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wbjournal.com | Book of Lists 2025 | Worcester Business Journal 57 M A N U F A C T U R I N G F O C U S Largest life sciences & biotech companies Ranked by number of local employees Company Local employees/ worldwide employees/ annual revenue Focus or products Chief executive(s)/ year founded 1 Boston Scientific Corp. 300 Boston Scientific Way, Marlborough 01752 508-683-5670 • bostonscientific.com 2,800 (1) 53,000 $17 billion Global developer, manufacturer and marketer of medical devices that are used in interventional medical specialties Michael F. Mahoney chairman & CEO 1979 2 Bristol Myers Squibb 38 Jackson Road, Devens 01434 978-784-6001 • bms.com 1,680 34,000 $48 billion Discovery, development & delivery of medicines to prevail over serious disease Christopher Boerner CEO 1887 3 Waters Corp. 34 Maple St., Milford 01757 508-482-2000 • waters.com 1,450 7,600 $3 billion Analytical instruments, separations technologies, & software for life, materials, food and environmental sciences Udit Batra president & CEO 1958 4 IPG Photonics Corp. 377 Simarano Drive, Marlborough 01752 508-373-1100 • ipgphotonics.com 1,365 4,400 $977 million Fiber laser technology providing manufacturers the power to transform materials into end-products across any application and industry Mark Gitin CEO 1990 5 AbbVie Inc. 100 Research Drive, Worcester 01605 508-849-2500 • abbvie.com 1,200 (2) 55,000 $56 billion Biopharmaceuticals Robert A. Michael CEO 2013 6 Quest Diagnostics 200 Forest St., Marlborough 01752 866-697-8378 • questdiagnostics.com 1,189 55,000 $10 billion Diagnostic information services Jim Davis chairman, CEO & president 1967 7 Insulet Corp. 100 Nagog Park, Acton 01720 978-600-7000 • insulet.com 1,108 4,066 $2 billion Medical devices targeting diabetes Ashley McEvoy president & CEO 2000 8 Integrated Genetics (Labcorp) 3400 Computer Drive, Westborough 01581 508-898-9001 • integratedgenetics.com 1,000 (3) 60,900 (4) $13 billion (4) Healthcare diagnostics Adam Schechter president & CEO, Labcorp 1991 9 Global Life Sciences Solutions U.S. LLC dba Cytiva 100 Results Way, Marlborough 01752 508-475-2000 • cytiva.com 800 (5) 15,000 (5) N/A Life sciences and biotherapeutics Chris Riley CEO, Cytiva Emmanuel Abate president, genomic medicine (6) 1733 10 Hologic Inc. 250 Campus Drive, Marlborough 01752 508-263-2900 • hologic.com 766 (7) 7,063 (7) $4 billion (8) Global, innovative medical technology company primarily focused on women's health Stephen P. MacMillan chairman, president & CEO 1985 11 KARL STORZ Endovision Inc. 91 Carpenter Hill Road, Charlton 01507 508-248-9011 • karlstorz.com 600 600 N/A Endoscopes, medical instruments and medical technology Richard Santora executive director, production operations 1989 12 Olympus Corp. of the Americas 800 West Park Drive, Westborough 01581 508-804-2600 • olympusamerica.com 581 28,838 $6 billion Endoscopes, laparoscopes, video imaging systems, surgical energy devices, system integration solutions, medical services and endotherapy instruments and devices Julien Sauvagnargues president & CEO, Olympus Corp. of the Americas Mike Noyes president, Olympus Surgical Technologies America (9) 1968 13 Jabil 101 Union St., Clinton 01510 978-365-9721 • jabil.com 500 (10) 140,000 $29 billion (11) Medical devices for diabetes care, drug delivery and injectables Michael Dastoor CEO 1966 13 Philips Lifeline (12) 200 Donald Lynch Blvd., Suite 200, Marlborough 01752 800-451-0525 • lifeline.philips.com 500 (13) N/A N/A Monitoring systems Janet Dillione CEO, ConnectAmerica Kathy Silvestri senior director, Lifeline operations 1974 13 Sanofi Genzyme (14) 15 Pleasant