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72 Worcester Business Journal | Book of Lists 2021 | wbjournal.com F O C U S M A N U F A C T U R I N G 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 discovery, development and delivery of medicines for patients with serious diseases; 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 Biopharmaceuticals targeting immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology; products for 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. 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 (c) 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 & 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 (d) Endoscopes, laparoscopes, video imaging systems, surgical energy devices, system integration solutions, medical services, and endotherapy instruments Nacho Abia CEO, Olympus Corp. of the Americas Tomohisa Sakurai president, OSTA 2008 15 PerkinElmer Inc. (e) 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 (f) 580 N/A Drug development and manufacturing services for oligonucleotide therapeutics Seiji Fujioka president 1999 17 KARL STORZ Endoscopy America Inc. 28 Millbury St., Auburn 01501 508-248-9011 • www.karlstorz.com 225 8,500 N/A Endoscopes, medical instruments and devices John O'Keefe director of supply chain operations 1989 18 Cogmedix, a Coghlin Co. 127 Hartwell St., West Boylston 01583 800-640-3760 • www.cogmedix.com 210 210 N/A Medical device product development and manufacturing Chris Coghlin president & CEO 2008 19 Astellas Institute for Regenerative Medicine 9 Technology Drive, Westborough 01581 508-756-1212 • www.astellas.com/en/science/innovation-hub 180 17,000 N/A Regenerative medicine and cell therapy research in ophthalmology and therapeutic areas that have few or no available treatment options Masahide Goto (g) president 1994 20 Hillrom 100 Discovery Way, Acton 01720 978-263-5401 • www.hillrom.com 148 (h) 10,000 N/A Medical device and technology innovator John Groetelaars president & CEO 1915 508-347-5100 • www.optim-llc.com N/A integrated LED lighting 1971 35 Psychemedics Corp. 289 Great Road, Acton 01720 978-206-8220 • www.psychemedics.com 20 N/A N/A Development and laboratory services to detect drugs of abuse using hair analysis Raymond C. Kubacki chairman, president & CEO 1987 35 StageBio (q) 450 Donald Lynch Blvd., Marlborough 01752 513-204-4400 • www.stagebio.com 20 N/A N/A Provider of GLP-compliant necropsy, histology, pathology, and specimen archiving services for the biopharmaceutical, medical device, academic and contract research industries Tom Galati CEO 1999 37 Verax Biomedical Inc. 148 Bartlett St., Marlborough 01752 508-755-7029 • veraxbiomedical.com 13 N/A N/A Testing systems for detecting bacterial contamination in cells James Lousararian CEO 1999 38 Interscope Inc. 200 Commerce Drive, 2nd Floor, Northbridge 01534 877-420-7299 • www.interscopemed.com 12 25 N/A Design, manufacture and distribution of therapeutic endoscopic instruments for gastroenterology, pulmonology and otolaryngology procedures Jeffery Ryan Jr. co-founder, president & CEO 2011 39 BioSurfaces Inc. 200 Homer Ave., Ashland 01721 508-881-8860 • www.biosurfaces.us 11 11 N/A Medical devices using a proprietary electrospinning process, which augments existing medical care and emerging approaches Matthew D. Phaneuf president & CTO Tina M. Phaneuf VP, finance 2003 40 iVexSol Inc. 17 Briden St., Worcester 01605 N/A • www.ivexsol.com 10 10 N/A Lentiviral vectors for gene therapy programs Rodney Rietze CEO 2019 Source: Each company via survey. Note: List includes companies in the biotech, medical device, medical equipment and pharmaceutical industries. (a) Net sales (b) Figure from 2020 survey (c) For Labcorp, enterprise-wide (d) Figure represents worldwide revenues. Revenues for the Americas was $2.7 billion. (e) 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. (f) 278 employees in Milford and 27 employees in Marlborough (g) Effective April 1, succeeded Yoshitsugu Shaitaka as president (h) Plus an additional 13 contingent workers (i) Effective April 1, succeeded Inese Lowenstein (j) With an additional Central Mass. location at 50 Prescott St., Worcester (k) 75 of these employees are in Hopkinton. (l) Affiliate of Hamilton Co. (m) Subsidiary of New York-based Fortress Biotech (n) For parent Eppendorf AG, based in Hamburg, Germany (o) Effective April 1, appointed role of CEO in addition to president; succeeded Anthony Rotunno, former CEO, who assumed role of founder and executive vice chair (p) Will move primary location to 425 Fortune Blvd., Milford; date uncertain (q) Headquartered in Mt. Jackson, Va. Opened Marlborough facility Aug. 13, 2020 - Compiled by: Heide Martin, hmartin@nebusinessmedia.com The 2021 WBJ Book of Lists Worcester Business Journal researches companies, executives and transactions in many industries throughout the year. 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