PlainPharmaWatch

CMS Open Payments · Program Year 2024

Biocomposites Inc

Biocomposites Inc reported $138,818.79 in payments to 1,315 physicians and teaching hospitals across 1,315 transactions.

See the rankings → How this is sourced
$138.8K
Total payments
1,315
Transactions
1,315
Recipients
+$39.3K
General Payments vs PY2023

Biocomposites Inc reported $138,818.79 in payments to 1,315 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #1097 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $105.57 per recipient across 2 payment categories. Figures are company-reported under the Physician Payments Sunshine Act; a reported payment is a financial relationship, not evidence of wrongdoing.

Data currency: Figures are rendered from the processed CMS Open Payments release. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.

Compiled from official public sources by the editorial team.

The verdict

Biocomposites Inc pairs below-median payment volume with an unusually diversified payment pattern across a wide recipient base.

#1097
of 1,925 companies
0.0%
of all US industry payments
0.1%
paid to its single top recipient
2
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

Biocomposites Inc's CMS-reported General Payments increased by $39.3K (+39.5%) from PY2023 to PY2024. The comparison uses the same CMS manufacturer-by-payment-category summary for both years and excludes research and ownership or investment records.

CMS source labels for this exact identifier: PY2022: BIOCOMPOSITES INCPY2023: BIOCOMPOSITES INCPY2024: BIOCOMPOSITES INC. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.

Subscribe to this company's source-bounded update feed It publishes only identifier-matched CMS release comparisons, never inferred company events.

General Payments: PY2023 vs PY2024

Annual CMS-reported totals for this company, not an all-category Open Payments total

PY2023$99.5KPY2024$138.8K
PY2023
$99,544.18
PY2024
$138,818.79

How Biocomposites Inc ranks nationally

Where this company's total reported payments fall within the full national distribution of all 1,925 companies in CMS Open Payments, not just its nearest peers.

Biocomposites Inc's total vs. every reporting company

CMS Open Payments, Program Year 2024

$138,819 43rd percentile higher than 43% of 1,925 reporting companies

$9–$28: 3 reporting companies (0%). Below this entry. $28–$87: 10 reporting companies (1%). Below this entry. $87–$270: 20 reporting companies (1%). Below this entry. $270–$838: 41 reporting companies (2%). Below this entry. $838–$2,603: 76 reporting companies (4%). Below this entry. $2,603–$8,084: 114 reporting companies (6%). Below this entry. $8,084–$25,112: 167 reporting companies (9%). Below this entry. $25,112–$78,003: 249 reporting companies (13%). Below this entry. $78,003–$242,294: 295 reporting companies (15%). This entry sits in this band. $242,294–$752,621: 270 reporting companies (14%). Above this entry. $752,621–$2,337,813: 263 reporting companies (14%). Above this entry. $2,337,813–$7,261,783: 200 reporting companies (10%). Above this entry. $7,261,783–$22,556,757: 133 reporting companies (7%). Above this entry. $22,556,757–$70,066,439: 45 reporting companies (2%). Above this entry. $70,066,439–$217,642,369: 26 reporting companies (1%). Above this entry. $217,642,369–$676,046,922: 13 reporting companies (1%). Above this entry. This company $9 $676,046,922 every reporting company, bucketed by value

Each bar is a progressively wider band; taller bars hold more reporting companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source CMS Open Payments · 2024

What the Data Shows for Biocomposites Inc

In Program Year 2024, Biocomposites Inc reported $138,818.79 in payments to 1,315 physicians and teaching hospitals across 1,315 individual transactions, an average of $105.57 per transaction and $105.57 per recipient. That total places Biocomposites Inc at rank #1097 out of 1,925 companies in the CMS Open Payments database, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.

1,279 transactions worth $74.1K make "Food and Beverage" the top general-payment category in the 2-category breakdown below, 53.4% of the reported total (see our methodology for how research and ownership payments are reported separately).

