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Central MA Life Sciences Report

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Central MA Life Sciences Report 29 Construction Management Preconstruction Design-Build www.timberlineconstruction.com Recognized as a Best Place to Work Providing exceptional service for our clients. facilities of at least 200 employees, according to 2021 data compiled by the WBJ Research Department. Local employees at Waters Corp. in Milford total 1,600, Insulet in Acton employs 1,145 in the region, and Bristol Myers Squibb in Devens reported 1,100 workers in Central Mass. Their global revenues, too, were among the highest of all public companies in Central Mas- sachusetts, with Bristol Myers Squibb reporting $46.4 billion, Waters report- ing $2.7 billion, and Insulet reporting $904.4 million. These large companies anchor the growing life sciences economy in Central Massachusetts. Coupled with research and development at the region's colleges, universities, and incubators, having for-profit companies with significant financial resources attracts investment and facilities to the region, while creat- ing a hub for talented workers, which is a growing concern among life sciences organizations of all sizes. Communities with the most life sciences inventors When the U.S. Patent and Trade Office assigns a patent, its location is determined by the residence of the first-name inventor. Of the 649 life sciences patents assigned to Central Massachusetts inventors from 2018 to 2022, these communities had the most. Note: 2022 figures are preliminary. Source: U.S. Patent and Trade Office (U.S. PTO) COMMUNITY PATENTS Acton 89 Sudbury 86 Wayland 51 Marlborough 42 Framingham 40 Westborough 34 Northborough 30 Littleton 24 Stow 23 Natick 22 COMMUNITY PATENTS Franklin 19 Worcester 19 Bolton 18 Southborough 15 Shrewsbury 13 Ashland 11 Sherborn 11 Devens 10 Grafton 10 Groton 9 COMMUNITY PATENTS Hopkinton 9 Pepperell 8 Ayer 6 Boxborough 6 Holliston 6 Millis 6 Clinton 5 Harvard 5 Charlton 4 Lunenburg 4 COMMUNITY PATENTS Townsend 3 Maynard 2 Medway 2 Shirley 2 Ashby 1 Hardwick 1 Millbury 1 Sturbridge 1 Uxbridge 1 Total 649 Continued on page 31

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