Biotechs swarm to “Bad for Business” New Jersey

Chris Christie, the geniuses at the Tax Foundation (a right-wing think tank), and other conservatives constantly spout about how New Jersey is unfriendly to businesses, because of “high” state taxes. They forgot to tell that to the biotech industry, which has expanded substantially in the state over the last two years. In a survey by BioNJ, the biotechnology trade group in the state, 78% of the 300 biotech companies in the state said that they expect to hire more employees in the next year.

The fact is, high tech employers see New Jersey as a great place to do business because of the state’s educated population. Cuts to education funding may well damage the state’s ability to attract high tech jobs far more than a millionaire’s tax would.

Comments (7)

  1. FormerBureaucrat

    capable of doing the writing, reading, and has the computational skills that allow those companies to be competitive.  Kill the school system and see what happens as NJ becomes the next Alabama or Mississippi.  

    Reply
  2. Winston Smith

    and cite his flawed, ideological, right wing, myth based, fact free policy correctly:

    NJ taxes AND regulations (especailly environmental regualtions) are what kills investment adn economic development in NJ!!!

    Sources:

    1) Red Tape Review Report;

    2) Exctuive Order #2

    3) DEP Transtion Report

    4) numerous statements by administration officials – too numerous to cite!!!!

    Reply
  3. denniscmcgrath

    “In fact, tell me any company manufacturing Pharmaceuticals in NJ?  Very few!”

    That is just rank uneducated, unresearched bullshit, baby.

    Oh, where to begin …

    Lonza Biologics  

    Allendale

    A member of the Fine Chemicals and Specialties Division of Lonza Group. Lonza Biotechnology consists of two units: Lonza Biotec (microbial fermentation) and Lonza Biologics (mammalian cell culture).

    VioQuest Pharmaceuticals

    Basking Ridge

    VioQuest Pharmaceuticals is involved in the acquisition, development, and commercialization of therapies for oncology, viral and autoimmune disorders.

    Xanodyne Pharmaceuticals

    Basking Ridge

    Xanodyne Pharmaceuticals is a specialty pharmaceutical company focused on products in women’s health, urology and pain management.

    Unigene Laboratories

    Boonton

    Unigene Laboratories, Inc. is a biopharmaceutical company engaged in the research, production and delivery of valuable therapeutic peptide hormones.

    ImClone

    Branchburg

    ImClone is a biopharmaceutical company dedicated to the development of novel treatments for cancer and cancer-related disorders.

    Alpharma

    Bridgewater

    Alpharma Inc. is a growing specialty pharmaceutical company with global leadership positions in products for humans and animals.

    Enzon

    Bridgewater

    Enzon, Inc. is a biopharmaceutical company developing and commercializing enhanced therapeutics for life-threatening diseases through the application of its proprietary technologies, PEG-Modification or PEG and Single-Chain Antibodies (SCA®).

    King Pharmaceuticals

    Bridgewater

    King Pharmaceuticals manufactures a wide range of products in several therapeutic areas.

    Agilent Technologies

    Budd Lake

    Agilent Technologies is a global, diversified technology company focusing on high-growth markets in the communications, electronics, life sciences and healthcare industries.

    Emisphere Technologies

    Cedar Knolls

    Emisphere Technologies is a biopharmaceutical company specializing in the oral delivery of therapeutic macromolecules and other compounds that are not currently deliverable by oral means.

    OSI Pharmaceuticals

    Cedar Knolls

    OSI’s research programs are focused in the areas of cancer therapeutics and diagnostics, cosmeceuticals, and anti-infectives.

    Baxter Healthcare

    Cherry Hill

    Baxter is a global leader in delivering critical therapies for life-threatening conditions. All Baxter technologies are related to the blood and circulatory system. Baxter has manufacturing in Cherry Hill.

    Abbott Laboratories

    Cranbury

    Abbott Labs is a biotech company with a wide range of pharmaceutical and diagnostic products. Abbott has thier pharmaceutical products division in Cranbury.

    BioTime

    Cranbury

    BioTime, Inc. is engaged in the research and development of aqueous-based synthetic solutions that may be used as plasma expanders, organ preservation solutions, or solutions to replace blood volume during low temperature surgery.

    Caliper Life Sciences

    Cranbury

    Caliper Life Sciences Corp. is a leader in lab-on-a-chip technology.

    Endo Pharmaceuticals

    Cranbury

    Endo Pharmaceuticals is involved in the research, development, comercialization and marketing of prescription pharmaceuticals to treat and manage pain.

