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The Jackson Laboratory · Bar Harbor, ME United States

Company Description

600 Main St.
Bar Harbor, ME
04609
United States (Map)
Phone: 207-288-6000
Fax: 207-288-6076
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    The Jackson Laboratory was into genetics before genetics was cool. Founded in 1929, the not-for-profit organization is a leading researcher of human diseases, their causes, and their potential cures. Much of its research into mammalian genetics is focused on mice, which share a similar genetic makeup to humans. In addition to its own research in areas such as cancer, immunology, and metabolic disease, the organization maintains colonies of mice and supplies them under the brand name JAX to other laboratories around the globe. Additionally, The Jackson Laboratory offers educational programs -- including internships, workshops, and predoctoral programs -- for both current and future scientists.

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    Key The Jackson Laboratory Financials

    Company TypePrivate - Not-for-Profit

    Headquarters
    Fiscal Year-EndMay
    Annual Sales (mil.)$160.3
    Employees1,300

    The Jackson Laboratory Executives

    15 executives listed for The Jackson Laboratory's Bar Harbor, ME location.
    TitleName & BioContact
    ChairmanBrian WruebleNetwork
    ChairmanDonald SternNetwork
    President and CEORichard WoychikNetwork

    Competition

    Competitive Landscape for The Jackson Laboratory
    Demand for biotechnology research in the fields of medicine, agriculture, food, and science is driven by insurers' willingness to pay for new medical treatments, the global need to produce more food for a rapidly expanding population, and scientists' desire to find solutions for complex scientific and medical issues. Funding for biotech research is often provided by venture capital funds hoping to cash in on new products. The profitability of individual companies depends on the discovery and effective marketing of new products. Because the market for potential products is so large, small biotechnology companies can co-exist successfully with large ones if they have expertise in a particular line of research. The industry is capital intensive: average annual revenue per worker is more than $350,000. Biotech firms face stiff competition from pharmaceutical and other companies seeking to be first with a new product or discovery. To read the full description, subscribe now.
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