Honoring Greater Philadelphia's Most
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HONORING GREATER PHILADELPHIA’S MOST INNOVATIVE COMPANIES INNOVATOR BREAKTHROUGH AWARD MANUFACTURING - Large 78 CSL Behring 86 Pentec Health, Inc. 86 Radwell International, Inc. BIOTECH/HEALTHCARE - Small/Medium 88 Rastelli Foods Group 78 BusinessOne Technologies Inc. 78 Freenome, Inc. REAL ESTATE - Small 80 GSI Health 88 MEH Investments 80 Vincera Institute 88 Odin Properties 88 Scannapieco Development Corporation BIOTECH/HEALTHCARE - Large 80 Absorption Systems LP REAL ESTATE - Medium 80 TRIOSE, Inc. 90 Madison Concrete Construction 82 Wedgewood Pharmacy 90 Post Brothers BUSINESS SERVICES - Small REAL ESTATE - Large 82 Jacobson Strategic Communications 90 Drexel University/Radnor Property Group LLC 82 Replica Creative 90 Korman Communities TECHNOLOGY - Small BUSINESS SERVICES - Medium/Large 92 ColdLight 82 MediaMark Spotlight 92 Dorado Systems, Inc. 84 Public Health Management Corporation 92 Guru 84 Square 2 Marketing 92 Pegasus Technologies, LLC 94 UpdatesCentral MANUFACTURING - Small 84 Metal Edge International 84 Ultra Clean Technologies Corp. TECHNOLOGY - Medium/Large 94 Anexinet MANUFACTURING - Medium 94 eMoney Advisor, LLC 85 Ancillare, LP 94 LoanLogics 85 Infiana USA, Inc. 86 K’NEX Brands 86 Sea Box, Inc. 52 Philadelphia SmartCEO September/October 2016 smartceo.com MARCUM IS PROUD TO PRESENT THE 4TH ANNUAL MARCUM INNOVATOR OF THE YEAR AWARDS THANK YOU TO OUR JUDGES This year, we celebrate 37 finalist companies, representing more than $8.4 billion in annual revenues and in excess of 28,600 employees. Marcum’s 2016 innovators come from diverse lines of business in five industry categories: Biotech/Healthcare, Business Services, Manufacturing, Real Estate and Technology. The companies vary greatly in size, and their innovations are all distinctive. However, despite these differences, our forward-thinking finalists Chris Cera Nicholas Siciliano John McGonigal Arcweb Technologies Invisible Sentinel, Inc. Marcum LLP have something in common: vision. Their leadership teams do not accept “no” for an answer when faced with roadblocks. They devise new paths in relentless pursuit of their missions. The passion and drive of each of our finalists set them apart in their fields, and yet unite them at this awards ceremony, because they share the common bond of cultivating ingenuity, imagination and creativity in order to keep their companies at the vanguard of their industries. Ed Reitmeyer Bruce Fenton James B. Jumper I’d like to thank each of Marcum’s 2016 Innovator sponsors for partnering with us Marcum LLP Pepper Hamilton Pepper Hamilton LLP to make this event possible, including PNC, Pepper Hamilton, Capstone Insurance LLP Group, Brandywine Realty, Miller Financial Group, Conner Strong, and our media partner on this event, Philadelphia SmartCEO magazine. Our sponsors align with Marcum on this event in particular because they value the inspirational work of the finalists that are honored and are adamant about keeping the city of Philadelphia at the forefront of innovation. Salvatore Patti I’d also like to recognize our esteemed nomination committee, which helped identify PNC Bank this year’s praise-worthy finalists and then had the unenviable challenge of selecting the 2016 winners. As you will see from the profiles in this section, the competition was especially intense this year, as the talent in the Philadelphia marketplace just THANK YOU TO OUR SPONSORS AND PARTNERS keeps exploding (what a great “problem” to have!). At Marcum, innovation is a core component of our mission and what sets us apart locally and nationally. Our professionals are tasked with partnering with our clients to develop customized solutions that fit their specific and unique business challenges. This commitment has manifested in a continual stream of new service lines and industry specializations to serve our clients’ evolving needs. The Marcum Innovator of the Year Awards are our way of honoring like-minded companies, who believe in stopping at nothing to provide their customers with outstanding, non- traditional products and services. Congratulations to our finalists and their teams on this outstanding accomplishment! Best regards, EXCLUSIVE MEDIA PARTNER: Jeffrey D. Zudeck, CPA Partner-in-Charge, Marcum’s Philadelphia Region smartceo.com September/October 2016 Philadelphia SmartCEO 53 CSL BEHRING Paul Perreault Managing Director and CEO Location: King of Prussia, PA Founded: 1916 CSL Behring develops and delivers innovative therapies that are used to treat life- stakeholders is at the heart of the innovative products and threatening conditions such as coagulation disorders, primary immune deficiencies, services we provide,” says Perreault. “Patients and healthcare providers tell us what inherited respiratory disease and hereditary angioedema. The company celebrates its they want and need, rather than the reverse.” 