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List of pharmaceutical companies in Massachusetts

The pharmaceutical companies in Massachusetts are widely regarded as pillars of the Commonwealth’s knowledge economy.

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The Bay State is undeniably a world leader in biological and pharmaceutical research and development.

Massachusetts, along with California and Florida, is home to leading life sciences companies and institutions, making it the world’s leading center for pharmaceutical research and development. Massachusetts’ competitor states have made significant strides in increasing their share of biopharmaceutical investment, employment, and support for basic research over the last ten years.

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A close examination of the state’s performance, however, reveals that, despite lagging job growth in comparison to its peers, Massachusetts continues to outperform other states in attracting highly-paid, high-value-added employment in the cluster’s leading companies.

According to the UMass Donahue Institute, bio-pharmaceutical employment in Massachusetts increased by 44 percent between 1998 and 2004, but the state fell from fifth to seventh in total biopharma employment.

Massachusetts has the highest average wage in the biopharmaceutical industry, with a wage of $98,595 in 2004.

By far, the highest levels of venture capital and National Institutes of Health (NIH) investment are found in Massachusetts and California. Massachusetts has the highest level of venture capital and NIH funding per bio-pharma worker in the country.

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Massachusetts’ Pharma Sector Challenges

The pharmaceutical industries are major employers in Massachusetts, serving as a pillar of the state’s high-value-added, knowledge-based economy. T

op pharma firms employ more than one-third of all biopharmaceutical workers in Massachusetts.

Massachusetts’s Comparative Strengths

  • Access to skilled workers in Massachusetts
  • Proximity to world-class research partners.

Flaws

  • Business regulations and permitting
  • The state government’s effectiveness in meeting business needs.

The Fundamental Policy Challenges for Pharma in Massachusetts

  • Increase the pipeline of science, technology, engineering, and math (STEM) workers
  • Increase the availability of affordable workforce housing;
  • Reduce the cost of doing business;
  • Simplify the real estate permitting process
  • Respond to business needs and concerns promptly
  • Support land assembly and infrastructure for bio-pharma manufacturing in Massachusetts.
  • Advocate for increased federal funding for biomedical research
  • Represent the industry in Washington, D.C.
  • Oppose federal efforts to impose price controls or allow drug re-importation programs.

Pharmaceutical manufacturing, life sciences research and development (R&D), and medical laboratory services are all part of the pharmaceutical industry sector.

Massachusetts is compared to its competitor states in the following: total bio-pharmaceutical employment, the total dollar value of venture capital invested in biotechnology companies, and the total dollar value of National Institutes of Health (NIH) awards. Massachusetts is ranked based on absolute performance (total employment or dollars) as well as measures that demonstrate the high value-added nature of the state’s pharmaceuticals sector.

Pharmaceutical Companies in Massachusetts

Here are some of the pharmaceutical companies operating in Massachusetts:

Agenus Inc.

Address: 3 Forbes Rd Lexington, MA, 02421-7305 United States

Phone: (781) 674-4400

Website: Click here

Sales: $295.66 million

Sales Growth: -41.24%

Year Started: 1994

Incorporated: 1999

Akebia Therapeutics, Inc.

Address: 245 1ST St Ste 1400 Cambridge, MA, 02142-1292 United States

Phone: (617) 871-2098

Website: Click here

Sales: $213.58 million

Sales Growth: -11.85%

Assets: $644 Fiscal Year End: DEC

Year Started: 2007

Incorporated: 2007

Alere Inc.

Address: 51 Sawyer Rd Ste 200 Waltham, MA, 02453-3448 United States

Phone: (781) 647-3900

Website: Click here

Sales: $1.50 billion

Year Started: 1981

Incorporated: 2001

Alkermes, Inc.

Address: 852 Winter St Waltham, MA, 02451-1439 United States

Phone: (781) 609-6000

Website: Click here

Sales: $418.11 million

Year Started: 1987

Alnylam Pharmaceuticals, Inc.

Address: 675 W Kendall St Cambridge, MA, 02142-1168 United States

Phone: (617) 551-8200

Website: Click here

Sales: $844.29 million

Sales Growth: 124.28%

Year Started: 2002

Incorporated: 2003

Ariad Pharmaceuticals, Inc.

Address: 40 Landsdowne St Cambridge, MA, 02139-4234 United States

Phone: (617) 494-0400

Website: Click here

Sales: $164.31 million

Year Started: 2016

Incorporated: 1991

Atea Pharmaceuticals, Inc.

Address: 125 Summer St Ste 1675 Boston, MA, 02110-1682 United States

Phone: (857) 284-8891

Website: Click here

Sales: $351.37 million

Year Started: 2012

Incorporated: 2012

Beigene Usa, Inc.

Address: 55 Cambridge Pkwy Ste 700W Cambridge, MA, 02142-1234 United States

Phone: (781) 801-1887

Website: Click here

Sales: $389.03 million

Year Started: 2017

Incorporated: 2015

Biogen Inc.

