What do you know about the pharmaceutical companies in Vermont? Today, we unravel the essentials you need to know.
More than 560 clinical trials of new medicines have been conducted by pharmaceutical companies in Vermont in collaboration with the state’s university medical school, clinical research centers, and hospitals (1999 to present).
365 of the more than 560 clinical trials target the six most debilitating chronic diseases in Vermont: asthma, cancer, diabetes, heart disease, mental illnesses, and stroke.
Overview
Vermont is dedicated to good health for people, the environment, and institutions, which include schools, colleges and universities, businesses, and cities and communities.
The active research activity of pharmaceutical companies in Vermont—from Chittenden County to White River Junction, from Brattleboro to Bennington—is one significant health care effort that does not receive the attention it deserves.
Vermont Biosciences Alliance includes many of these institutions. Working frequently in collaboration with the NIH and the majority of major pharmaceutical companies, the research efforts contribute to the development of life-saving drugs, devices, and treatments.
A drug or a medical device cannot be developed by a single researcher or institution. Capital, talent, drive, initiative, and teamwork are all required.
Facts about pharmaceutical companies in Vermont
Pharmaceutical companies in Vermont have targeted disease wisely—well over half of the medications clinically tested in the state have targeted the nation’s most debilitating chronic diseases, including cancer, diabetes, heart disease, stroke, and asthma.
Nearly half of those trials are still recruiting patients. These collaborations have occurred in Burlington with researchers from the University of Vermont and Fletcher Allen Health Care Medical Center.
- Pharmaceutical companies in Vermont are currently conducting or have completed over 560 clinical trials of new medicines in collaboration with the state’s university medical school, clinical research centers, and hospitals (1999 to present).
- 365 of the more than 560 clinical trials target the six most debilitating chronic diseases in the United States: asthma, cancer, diabetes, heart disease, mental illnesses, and stroke.
- Pharmaceutical companies have provided jobs, tax revenue, and research funding to Vermont.
- According to a study conducted by BattelleTechnology Partnership Practice, the industry supported nearly 1,500 jobs in the state in 2011.
- Wages and benefits for employees supported by the pharmaceutical sector resulted in approximately $11 million in federal taxation and $2 million in state and local taxes.
- Pharmaceutical companies in Vermont contributed $267 million in economic activity to the state two years ago, including direct economic output, output from vendors and suppliers, and output generated by the purchasing power of its workforce.
- Life sciences researchers, management executives, office and administrative support workers, production workers, engineers, architects, computer and math experts, and sales representatives are among the company employees in Vermont.
- Pharmaceutical companies also supported the jobs of their vendors and suppliers, such as construction and information technology firms. Employees of pharmaceutical companies in Vermont also contribute to the success of local restaurants, daycare centers, and other community businesses.
Concerning Clinical Trials
- Clinical trials are used in the development of new medicines to demonstrate therapeutic safety and effectiveness and to compile the evidence required for the Food and Drug Administration (FDA) to approve treatments.
- Clinical trials for new drugs are conducted in three stages, accounting for an average of seven of the ten to fifteen years it takes to bring a new drug from development to patients.
- Clinical trials for a specific drug or treatment entail thousands of volunteer patient participants and the collection of tens of thousands of pages of technical and scientific data.
- Clinical trials account for 45 to 75 percent of the average $1.2 billion costs of developing a new cutting-edge biotechnology medicine.
- The trials provide another potential therapeutic option for patients. Clinical tests may provide a new avenue of care for some chronic disease patients who are still looking for the best medicines for them.
- Some trials are also carried out to compare existing treatments, while others are carried out to determine whether a drug is appropriate for a specific patient population, such as children.
- Others are being conducted to find ways to make currently approved drugs more effective, easier to use, and with fewer side effects. An Institutional Review Board (IRB), an independent committee of physicians, statisticians, local community advocates, and others, must review and approve all clinical trials to ensure that they are conducted ethically and that patient rights are protected.
- Clinical trial progress reports must be submitted to the FDA and IRB at least once a year.
- All facilities that conduct or support biomedical research involving patients must follow federal regulations and have an IRB.
New Generation Medicines in the Works
Some of the drugs tested in Vermont are cutting-edge pharmaceutical drugs. Today, pharmaceutical companies in the United States are using biotechnology to develop hundreds of new medications and vaccines.
Vermont is one of the states conducting this research and development. Biotechnology is creating new ways to not only treat disease more effectively but also to predict and even prevent it.
Biotechnology medicines are created through biological processes that use living cells or organisms, as opposed to traditional chemical synthesis, which has been the mainstay of pharmaceutical development for decades. Novel treatments employ a variety of novel approaches to disease treatment.