    Purdue Pharma

    Cranbury

    Purdue Pharma is involved in the discovery, development, manufacture, and marketing of small molecule drugs for persistent pain.

    Abbott Laboratories

    East Windsor

    Abbott Labs is a biotech company with a wide range of pharmaceutical and diagnostic products. Abbott has thier medical diagnostics products division in

    East Windsor.

    NexMed

    East Windsor

    NexMed is involved in the discovery, development and comercialization of drugs based on NexACT, a proprietary transdermal drug delivery system.

    aaiPharma

    Eatontown

    aaiPharma is involved in the acquisition, improvement, and marketing of branded medicines primarily in pain management and critical care.

    New Brunswick Scientific

    Edison

    New Brunswick Scientific provides technology to the life sciences market, enabling the discovery, development and production of pharmaceuticals and other biologicals.

    Thoratec Laboratories

    Edison

    Thoratec Laboratories Corporation develops, manufactures and markets devices for patients with life-threatening cardiac diseases and vascular (blood vessel) disorders.

    Unigene Laboratories

    Fairfield

    Unigene Laboratories, Inc. is a biopharmaceutical company engaged in the research, production and delivery of valuable therapeutic peptide hormones.

    Beardsworth

    Flemington

    Beardsworth is a full service contract research organization (CRO) that specializes in complicated trials. They have conducted trials in a wide range of therapeutic areas, but specialize in oncology.

    SRI

    Fort Monmouth

    SRI International is an independent, nonprofit research institute conducting client-sponsored research and development for government agencies, commercial businesses, foundations, and other organizations. SRI also brings its innovations to the marketplace by licensing its intellectual property and creating new ventures.

    Becton Dickinson

    Franklin Lakes

    BD manufactures and sells medical supplies and devices and diagnostic systems for use by healthcare professionals, research institutions, industry and the general public.

    Advanced Biomedical Research

    Hackensack

    Advanced Biomedical Research, Inc. (ABR) is a full service contract research organization.

    Bristol-Myers Squibb

    Hamilton

    Bristol-Myers Squibb is a leading diversified worldwide health and personal care company whose principal businesses are medicines, beauty care, nutritionals, and medical devices.

    Nymox Pharmaceutical Corp

    Hasbrouck Heights

    Nymox Pharmaceuticals is a development stage biopharmaceutical company. It has two subsidiaries, Nymox Corporation and Serex, Inc.

    Pharmos

    Iselin

    Pharmos is invovled in the discovery, development, and comercialization of drugs to treat neurological and inflammatory conditions.

    AccuMed

    Lawrencville

    AccuMed is involved in the development and manufacturing of over the coutner (OTC) products for a variety of gastrointestinal, cold, and oral care needs.

    Bristol-Myers Squibb

    Lawrencville

    Bristol-Myers Squibb is a leading diversified worldwide health and personal care company whose principal businesses are medicines, beauty care, nutritionals, and medical devices.

    Columbia Laboratories

    Livingston

    Columbia Laboratories is an AMEX listed, drug delivery pharma company focusing on women’s healthcare.

    Valeant Pharmaceuticals

    Madison

    Valeant Pharmaceuticals is involved in the discovery, development, and commercialization of products primarily focused in infectious disease, neurology, and dermatology.

    Barr Pharmaceuticals

    Montvale

    Barr Phramaceuticals, Inc. is engaged in the development, manufacture and marketing of generic and proprietary pharmaceuticals. Barr has manufacturing facilites in Northvale.

    Bayer

    Montville

    Bayer develops and markets various drugs and chemicals.

    Pearl Therapeutics

    Morristown

    Pearl Therapeutics is focused on developing combination therapies for the treatment of chronic obstructive pulmonary disease (COPD), asthma, and other chronic respiratory diseases.

    Watson Pharmaceutical

    Morristown

    Watson Pharmaceuticals develops, manufactures and markets a comprehensive array of branded and off-patent pharmaceutical products. Watson markets its proprietary products through four divisions: Dermatological, Women’s Health, Neuro-Psychiatric and Primary Care.

    Hemispherx Biopharma

    New Brunswick

    HEMISPHERx BIOPHARMA, INC has devoted nearly three decades to exploring, understanding, and mastering the mechanism of RNA technology.

    Johnson & Johnson

    New Brunswick

    Johnson & Johnson manufactures a broad range of products in the health care field. Their business is divided into three segments: Consumer, Pharmaceutical and Professional.

    Spectrum Quality Products

    New Brunswick

    Spectrum Quality Products is a customer-focused manufacturer and distributor of high quality chemicals, safety products and lab equipment for the laboratory and manufacturing facility.