St. Connector, Framingham 01701 508-872-8400 • sanofigenzyme.com 500 (15) 82,878 $48 billion (16) Pharmaceuticals Paul Hudson CEO Brian Foard head of speciality care, North America 1981 13 Tegra Medical 16 Forge Parkway, Franklin 02038 508-541-4200 • tegramedical.com 500 1,300 N/A End-to-end contract manufacturing of complex components and finished medical devices Walter Kobler CEO 2007 17 Thermo Fisher Scientific Corp. 27 Forge Parkway, Franklin 02038 866-282-0430 • thermofisher.com 380 (17) 125,000 $43 billion Analytical instruments, life sciences solutions, specialty diagnostics, laboratory, pharmaceutical and biotechnology services Marc N. Casper CEO 1926 18 Astellas Institute for Regenerative Medicine 9 Technology Drive, Westborough 01581 508-756-1212 • astellas.com 360 14,000 N/A Regenerative medicine and cell therapy research in ophthalmology and other therapeutic areas Erin Kimbrel head, cell & gene therapy research 2016 19 SMC Ltd. 18 Independence Drive, Devens 01434 978-422-6800 • smcltd.com 350 1,500 N/A Worldwide contract manufacturing for medical, diagnostic and drug delivery devices Brian Payson vice president & general manager 1988 20 Veranova 25 Patton Road, Devens 01434 978-784-5000 • veranova.com 250 800 N/A Contract development and manufacturing of specialist and complex APIs for pharma and biotech customers Mike Riley CEO 1970 21 Rentschler Biopharma 27 Maple St., Milford 01757 508-282-5800 • rentschler-biopharma.com 245 1,400 N/A Customized full-service solutions for bioprocess development and production of complex biopharmaceuticals Tom Roberts president & general manager, U.S. 1927 22 ReciBioPharm (18) 1414 Massachusetts Ave., Boxbourgh 01719 617-744-5431 • recipharm.com/recibiopharm 200 400 N/A Development & manufacturing for RNA therapies, virotherapy, microbiome and fill & finish for advanced therapy medicinal products (ATMP) Vikas Gupta president, ReciBioPharm 2002 23 Revvity 68 Elm St., Hopkinton 01748 781-663-6900 • revvity.com 186 11,000 $3 billion Health science solutions, technologies, expertise and services from discovery to development and diagnosis to cure Prahlad Singh president & CEO 2023 24 KARL STORZ Endoscopy America Inc. 28 Millbury St., Auburn 01501 508-248-9011 • karlstorz.com 185 9,800 N/A Endoscopes, medical instruments and devices John O'Keefe executive director, supply chain operations 1989 25 SCHOTT North America Inc. Lighting & Imaging (19) 180 16,500 Specialty glass expert supplying components such as fiber optic & LED Fabian Lenk vice president & general 18 9 Technology Drive, Westborough 01581 508-756-1212 • astellas.com 14,000 N/A research in ophthalmology and other therapeutic areas head, cell & gene therapy research 2016 19 SMC Ltd. 18 Independence Drive, Devens 01434 978-422-6800 • smcltd.com 350 1,500 N/A Worldwide contract manufacturing for medical, diagnostic and drug delivery devices Brian Payson vice president & general manager 1988 20 Veranova 25 Patton Road, Devens 01434 978-784-5000 • veranova.com 250 800 N/A Contract development and manufacturing of specialist and complex APIs for pharma and biotech customers Mike Riley CEO 1970 21 Rentschler Biopharma 27 Maple St., Milford 01757 508-282-5800 • rentschler-biopharma.com 245 1,400 N/A Customized full-service solutions for bioprocess development and production of complex biopharmaceuticals Tom Roberts president & general manager, U.S. 1927 22 ReciBioPharm (18) 1414 Massachusetts Ave., Boxbourgh 01719 617-744-5431 • recipharm.com/recibiopharm 200 400 N/A Development & manufacturing for RNA therapies, virotherapy, microbiome and fill & finish for advanced therapy medicinal products (ATMP) Vikas Gupta