Magazine: NxStage fastest growing Mass. company

LAWRENCE, Mass.—Medical device company NxStage Medical has been recognized as the fastest growing company in Massachusetts for the second year in a row by the Boston Business Journal.

NxStage's CEO, Jeffrey H. Burbank, credits the company's strategic efforts to increase awareness of daily home hemodialysis therapy, patient adoption of the therapy, and the completion of its Medisystems acquisition as key drivers behind NxStage's 188 percent revenue growth between 2006 and 2007.

"We are very pleased to be selected as the fastest growing company in Massachusetts for the second year in a row," Burbank said in a statement. "Our strong growth and continued success validate the strength of our strategy to provide innovative products that deliver enhanced benefits to patients and providers across all three of our product markets."