sector, this can include corporate lending, funding rounds and equity and debt capital markets issues including share offers and bond issues. We will be specifically looking at high value deals; novel structures; and companies using (for them) new forms of financing such as high-yield bonds.

  • BillionToOne
  • Boston University
  • Diadem
  • Epitel
  • Harvard University
  • HeartFlow
  • Ibex
  • Imperative Care
  • InterVenn
  • Owlstone
  • Sherlock Biosciences

Innovation

Innovation is the category with one of the widest scopes within the Excellence Rankings as it looks at novel new approaches in every area, from the fruits of research and development to novel new business practices. What all the ranked entities have in common is the demonstration of new concepts not just within their own business but in the sector as a whole.

The category includes any projects that demonstrate an innovative approach to the market. The category crosses over with many of our other categories and can include new products, novel product features, new business practices, new marketing and sales strategies and more.

  • BioInteractions
  • Loughborough University
  • Newcastle University
  • NUHS Singapore
  • University of Washington
  • University of Wisconsin-Madison

Investments

The Investments category looks at any significant financial investments into a company or its assets, specifically those investments that facilitate expansion of a company’s operations. This can be an investment by the company itself into its operations or by an outside investor be that another company, financial institution, private equity or venture capital firm.

  • Defiance ETFs
  • Eurofins
  • Exscientia
  • NHS

M&A

This category includes organisations that have expanded their business operations by entering into significant mergers and acquisitions deals within the sector.

The category specifically looks at the acquisitions of whole businesses or stakes rather than asset transactions and deals must have been closed during the research period.

  • Amazon
  • Boston Scientific
  • Bristol-Myers Squibb
  • Coloplast
  • Grifols
  • GSK
  • Medtronic
  • Novartis
  • Oracle
  • Owens & Minor
  • Perrigo
  • Quidel
  • Stryker
  • UCB

Product Launches

The Product Launches category recognises companies that have launched notable new products or services into the market. This can include physical products, software as well as the launch of services and concepts.

We are specifically looking at novelty, including companies launching products into new areas or innovation in the product’s design, manufacture or marketing.

  • Advantech
  • AliveCor
  • Cathalyst OrthoScience
  • EpiGuard
  • NuVasive
  • Ophthalmic Sciences
  • Opteev Technologies
  • Roche
  • Viz.ai
  • Wave Neuroscience

Research and Development

This category includes organisations that have demonstrated a commitment to the research and development of new products and/or new processes. This can include discovering or creating a unique material, transferring a research or technology development to practice, improving the performance of an existing product or creating a new simulation or design tools.

The category also includes companies that have made significant investments into their R&D processes.

  • Anzu
  • AstraZeneca
  • Biobot
  • Bioventus
  • CareNow
  • Cleveland Clinic
  • Healix
  • Medtronic
  • NuTec
  • ŌNŌCOR
  • Philips
  • physIQ
  • Quibim
  • Samsung
  • Stryker
  • Tommy’s
  • WuXi ATU

Safety

The Safety category includes companies and institutions that have demonstrated best practice in health and safety including compliance to standards and any initiatives taken to improve workplace safety through the introduction of new guidelines, policies or equipment.

It also includes projects and initiatives by companies to improve health and safety in other public environments other than their own workspaces.

  • AirClenz Systems
  • Becton, Dickinson and Company
  • BioInteractions
  • Integrated Viral Protection
  • Nanoclean
  • TRIMEDX
  • Virti
  • Walgreens

Social

The Social category includes companies and institutions that have undertaken projects that have had a tangible positive impact on the communities where they operate. This can include anything from charity initiatives; sponsorship; community outreach; local business support and education initiatives.

  • Amazon Web Services
  • Quidel
  • Recbio
  • Soros Economic Development Fund