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News Briefs

Berkshire Sterile Ranked In The Top 50 Fastest-growing Women-led Companies

Berkshire Sterile Manufacturing (BSM) is a small-scale fill-finish CMO located in Lee, MA. For the second year in a row, The Women Presidents’ Organization (WPO) and JPMorgan Chase identified the company as a top-growing woman-led and woman-owned business.

The Women Presidents’ Organization (WPO) and JPMorgan Chase Commercial Banking created a list of the fastest-growing women-led or women-owned companies. After, they recognized the top 50. If you would like to qualify for the ranking, your business must be privately held, woman-owned or -led. Also, they must have annual revenues of at least $500,000 in each of the past five years. Finally, they ranked all eligible companies according to a sales growth formula that combines percentage and absolute growth. From January to December of 2021, the 50 Fastest generated a combined $6.8 billion in revenue. Collectively, they employed more than 30,000 people.

Starting BSM

BSM co-founder and co-owner, Dr. Andrea Wagner helped establish Berkshire Sterile Manufacturing in 2014, and the company has since exploded in growth. BSM was recognized as the 21st fastest-growing company in 2021 by the WPO and JPMorgan. In 2020, BSM ranked seventh on their list. Currently, Andrea serves as the Chief Technical Officer. She closely watches the coordination of the process engineering, quality control, business development, and project management teams to meet the constantly changing customer requirements and critical deadlines.

BSM remained highly profitable and grew its team to 200 employees. This came after a brief shutdown of the company’s largest filling line to update and enhance it in 2021 and a lower demand for COVID treatment productions. BSM continues to project significant growth. They are also currently installing a new filling line that will expand its capacity three-fold.

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Dr. Andrea Wagner (center), accepts an award for ranking in the 50 fastest growing woman-led companies for 2021.

About Dr. Andrea Wagner

The same week, BSM was awarded by the WPO, Andrea Wagner was recognized as an Enterprising Woman of the Year for 2022 . The highly competitive and prestigious award celebrates the world’s top female entrepreneurs. Berkshire Sterile was the second recognized company on this list of 92 winners.

Dr. Andrea Wagner stated, “I never set out to be recognized when I created this company. We [the co-founders] had a goal to provide the best drug product manufacturing, enhance the state-of-art in sterile filling and surround this with the highest quality assurance achievable and impeccable customer service. Each day, we strive to get a bit smarter about how we do things. Finally, this has led us to our success that far exceeded our expectations. We don’t expect to slow down anytime soon.”

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About Berkshire Sterile Manufacturing

Berkshire Sterile is a state-of-the-art fill/finish contract manufacturer which specializes in sterile filling of syringes, vials and cartridges for the biotech and pharmaceutical industries. BSM also offers terminal steam sterilization of syringes, specialty filling, lyophilization of vials, dual-chamber liquid/liquid and liquid/lyo all within an isolator. Also offered are: Lyophilization development, formulation development and method developments. Please visit the company’s website or contact Berkshire Sterile at info@berkshiresterile.com for more information.

Want to grow your own business? Trying to find funding? Check out our article It’s Time to Apply to June’s Money Resources!

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