General Payment Breakdown by Type

"Food and Beverage" leads Biocomposites Inc's 2-category general-payment breakdown at $74.1K, 53.4% of the reported total.

How Biocomposites Inc divides its payments

General-payment categories, ordered by reported total

1. Food and Beverage$74.1K2. Consulting Fee$64.7K
Payment Type Amount Transactions
Food and Beverage $74.1K 1,279
Consulting Fee $64.7K 36

Recipient Concentration in General Payments

The five largest recipient relationships account for $51,376.92 (37.0%) of $138,818.79 in this company's General Payments records across 1,094 recipients. This is a CMS Open Payments Program Year 2024 General Payments view only: it excludes research and ownership/investment records, so it is not the all-category company total above.

Largest General-Payment relationships for Biocomposites Inc

The five named recipients with the highest reported General Payments from this company

Ilya Bendich$18.6KRobert Joseph Wetzel$13.0KStephen Quinnan$12.1KMatthew Regulski$4.1KTimothy Alton$3.6K
  1. 1

    Ilya Bendich

    $18,607.47 across 5 reported transactions

  2. 2

    Robert Joseph Wetzel

    $13,000.00 across 10 reported transactions

  3. 3

    Stephen Quinnan

    $12,055.53 across 5 reported transactions

  4. 4

    Matthew Regulski

    $4,113.92 across 4 reported transactions

  5. 5

    Timothy Alton

    $3,600.00 across 1 reported transactions

Compare this company's payment profile with similarly sized manufacturers in the company comparison tool, and consult the methodology for the CMS source scope.

Payment Size Analysis

Average transaction size: $105.57. Average per recipient: $105.57.

Total Amount

$138,818.79

Avg per Transaction

$105.57

Avg per Recipient

$105.57

Payment Transparency Context

What is the Sunshine Act?

The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.

Industry Total (2024)

$13.9B

across 1,925 companies

Biocomposites Inc Share

0.0%

#1097 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Biocomposites Inc

Peerless Surgical Inc.

$139.0K 1,223 recipients

Besins Healthcare Ireland Limited

$139.1K 16 recipients

Sirius Medical Systems

$139.4K 207 recipients

Millicent US Inc

$137.2K 7,090 recipients

New Age Medical LLC

$137.0K 19 recipients

Ancora Heart, Inc.

$136.9K 679 recipients

Frequently Asked Questions

How much did Biocomposites Inc pay to physicians and hospitals in 2024? ▾
Biocomposites Inc made $138,818.79 in payments to physicians and hospitals in Program Year 2024, across 1,315 individual transactions. This represents 0.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from Biocomposites Inc? ▾
1,315 physicians and teaching hospitals received payments from Biocomposites Inc in 2024, averaging $105.57 per recipient.
What types of payments did Biocomposites Inc make? ▾
Biocomposites Inc made 2 different types of general payments (consulting, meals, travel, and similar categories). The largest general-payment category was "Food and Beverage" at $74.1K, representing 53.4% of the company's reported total.
How does Biocomposites Inc rank among pharmaceutical companies? ▾
Biocomposites Inc ranks #1097 out of 1,925 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from Biocomposites Inc? ▾
Biocomposites Inc's 1,315 transactions to 1,315 recipients in 2024 averaged $105.57 per transaction.
Where does the payment data for Biocomposites Inc come from? ▾
This data comes from the CMS Open Payments program (Sunshine Act), which requires pharmaceutical and medical device companies to report payments and transfers of value to physicians and teaching hospitals. The data covers Program Year 2024.

Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.9B across 1,925 companies.

Data sourced from CMS Open Payments (Physician Payments Sunshine Act). See our methodology for details. Retrieved and formatted by PlainPharmaWatch Editorial
Disclaimer

This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.

Read our methodology - how this data is sourced, computed, and verified.

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Every figure on PlainPharmaWatch is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-25.