A monoclonal antibody, for example, is a laboratory-created version of a naturally occurring immune system protein that binds to and neutralizes foreign invaders. Interferons are proteins that inhibit a cell’s ability to reproduce.
Meanwhile, antisense drugs are medications that disrupt the communication process that instructs a cell to produce an unwanted protein. Nanotechnology is also being used in biotechnology research to develop drug delivery systems, new treatments, and diagnostics.
These technologies are used in some of the medicines being tested in clinical trials at Vermont hospitals and research facilities.
In Colchester, for example, a monoclonal antibody for the treatment of idiopathic pulmonary fibrosis is being tested. A recombinant fusion protein was studied in Burlington to treat age-related macular degeneration.
A monoclonal antibody targeting lymphoma is in clinical trials at Mountainview Medical in Berlin and Fletcher Allen Health Care Medical Center in Burlington.
The medicines and vaccines being developed today are helping to push science forward, which could lead to more and better treatments for patients.
This innovation in Vermont, as in other states, is the result of a successful collaboration between pharmaceutical companies and local research institutions.
Pharmaceutical companies in Vermont
Here’s a list of some of the pharmaceutical companies in Vermont:
- Agilent
Website: Click here
Address: 100 Tigan St, Winooski, VT 05404, United States
Phone: +1 802-655-4040
- Aircare Medical
Address: 85 Industry Street Williamstown, VT 05679
Phone: (802) 433-1355
- Airgas
Address: 65 Granite Street Barre, VT 05641
Phone: (802) 476-5901
- Amramp Western MA & VT
Address: 76 Hartness Ave Suite 2 Springfield, VT 05156
Phone: (844) 726-7327
- Apria Healthcare
Address: 37 Commerce Avenue South Burlington, VT 05403
Phone: (802) 865-7801
Website: Click here
- Biomosaics
Address: BioMosaics Inc., 655 Spear St., Building C, Burlington, VT 05405
Email: [email protected]
Phone: +1 877 742-2066/(+1 802 656-5443)
- Burlington Drug Co
Address: 91 Catamount Drive Milton, VT 05468
Phone: (802) 893-5105
Website: Click here
- Catamount Research and Development Inc.
Address: 166 Industrial Park Rd Fairfax, VT, 05454-4452 United States
Phone: (802) 527-2364
Revenue: $312,756
Year Started: 2014
Incorporated: 2006
- Ceres LLC
Address: 190 College St Burlington, VT, 05401-8305 United States
Phone: (833) 237-3767
Website: Click here
Revenue: $432,680
Year Started: 2017
- Edge Pharma, LLC
Address: 450 Weaver St Ste 3 Winooski, VT, 05404-4401 United States
Phone: (802) 992-1178
Revenue: $5.36 million
Year Started: 2013
- Elution Technologies, LLC
Address: 480 Hercules Dr. Colchester, VT, 05446-7917 United States
Phone: (802) 540-0296
Website: Click here
Revenue: $104,369
Year Started: 2012
- EQUITAS Life Sciences, LLC
Website: Click here
Email: [email protected]
Address: 5 Oliver Wight Drive, Unit B Essex, Vermont 05452
- Genoa Healthcare
Address: 181 Crawford Farm Rd Room 130, Newport, VT 05855, United States
Toll-Free Phone: (800) 519-1139
Fax: (253) 218-0336
Email: [email protected]
- Green Mountain Pharmaceutical
Address: 30 Myers Ct South Burlington, VT 05403
Phone: (802) 860-3301
Website: Click here
- Haematologic Technologies
Address: 57 River Road Unit 1021 Essex Junction, VT 05452 USA
Phone: +1 (802) 878-1777
Fax: +1 (802) 878-1776
- Herbs Horsetail
Address: 134 Manley Rd Milton, VT, 05468-9076 United States
Phone: (802) 893-0521
Website: Click here
Revenue: $129,917
Year Started: 2012
- Kaman Composite
Address: 25 Performance Drive Bennington, VT 05201
Phone: (802) 442-9964
- Keene Medical Products
Address: 160 Benmont Ave Suite 26 Bennington, VT 05201
Phone: (802) 447-7468
- Lincare
Address: 201 South St Ste D Bennington, VT 05201
Phone: (802) 440-8125
- MBF Bioscience
Address: 185 Allen Brook Lane, Suite 101 Williston, VT 05495 USA
Phone: 1-802-288-9290
Fax: 1-802-288-9002
Email: [email protected]
- Mellow Root Herbals
Address: 200 McNally Dr. Waterville, VT, 05492-9709 United States
Phone: (802) 318-5518
Revenue: $111,995
Year Started: 2018
- Microstrain
Address: 459 Hurricane Ln Suite 102 Williston, VT 05495
Phone: (802) 862-6629
- Mobilityworks
Address: 5a David Drive Essex Junction, VT 05452
Phone: (802) 222-0265
- Mylan Inc
Address: 700 Industrial Park Road St. Albans, VT 05478
Phone: (724) 514-1800
- New Chapter, Inc.
