Regeneron Ranks as One of Most Innovative Companies by Forbes
Wednesday, August 24, 2016
Source: Albany Business Review
Regeneron Pharmaceuticals was ranked No. 3 on a list of the most innovative companies in the world by Forbes magazine.
This is the fourth straight year the drugmaker has been on the list. The No. 3 ranking is the highest spot yet for the company and puts it ahead of some noted innovators, such as Amazon, Under Armour and Netflix.
Regeneron is headquartered in Tarrytown, and the bulk of its manufacturing is done in East Greenbush. More than 1,400 people are employed there, a growth of more than 1,000 employees over the past five years. The local investment is likely to increase, as the company purchased the former Pitney Bowes building in North Greenbush and has filed plans to invest $25 million on a second manufacturing campus in the region.