Address: 225 Binney St Cambridge, MA, 02142-1031 United States

Phone: (617) 679-2000

Website: Click here

Sales: $10.98 billion

Sales Growth: -6.49%

Year Started: 1978

Incorporated: 1997

Bioverativ Inc.

Address: 225 2ND Ave Waltham, MA, 02451-1122 United States

Phone: (781) 663-4400

Sales: $353.94 million

Year Started: 2016

Incorporated: 2017

Bluebird Bio, Inc.

Address: 60 Binney St Cambridge, MA, 02142-1512 United States

Phone: (339) 499-9300

Website: Click here

Sales: $250.73 million

Sales Growth: 461.25%

Year Started: 1992

Incorporated: 2012

Blueprint Medicines Corporation

Address: 45 Sidney St Cambridge, MA, 02139-4133 United States

Phone: (617) 374-7580

Website: Click here

Sales: $180.08 million

Sales Growth: 1,093.37%

Year Started: 2008

Incorporated: 2008

Brammer Bio Holding Company, LLC

Address: 250 Binney St Cambridge, MA, 02142-1026 United States

Phone: (386) 418-8199

Sales: $140.00 million

Year Started: 2016

Collegium Pharmaceutical, Inc.

Address: 100 Technology Center Dr. Ste 300 Stoughton, MA, 02072-4747 United States

Phone: (781) 713-3699

Website: Click here

Sales: $276.87 million

Sales Growth: 4.49%

Year Started: 2002

Incorporated: 2014

Dicerna Pharmaceuticals, Inc.

Address: 75 Hayden Ave Lexington, MA, 02421 United States

Phone: (617) 621-8097

Website: Click here

Sales: $164.31 million

Sales Growth: 587.36%

Year Started: 2006

Incorporated: 2006

EMD Serono, Inc.

Address: 1 Technology Pl Rockland, MA, 02370-1071 United States

Phone: (781) 982-9000

Sales: $214.21 million

Year Started: 1971

Incorporated: 1990

Fresenius Usa, Inc.

Address: 920 Winter St Waltham, MA, 02451-1521 United States

Phone: (781) 699-4191

Website: Click here

Sales: $653.80 million

Year Started: 1974

Incorporated: 1974

GE Healthcare Inc.

Address: 251 Locke Dr. Marlborough, MA, 01752-7220 United States

Phone: (732) 457-8667

Website: Click here

Sales: $2.10 billion

Year Started: 1968

Incorporated: 1994

Instrumentation Laboratory Company

Address: 180 Hartwell Rd Bedford, MA, 01730-2443 United States

Phone: (781) 861-0710

Website: Click here

Sales: $482.21 million

Year Started: 1959

Incorporated: 1991

Ironwood Pharmaceuticals, Inc.

Address: 100 Summer St Ste 2300 Boston, MA, 02110-2156 United States

Phone: (617) 621-7722

Website: Click here

Sales: $413.75 million

Sales Growth: -9.08%

Year Started: 1998

Incorporated: 1998

Johnson Matthey Pharmaceutical Materials Inc

Address: 25 Patton Rd Devens, MA, 01434-3803 United States

Phone: (978) 784-5000

Website: Click here

Sales: $118.93 million

Year Started: 1972

Incorporated: 1973

Karyopharm Therapeutics Inc.

Address: 85 Wells Ave Ste 300 02459-3215, Newton, MA United States

Phone: (617) 658-0600

Sales: $108.08 million

Sales Growth: 164.31%

Year Started: 2009

Incorporated: 2008

Kaz, Inc.

Address: 400 Donald Lynch Blvd Ste 300 Marlborough, MA, 01752-4733 United States

Phone: (508) 490-7000

Website: Click here

Sales: $121.94 million

Year Started: 1936

Incorporated: 1956

Lantheus Holdings, Inc.

Address: 331 Treble Cove Rd North Billerica, MA, 01862-2849 United States

Phone: (978) 671-8001

Website: Click here

Sales: $425.21 million

Sales Growth: -2.28%

Year Started: 1956

Incorporated: 2007

Millennium Pharmaceuticals, Inc.

Address: 40 Landsdowne St Cambridge, MA, 02139-4234 United States

Phone: (617) 679-7000

Sales: $622.99 million

Year Started: 1993

Incorporated: 1993

Moderna, Inc.

Address: 200 Technology Sq Cambridge, MA, 02139-3578 United States

Phone: (617) 714-6500

Website: Click here

Sales: $18.47 billion

Sales Growth: 1,234.34%

Year Started: 2009

Incorporated: 2016

Nitto Denko Avecia, Inc.

Address: 125 Fortune Blvd Milford, MA, 01757-1746 United States

Phone: (508) 532-2500

Website: Click here

Sales: $145.70 million

Year Started: 1996

Nova Biomedical Corporation

Address: 200 Prospect St Waltham, MA, 02453-3465 United States

Phone: (781) 894-0800

Website: Click here

Sales: $307.60 million

Year Started: 1976

Organogenesis Holdings Inc.

