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10 HE ALTH • Spring 2021 Top biomedical companies Ranked by number of local employees T h e L i s t Top biomedical companies Ranked by number of local employees Company Local employees/ worldwide employees/ 2020 revenue Products Head of company/ year founded 1 Waters Corp. 34 Maple St., Milford 01757 508-482-2000 • www.waters.com 1,506 7,300 $2,365,000,000 Analytical science technologies Udit Batra president & CEO 1958 2 Jabil 101 Union St., Clinton 01510 978-365-9721 • www.jabil.com 1,270 260,000 $27,266,438,000 Medical devices such as diabetes care, drug delivery and injectables Mark Mondello CEO 1966 3 Boston Scientific Corp. 300 Boston Scientific Way, Marlborough 01752 508-683-5670 • www.bostonscientific.com 1,000 36,000 $9,913,000,000 (a) Medical devices Michael F. Mahoney chairman & CEO 1979 3 Bristol Myers Squibb Co. 38 Jackson Road, Devens 01434 978-784-6001 • www.bms.com 1,000 30,000 $42,500,000,000 Biopharma company focused on discovering, developing and delivering medicines for patients with serious diseases in areas including oncology, hematology, immunology, cardiovascular, fibrosis and neuroscience Giovanni Caforio chairman & CEO 1858 5 AbbVie Inc. 100 Research Drive, Worcester 01605 508-849-2500 • www.abbvie.com 951 47,000 $45,784,000,000 Research-driven biopharmaceuticals targeted at immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio Richard A. Gonzalez chairman & CEO 2013 6 Cytiva 350 Campus Drive, Marlborough 01752 508-475-2000 • www.cytiva.com 785 (b) 7,000 N/A Contrast agents for diagnostic imaging, basic research of cells and proteins and the technologies that enable large-scale manufacturing of vaccines, biologics, cell and gene therapies Emmanuel Ligner president 2004 7 KARL STORZ Endovision Inc. (c) 91 Carpenter Hill Road, Charlton 01507 508-248-9011 • www.karlstorz.com 700 8,500 N/A Endoscopes, medical instruments and devices Bruce Watkins president & general manager 1989 8 Hologic Inc. 250 Campus Drive, Marlborough 01752 508-263-2900 • www.hologic.com 600 6,091 $3,776,400,000 Medical devices Stephen P. MacMillan chairman, president & CEO 1985 8 Quest Diagnostics Inc. 200 Forest St., Marlborough 01752 866-697-8378 • www.questdiagnostics.com 600 50,000 $9,440,000,000 Diagnostic information services Steve Rusckowski chairman, president & CEO 1967 10 Integrated Genetics (Labcorp) 3400 Computer Drive, Westborough 01581 508-898-9001 • www.integratedgenetics.com 436 72,410 (d) N/A Healthcare diagnostics Adam Schechter president & CEO 1991 11 Tegra Medical 9 Forge Parkway, Franklin 02038 508-541-4200 • www.tegramedical.com 433 993 N/A Contract manufacturer of complex components and complete medical devices Walter Kobler CEO 2007 12 Sunovion Pharmaceuticals Inc. 84 Waterford Drive, Marlborough 01752 508-481-6700 • www.sunovion.com 422 1,300 N/A Pharmaceuticals Antony Loebel president and CEO 2010 13 SMC Ltd. 18 Independence Drive, Devens 01434 978-422-6800 • www.smcltd.com 400 2,000 N/A Contract manufacturer for medical and drug delivery devices Brian Payson VP & general manager 1988 14 Olympus Surgical Technologies America & Olympus America Inc. 136 Turnpike Road, Southborough 01772 508-804-2600 • olympusamerica.com 350 35,200 $7,600,000,000 (e) Endoscopes, laparoscopes, video imaging systems, surgical energy devices, system integration solutions, medical services, and endotherapy instruments for endoscopic and therapeutic applications Nacho Abia CEO, Olympus Corp. of the Americas Tomohisa Sakurai president, OSTA 2008 15 PerkinElmer Inc. (f) 68 Elm St., Hopkinton 01748 781-663-6900 • www.perkinelmer.com 327 14,000 $3,800,000,000 Unique solutions to serve the diagnostics, life sciences, food and applied markets Prahlad Singh president & CEO 1937 16 Nitto Denko Avecia Inc. 125 Fortune Blvd., Milford 01757 508-532-2500 • www.avecia.com 305 (g) 580 N/A Drug development and manufacturing services for oligonucleotide therapeutics Seiji Fujioka president 1999 Source: Each company via survey. Notes: List includes companies in the biotech, medical device, medical equipment and pharmaceutical industries. (a) Net sales (b) Figure from 2020 survey (c) KARL STORZ Endoscopy America Inc. in Auburn has 225 employees. (d) For Labcorp, enterprise-wide (e) Figure represents worldwide revenues. Revenues for the Americas was $2.7 billion. (f) On March 9, PerkinElmer acquired Oxford, U.K.