100th birthday this year, and innovation has been part of its DNA all this time, starting with the work of Nobel Prize-winning physiologist Emil von Behring. The company also partners with others to develop medicines that are outside its core capabilities. In 2012, CSL Behring provided its intellectual property to AstraZeneca, “Our innovative use of systems, technologies and manufacturing platforms has made which enabled that company to make progress on a new therapy for rheumatoid us the most efficient producer of plasma-based therapies in the world,” says Paul arthritis. For its pioneering work in developing therapies for rare and serious conditions, Perreault, managing director and CEO of CSL Behring. Globally, more than 1,100 CSL Behring received the Corporate Leadership Award from the National Hemophilia experts are working in CSL Behring’s R&D organization to discover new therapies that Foundation in 2015. can save and improve lives. WORDS OF WISDOM:“Innovation is more than CSL Behring’s work is driven by a desire to make a difference for people with rare and chronic conditions. In the past 18 months alone, the company has achieved a number just an idea; it’s a culture.” of breakthroughs, including the first and only single-chain product for hemophilia A that is specifically designed for long-lasting protection from bleeds. INNOVATOR BREAKTHROUGH AWARD BREAKTHROUGH AWARD INNOVATOR What’s more, CSL Behring’s product development doesn’t occur in a vacuum, but rather in collaboration with physicians and patient groups. “We believe that listening to our BIOTECH/HEALTHCARE BUSINESSONE FREENOME, INC. TECHNOLOGIES INC. Gabriel Otte James A. Barone Co-founder and CEO President and CEO Location: Philadelphia, PA Location: Bensalem, PA | Founded: 2003 Founded: 2014 BusinessOne Technologies Inc. (BOT) provides life-science Freenome, Inc. creates non-invasive blood tests for - SMALL /MEDIUM companies with custom research, analytics and direct online access to integrated cancer and other age-associated diseases. For example, the company has created managed-markets access data. The company conducts ongoing interviews and surveys a test that can not only detect stage-one cancer, but also distinguish between with payers to collect and compile its information. Over the years, BOT’s trove of data different types of cancer. Freenome is now working in partnership with several has grown continuously and now covers nearly 230 million lives across the U.S., says universities to create a version of the test that can also suggest which treatment James A. Barone, president and CEO of BOT. is likely to yield the best results. As the managed-markets environment has changed, payers are increasingly focused on Co-founder and CEO Gabriel Otte believes Freenome’s testing solution has the potential - SMALL/ MEDIUM cost controls, with more stringent pricing and reimbursement policies. “New specialty to transform how people think about healthcare. “For the last 2,000 years, we’ve been medication approvals are increasing and there is an increase in public scrutiny practicing symptomatic medicine, which means you go to the doctor when you have over medication costs. The pressure is on to demonstrate value,” says Barone. BOT a symptom, and you get treated [for it]. With diseases like cancer and Alzheimer’s recognized a void in the market and took advantage of it, he adds: “From pre-launch disease … it’s too late to cure these diseases by the time you have symptoms,” he to pull-through, our solutions allow you to track access, including payer-specific says. By creating a test that patients can easily take during their annual physical, restrictions for each drug in a category, with access to detail enabling you to develop Freenome hopes to move healthcare toward asymptomatic practice. strategies, more effective targeting and brand messages.” While pharmaceutical manufacturers are BOT’s main vertical, the company foresees growth opportunities in WORDS OF WISDOM: “What we’re trying to do as a company is pharmacy benefit managers and specialty pharmacies. really trying to change people’s mentality into thinking, you do need to take these regular tests, you do need to take care of yourself as you age.” BIOTECH/HEALTHCARE WORDS OF WISDOM: “Tell me and I forget, teach me and I may remember, involve me and I learn.” – Benjamin Franklin 54 Philadelphia SmartCEO September/October 2016 smartceo.com SPECIAL EVENT GUIDE MARCUM INNOVATOR OF THE YEAR BIOTECH/HEALTHCARE GSI HEALTH VINCERA INSTITUTE LeRoy E. Jones William C. Meyers, MD CEO President Location: Philadelphia, PA Location: Philadelphia, PA Founded: 2003 Founded: 2013 The healthcare industry is transitioning to a value-based