Address: 90 Technology Dr. Brattleboro, VT, 05301-9180 United States
Phone: (800) 543-7279
Revenue: $52.53 million
Year Started: 1986
Incorporated: 2005
- Prolytix
Address: 57 River Road Unit 1021 Essex Junction, VT 05452 USA
Phone: +1 (802) 878-1777
Fax: +1 (802) 878-1776
- RESTART
Address: 119 Honeysuckle Lane Williston, VT 05495
Phone: (315) 842-7100
- Rite Aid Pharmacy
Address: 213 Main St, Ludlow, VT 05149, United States
Phone: +1 802-228-8477
- Rogue Herbalist
Address: 2859 Gregg Hill Rd Waterbury Center, VT, 05677-8102 United States
Phone: (904) 327-4317
Revenue: $67,702
Year Started: 2018
- Sensorium Inc
Address: 617 Dorset Street Charlotte, VT 05445
Phone: (802) 425-2161
Website: Click here
- Smith Drug Company
Address: 91 Catamount Dr, Milton, VT 05468, United States
Phone: +1 (800) 338-8703
Fax: +1 (864) 591-0333
- Sweet Fern Gardens, LLC
Address: Roxbury, VT, 05669 United States
Phone: (802) 728-4971
Revenue: $284,689
Year Started: 2018
- The Pharmacy Inc.
Address: 205 North Street Bennington, VT 05201
Phone: (802) 442-5602
- Unither Neurosciences Inc
Address: 82 Pearl Street Burlington, VT 05401
Phone: (802) 651-0147
Website: Click here
- Vernal Biosciences
Address: 261 Mountain View Dr. Colchester, VT 05446
Phone: (512) 791-9680
- Vermed Inc
Address: 9 Lovell Drive Bellows Falls, VT 05101
Phone: (802) 463-9976
- Vermont Family Pharmacy Inc
Address: 1219 North Ave Suite 10 Burlington, VT 05408
Phone: (802) 658-9664
- Yankee Medical
Address: 141 Fairfax Road St. Albans, VT 05478
Phone: (802) 527-1343
- Zydus Noveltech Inc
Address: 1775 Williston Rd Suite 210 South Burlington, VT 05403
Phone: (802) 861-4111
Website: Click here
FAQs about the pharmaceutical companies in Vermont
- How many clinical trials have been sponsored by pharmaceutical companies in Vermont?
In Vermont alone, biopharmaceutical research companies have sponsored 365 clinical trials of potential new medicines for asthma, cancer, heart disease, stroke, diabetes, and mental illnesses since 1999. 48 of these trials are either not yet recruiting or are only now looking for Vermont patients. The 48 trials are taking place at 49 different locations throughout Vermont.
- What is the employment rate in Vermont’s pharmaceutical sector?
According to a study conducted by BattelleTechnology Partnership Practice, the industry supported nearly 1,500 jobs in the state in 2011.
Wages and benefits for employees supported by the pharmaceutical sector resulted in approximately $11 million in federal taxation and $2 million in state and local taxes.
- What are the top pharmaceutical companies in Vermont?
Top pharmaceutical firms
- Inc. Mylan
- Agilent Technologies, Inc.
- Scientific Eurofins
- Perrigo
- AstraZeneca
- Merck
- What is the economic impact of pharmaceutical companies in Vermont?
Pharmaceutical companies in Vermont contributed $267 million in economic activity to the state two years ago, including direct economic output, output from vendors and suppliers, and output generated by the purchasing power of its workforce.
Vermont will soon become the first state in the country to require pharmaceutical manufacturers to explain the reasons for price increases.
Conclusion
The close collaboration of pharmaceutical companies with clinicians and research institutions in Vermont benefits patients, the state’s economy, and the advancement of science and patient care. Clinical trials stimulate pharmaceutical research and provide a consistent source of revenue for state medical schools, hospitals, and contract research organizations.
Furthermore, the drugs being tested are sometimes cutting-edge cell and protein treatments that have the potential to be safer and more effective than older chemical compound drugs.
Furthermore, Vermonters interested in participating in clinical trials have a variety of options, including 48 trials of new medicines for the six most debilitating chronic diseases.
Editors Picks
Pharmaceutical companies in Australia
Best pharmaceutical companies in the world
Pharmaceutical companies in Romania
Learn about the Ghanian pharmaceutical companies
5 comments