Cubist Achieves Top Biotech Ranking in Globe 100 List
News May 20, 2013
For the fifth consecutive year, Cubist Pharmaceuticals, Inc. has been named to the Globe 100 annual list, the Boston Globe’s annual ranking of the 100 top-performing public companies headquartered in Massachusetts. Cubist was ranked number six overall and was named the top performing biotech company. The 2013 list was published in the Globe 100 Magazine in the Sunday Boston Globe on May 19.
Cubist, a leading biopharmaceutical company focused on the research, development, and commercialization of pharmaceutical products that address significant unmet medical needs in the acute care environment, is headquartered in Lexington, Mass. and employs approximately 780 people. Total net revenues in 2012 grew 23 percent to $926.4 million compared to $754.0 million in 2011.
"Inclusion in the Globe 100 represents an achievement our employees and shareholders should be very proud of as it acknowledges the value of our efforts to deliver breakthrough treatments for patients in an acute care setting,” said Michael Bonney, chief executive officer of Cubist. “As outlined in 2012, our Building Blocks of Growth strategic initiative provides a terrific roadmap for us to achieve continued growth in the Commonwealth and improve treatment options in areas of high unmet medical need. We look forward to many more years as a Globe 100 company.”
Based on a composite score derived from financial data for the four quarters ending December 31, 2012, Cubist was ranked 6th among Massachusetts-based companies whose stock is publicly traded on NASDAQ, New York Stock Exchange or American Stock Exchange. Cubist was ranked 1st among top performing biotechnology companies.
U.S. Study of Dapivirine Ring in Lactating Women Finds Little Drug Gets Into Breast MilkNews
The antiretroviral drug dapivirine that is released from an experimental vaginal ring to protect against HIV is absorbed in very low concentrations into breastmilk.READ MORE
Cell Recycling System Offers Therapeutic Entry Point for Rare Disease TreatmentNews
Scientists have demonstrated how an investigational drug works against a rare, fatal genetic disease, Niemann-Pick type C1 (NPC1).READ MORE
Bone Cancer Drug Targets Tumors, Spares Other OrgansNews
A study led by The University of Texas MD Anderson Cancer Center found a drug known as bone metastasis-targeting peptidomimetic (BMTP-11) has potential as a new therapeutic strategy for this devastating illness.READ MORE
Comments | 0 ADD COMMENT
EMBL Conference: European Conference of Life Science Funders and Foundations
Apr 19 - Apr 20, 2018
EMBL Course: Target Engagement in Biology and Drug Discovery
Feb 19 - Feb 23, 2018