    Charles River Laboratories

    New Field

    Charles River Laboratories is a global provider of solutions that advance the drug discovery and development process. Charles River Laboratories is the largest laboratory animal production company in the world, and also offers a number of preclinical and clinical support capabilities.

    Baxter Healthcare

    New Providence

    Baxter is a global leader in delivering critical therapies for life-threatening conditions. All Baxter technologies are related to the blood and circulatory system. Baxter has manufacturing in New Providence.

    BioDelivery Sciences Intl

    Newark

    BioDelivery Sciences International is invovlved in the development and commercialization of drug delivery technologies for currently marketed therapeutics, nutritional supplements.

    Elite Pharmaceuticals

    Northvale

    Elite Pharmaceuticals is involved in development and manufacture of oral, controlled release products.

    Agilent Technologies

    Paramus

    Agilent Technologies is a global, diversified technology company focusing on high-growth markets in the communications, electronics, life sciences and healthcare industries.

    MannKind

    Paramus

    MannKind is focused on the discovery, development and commercialization of therapeutic products for diseases such as diabetes and cancer.

    Abbott Laboratories

    Parsipanny

    Abbott Labs is a biotech company with a wide range of pharmaceutical and diagnostic products. Abbott has thier pharmaceutical products division in Parsippany.

    The Medicines Company

    Parsipanny

    The Medicines Company is involved in the acquisition, development, and commercialization of drugs used in acute care.

    Celldex

    Phillipsburg

    Celldex is focused on the discovery, development and commercialization of targeted immunotherapies.

    Integra LifeSciences

    Plainsboro

    Integra LifeSciences develops, manufactures and markets medical devices, implants and biomaterials.

    Advanced Biomedical Research

    Princeton

    Advanced Biomedical Research, Inc. (ABR) is a full service contract research organization.

    Covance

    Princeton

    Covance is one of the world’s largest and most comprehensive drug development services companies.

    Derma Sciences

    Princeton

    Derma Sciences is a full-line wound management & skin care products company.

    Ranbaxy Pharmaceuticals

    Princeton

    Ranbaxy Pharmaceuticals is involved in the production and marketing of approved generic pharmaceuticals.

    VIA Pharmaceuticals

    Princeton

    VIA Pharmaceuticals is focused on the development of small-molecule drugs to treat cardiovascular and metabolic disease.

    Ortho-McNeil

    Raritan

    Ortho-McNeil is involved in the discovery, development, manufacture and marketing of small molecule drugs in the areas of pain management, acid reflux disease, and infections.

    SRI

    Shrewsbury

    SRI International is an independent, nonprofit research institute conducting client-sponsored research and development for government agencies, commercial businesses, foundations, and other organizations. SRI also brings its innovations to the marketplace by licensing its intellectual property and creating new ventures.

    Akorn

    Somerset

    Akorn manufactures and distributes a wide variety of products for the ophthalmic industry – pharmaceuticals, diagnostics, over-the-counter products, medical office products, surgical products, and surgical instruments.

    Alfacell

    Somerset

    Alfacell Corporation is a biopharmaceutical company engaged primarily in the research and development of novel ribonuclease (RNase) enzymes for various therapeutic applications.

    Celgene

    Summit

    Celgene is a pharmaceutical company with a major focus on the discovery, development and commercialization of small molecules for cancer and immunological diseases.

    Discovery Laboratories

    Totowa

    Discovery Laboratories is involved in the development and commercialization of respiratory disease treatments, with a focus on Surfactant Replacement Therapies.

    Idexx Laboratories

    Totowa

    Idexx Laboratories, Inc. is a world leader in providing diagnostic, detection, and information products to the animal health industry as well as quality assurance products and services to the dairy and water industries.

    Purdue Pharma

    Totowa

    Purdue Pharma is involved in the discovery, development, manufacture, and marketing of small molecule drugs for persistent pain.

    Clinical R&D Services

    Wayne

    Clinical R&D Services is a full service clinical research organization (CRO).

    Merck & Co.

    Whitehouse Station

    Merck discovers, develops, manufactures and markets a broad range of innovative products to improve human health.

    Par Pharmaceutical

    Woodcliff Lake

    Par Pharmaceutical is involved in the research, development, manufacture, and distribution of generic drugs in the United States.

    Becton Dickinson

    Wyckoff

    BD manufactures and sells medical supplies and devices and diagnostic systems for use by healthcare professionals, research institutions, industry and the general public.

    Reply

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