Alafair Biosciences ranks No. 11 in Health
Products on the 2024 Inc. 5000
AUSTIN,
Texas, Aug. 13, 2024 /PRNewswire/ -- Inc.
revealed today that Alafair Biosciences moved up 421 spots to No.
828 on the 2024 Inc. 5000, its annual list of the fastest-growing
private companies in America and up 12 spots to No. 11 among Health
Products. The prestigious ranking provides a data-driven look at
the most successful companies within the economy's most dynamic
segment—its independent, entrepreneurial businesses.
Alafair Biosciences Makes Inc. 5000, With
Three-Year Revenue Growth of 597%, Ranking No. 11 in Health
Products
"We are honored to be recognized once more by Inc. 5000 as one
of the fastest-growing companies in the nation. With 597% sustained
revenue growth, an expanding distribution network, and over 19,000
implants of our flagship product, VersaWrap® Hydrogel
Sheet, we are well-positioned to maintain rapid momentum." said
John Joyoprayitno, co-founder,
President and CEO of Alafair Biosciences. "This recognition is a
testament to VersaWrap's ability to improve patient outcomes and to
the hard work of our team, whose passion and dedication have been
the driving force behind our continued success."
The Inc. 5000 class of 2024 represents companies that have
driven swift revenue growth while navigating inflationary pressure,
the rising costs of capital, and seemingly intractable hiring
challenges. In all, this year's Inc. 5000 companies have added
874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company
profiles and an interactive database that can be sorted by
industry, location, and other criteria, go to www.inc.com/inc5000.
All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the
new issue of Inc. magazine, available on newsstands
beginning Tuesday, August 20.
About Alafair Biosciences, Inc.
Alafair is a privately held medical device company developing and
marketing an innovative product portfolio based on its proprietary
hydrogel technology. The mission of Alafair is to revolutionize
surgical care with our versatile hydrogel technology, delivering
unparalleled value to patients, surgeons, and healthcare facilities
by enhancing soft tissue protection and by elevating patient
outcomes. Alafair products are distributed through a dispersed
network of independent distributors across the United
States.
About VersaWrap® Hydrogel Sheet
VersaWrap
is an FDA-cleared medical device implant (not tissue) comprising
hyaluronic acid (HA) and alginate that provides a gelatinous
encasement for peripheral nerves, tendons, and surrounding tissues
such as ligaments and skeletal muscles. Our innovative technology
allows tissues to glide and to remain untethered, thereby reducing
reoperations and improving patient outcomes. VersaWrap offers
unique surgical flexibility as the only tendon and nerve protector
that can be delivered either as a sheet or as a flowable gel.
About Inc.
Inc. Business Media is the
leading multimedia brand for entrepreneurs. Through its journalism,
Inc. aims to inform, educate, and elevate the profile of our
community: the risk-takers, the innovators, and the ultra-driven
go-getters who are creating our future. Its proprietary Inc. 5000
list, produced every year since its launch as the Inc. 100 in 1982,
analyzes company data to rank the fastest-growing privately held
businesses in the United States.
For more information, visit www.inc.com.
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SOURCE Alafair Biosciences, Inc.