- and Marlborough-based Oxford Immunotec for $591 million. As of Sept. 30, 2020, Oxford Immunotec had approximately 275 global employees. (g) 278 employees in Milford and 27 employees in Marlborough - Compiled by: Heide Martin, hmartin@nebusinessmedia.com Top biomedical companies Ranked by number of local employees Company Local employees/ worldwide employees/ 2020 revenue Products Head of company/ year founded 1 Waters Corp. 34 Maple St., Milford 01757 508-482-2000 • www.waters.com 1,506 7,300 $2,365,000,000 Analytical science technologies Udit Batra president & CEO 1958 2 Jabil 101 Union St., Clinton 01510 978-365-9721 • www.jabil.com 1,270 260,000 $27,266,438,000 Medical devices such as diabetes care, drug delivery and injectables Mark Mondello CEO 1966 3 Boston Scientific Corp. 300 Boston Scientific Way, Marlborough 01752 508-683-5670 • www.bostonscientific.com 1,000 36,000 $9,913,000,000 (a) Medical devices Michael F. Mahoney chairman & CEO 1979 3 Bristol Myers Squibb Co. 38 Jackson Road, Devens 01434 978-784-6001 • www.bms.com 1,000 30,000 $42,500,000,000 Biopharma company focused on discovering, developing and delivering medicines for patients with serious diseases in areas including oncology, hematology, immunology, cardiovascular, fibrosis and neuroscience Giovanni Caforio chairman & CEO 1858 5 AbbVie Inc. 100 Research Drive, Worcester 01605 508-849-2500 • www.abbvie.com 951 47,000 $45,784,000,000 Research-driven biopharmaceuticals targeted at immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio Richard A. Gonzalez chairman & CEO 2013 6 Cytiva 350 Campus Drive, Marlborough 01752 508-475-2000 • www.cytiva.com 785 (b) 7,000 N/A Contrast agents for diagnostic imaging, basic research of cells and proteins and the technologies that enable large-scale manufacturing of vaccines, biologics, cell and gene therapies Emmanuel Ligner president 2004 7 KARL STORZ Endovision Inc. (c) 91 Carpenter Hill Road, Charlton 01507 508-248-9011 • www.karlstorz.com 700 8,500 N/A Endoscopes, medical instruments and devices Bruce Watkins president & general manager 1989 8 Hologic Inc. 250 Campus Drive, Marlborough 01752 508-263-2900 • www.hologic.com 600 6,091 $3,776,400,000 Medical devices Stephen P. MacMillan chairman, president & CEO 1985 8 Quest Diagnostics Inc. 200 Forest St., Marlborough 01752 866-697-8378 • www.questdiagnostics.com 600 50,000 $9,440,000,000 Diagnostic information services Steve Rusckowski chairman, president & CEO 1967 10 Integrated Genetics (Labcorp) 3400 Computer Drive, Westborough 01581 508-898-9001 • www.integratedgenetics.com 436 72,410 (d) N/A Healthcare diagnostics Adam Schechter president & CEO 1991 11 Tegra Medical 9 Forge Parkway, Franklin 02038 508-541-4200 • www.tegramedical.com 433 993 N/A Contract manufacturer of complex components and complete medical devices Walter Kobler CEO 2007 12 Sunovion Pharmaceuticals Inc. 84 Waterford Drive, Marlborough 01752 508-481-6700 • www.sunovion.com 422 1,300 N/A Pharmaceuticals Antony Loebel president and CEO 2010 13 SMC Ltd. 18 Independence Drive, Devens 01434 978-422-6800 • www.smcltd.com 400 2,000 N/A Contract manufacturer for medical and drug delivery devices Brian Payson VP & general manager 1988 14 Olympus Surgical Technologies America & Olympus America Inc. 136 Turnpike Road, Southborough 01772 508-804-2600 • olympusamerica.com 350 35,200 $7,600,000,000 (e) Endoscopes, laparoscopes, video imaging systems, surgical energy devices, system integration solutions, medical services, and endotherapy instruments for endoscopic and therapeutic applications Nacho Abia CEO, Olympus Corp. of the Americas Tomohisa Sakurai president, OSTA 2008 15 PerkinElmer Inc. (f) 68 Elm St., Hopkinton 01748 781-663-6900 • www.perkinelmer.com 327 14,000 $3,800,000,000 Unique solutions to serve the diagnostics, life sciences, food and applied markets Prahlad Singh president & CEO 1937 16 Nitto Denko Avecia Inc. 125 Fortune Blvd., Milford 01757 508-532-2500 • www.avecia.com 305 (g) 580 N/A Drug development and manufacturing services for oligonucleotide therapeutics Seiji Fujioka president 1999 Source: Each company via survey. Notes: List includes companies in the biotech, medical device, medical equipment and pharmaceutical industries. (a) Net sales (b) Figure from 2020 survey (c) KARL STORZ Endoscopy America Inc. in Auburn has 225 employees. (d) For Labcorp, enterprise-wide (e) Figure represents worldwide revenues. Revenues for the Americas was $2.7 billion. (f) On March 9, PerkinElmer acquired Oxford, U.K.- and Marlborough-based Oxford Immunotec for $591 million. As of Sept. 30, 2020, Oxford Immunotec had approximately 275 global employees. (g) 278 employees in Milford and 27 employees in Marlborough - Compiled by: Heide Martin, hmartin@nebusinessmedia.com