Address: 85 Dan Rd Canton, MA, 02021-2810 United States

Phone: (781) 575-0775

Website: Click here

Sales: $468.06 million

Year Started: 2018

Radius Health, Inc.

Address: 22 Boston Wharf Rd FL 7 Boston, MA, 02210-3032 United States

Phone: (617) 551-4000

Website: Click here

Sales: $229.97 million

Sales Growth: 37.69%

Year Started: 2003

Incorporated: 2008

Repligen Corporation

Address: 41 Seyon St Ste 100 Waltham, MA, 02453-8358 United States

Phone: (781) 250-0111

Website: Click here

Sales: $670.53 million

Sales Growth: 35.53%

Year Started: 1981

Incorporated: 1981

Sanofi Genzyme (formerly Genzyme)

Address: 50 Binney St Cambridge, MA, 02142-1512 United States

Phone: (617) 252-7500

Sales: $1.51 billion

Year Started: 1991

Incorporated: 1991

Sarepta Therapeutics, Inc.

Address: 215 1ST St Ste 415 Cambridge, MA, 02142-1213 United States

Phone: (617) 274-4000

Website: Click here

Sales: $540.10 million

Sales Growth: 41.82%

Year Started: 1980

Incorporated: 2013

Sunovion Pharmaceuticals Inc.

Address: 84 Waterford Dr. Marlborough, MA, 01752-7010 United States

Phone: (508) 481-6700

Website: Click here

Sales: $647.13 million

Year Started: 1984

Incorporated: 2003

Sumitomo Dainippon Pharma America, Inc.

Address: 84 Waterford Dr. Marlborough, MA, 01752-7010 United States

Phone: (508) 481-6700

Website: Click here

Sales: $647.13 million

Year Started: 2009

Incorporated: 2006

Takeda Pharmaceuticals U.S.A., Inc.

Address: 95 Hayden Ave Lexington, MA, 02421-7942 United States

Phone: (617) 349-0200

Website: Click here

Sales: $1.44 billion

Year Started: 1998

Incorporated: 1998

Vericel Corporation

Address: 64 Sidney St Cambridge, MA, 02139-4170 United States

Phone: (617) 588-5555

Website: Click here

Sales: $156.18 million

Sales Growth: 5.37%

Year Started: 1989

Incorporated: 1989

Vertex Pharmaceuticals Incorporated

Address: 50 Northern Ave Boston, MA, 02210-1862 United States

Phone: (617) 341-6100

Website: Click here

Sales: $7.57 billion

Sales Growth: 49.07%

Year Started: 1989

Incorporated: 1989

Voyager Therapeutics, Inc.

Address: 75 Sidney St FL 4 Cambridge, MA, 02139-4134 United States

Phone: (857) 259-5340

Website: Click here

Sales: $171.13 million

Sales Growth: 63.93%

Year Started: 2013

Incorporated: 2013

West Street Intermediate Holdings Corp.

Address: 195 West St Waltham, MA, 02451-1111 United States

Phone: (781) 434-5051

Sales: $2.44 billion

Year Started: 2017

FAQs about the pharmaceutical companies in Massachusetts

What pharmaceutical corporations have their headquarters in Boston, Massachusetts?

  • Merck & Co.
  • Acceleron Pharmaceuticals
  • Akebia Therapeutics
  • Aderis Pharmaceuticals
  • Agios Pharmaceuticals
  • Alkermes
  • Alnylam Pharmaceuticals
  • Amgen among others

How many pharmaceutical firms are there in Massachusetts?

The pharmaceutical industry in the area began about 40 years ago, and there are now more than 430 pharmaceutical companies in Massachusetts.

Many of them are concentrated in Boston and Cambridge, the state’s pharmaceutical epicenters.

Is Boston a pharmaceutical hotspot?

With over 1,000 pharmaceutical companies in the Greater Boston area, the Massachusetts capital has emerged as the world’s leading biopharmaceutical hub, generating some of the most innovative developments in treatment and diagnostic manufacturing.

How many pharmaceutical firms are there in Cambridge, Massachusetts?

According to one count, there are well over 250 pharmaceutical companies in Cambridge, with a sizable portion located in and around Kendall Square.

Conclusion

The pharmaceutical industries are major employers in Massachusetts, serving as a pillar of the state’s high-value-added, knowledge-based economy.

According to the data, Massachusetts is an international leader in biopharmaceuticals and a strong center for research and development in the industry.

Massachusetts lags behind competitor states in overall employment growth but outperforms all other states on average wages and investment per employee. The health of the industry in terms of policymaking is depending on how one defines success.

At the moment, Massachusetts is a less competitive location for lower-skilled tasks, as evidenced by lower overall employment levels when compared to competitor states.

However, Massachusetts is a dominant location for pharmaceutical product and process research and development.

There are only two places in the world that compete seriously in drug discovery and development: California and Massachusetts.

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