president, ReciBioPharm 2002 23 Revvity 68 Elm St., Hopkinton 01748 781-663-6900 • revvity.com 186 11,000 $3 billion Health science solutions, technologies, expertise and services from discovery to development and diagnosis to cure Prahlad Singh president & CEO 2023 24 KARL STORZ Endoscopy America Inc. 28 Millbury St., Auburn 01501 508-248-9011 • karlstorz.com 185 9,800 N/A Endoscopes, medical instruments and devices John O'Keefe executive director, supply chain operations 1989 25 SCHOTT North America Inc. Lighting & Imaging (19) 122 Charlton St., Southbridge 01550 508-765-9744 • schott.com 180 16,500 N/A Specialty glass expert supplying components such as fiber optic & LED systems and hermetic & autoclavable electrical connectors Fabian Lenk vice president & general manager 1884 26 UMass Chan Medical School Research Core Facilities 55 Lake Avenue North, Worcester 01655 508-856-4522 • umassmed.edu/research/cores 167 167 $29 million More than 40 research cores offering multiple services (20) Cynthia Nicholson executive director, administration & finance 1962 27 Cogmedix, a Coghlin Co. 127 Hartwell St., West Boylston 01583 800-640-3760 • cogmedix.com 160 900 N/A Medical device product development and manufacturing Chris Coghlin president & CEO 2008 Source: Each company via survey as of Q1 2025. Note: N/A=not available. (1) Local employee count includes customer fulfillment center in Quincy. (2) Local employee count from WBJ's 2024 survey; AbbVie no longer discloses local data. (3) Local employee count falls within a range of 1,000 to 4,999, according to Mass. Executive Office of Labor and Workforce Development; last response to WBJ survey was in 2021 with 436 local employees. (4) Revenue and companywide employee count is for Labcorp. (5) Employee counts from WBJ's 2024 survey; in March 2025, Cytiva announced plans to reduce its Westborough workforce by 85 employees. (6) Formerly GE Healthcare (7) Employee counts from WBJ's 2023 survey (8) For fiscal year end Sept. 30, 2024 (9) Also senior vice president, Surgical and Interventional Solutions ISD Operations (10) Jabil no longer provides local data; local employee count falls within a range of 500 to 999, according to Mass. Executive Office of Labor and Workforce Development. (11) Revenue for fiscal year end Aug. 31, 2024 (12) Acquired by Penn.-based ConnectAmerica in May 2021 (13) Local employee count falls within a range of 500 to 999, according to Mass. Executive Office of Labor and Workforce Development. (14) Sanofi Genzyme is the specialty care global business unit of Sanofi; additional manufacturing facility at 8 New York Ave., Framingham. (15) Local employee count falls within a range of 500 to 999, according to Mass. Executive Office of Labor and Workforce Development. (16) Revenue converted from Euros based on IRS yearly average exchange rate for 2024 (17) Local employee count from WBJ's 2024 survey (18) Arranta Bio and Vibalogics U.S. Inc. were both acquired by France-based ReciBioPharm. (19) The electronic packaging unit has been sold and is no longer located in Southbridge. (20) Services include 3D printing, flow cytometry, imaging, CryoEM, vector production, drug design, mass spectrometry, fly food, MRI, tissue samples, transgenic animals and more. -Compiled by: Stephanie R. Meagher, research@nebusinessmedia.com GROW WITH US Bollus Lynch offers accounting, audit, tax and advisory services with expertise in a variety of sectors and industries. 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KARL STORZ Endoscopy- America acquired all outstanding shares of North Carolina-based Asensus Surgical in August after its parent company merged with the firm.