Three Dallas-based companies made this year’s list of the 100 most influential companies compiled by Time Magazine.
Colossal Biosciences, Cost Plus Drugs, and Therabody were all featured on the list published on June 21, meaning Dallas was strongly represented this year. In fact, only the San Francisco Bay area, Los Angeles, New York, and London had more companies on the list.
Time’s list has been released each year since 2021 and highlights various categories of companies, including leaders, “disruptors,” innovators, titans, and pioneers.
According to the team at Time Magazine, they nominate different companies and evaluate each individually before determining the entire list.
“To create TIME100 Companies, our editors, led by Emma Barker, seek nominations from across sectors, and poll our global network of contributors and correspondents, as well as outside experts,” wrote editor-in-chief Sam Jacobs for Time Magazine. “Then we evaluate each on key factors, including impact, innovation, ambition, and success. The result is a diverse group of businesses helping chart an essential path forward.”
One Dallas-based company that is featured on the disruptor portion of the list is Colossal Biosciences, a company that is trying to develop a process known as “de-extinction,” as reported by The Dallas Express.
George Church and Ben Lamm founded the company in 2021 and raised over $150 million in a recent funding round, according to Nature Tech.
The Colossal website says they have a goal to “revolutionize history and be the first company to use CRISPR technology successfully in the de-extinction of previously lost species.”
As The Dallas Express previously covered, one of Colossal’s projects is to bring back the dodo bird species, which disappeared in 1690. The bird’s genome was fully sequenced by scientists in March 2022.
The next company based in Dallas on Time’s list is Cost Plus Drugs, another disruptor that allows customers to purchase their prescription drugs directly from the source to make medication cheaper.
As previously covered in The Dallas Express, the Dallas-based online pharmacy offers medication for its true price with just a 15% markup and pharmacy fee, which significantly reduces the price of prescription drugs when compared to other companies.
On its website, the company has said its goal is to reduce suffering by providing a low-cost alternative to traditional pharmacies.
“If you don’t have insurance or have a high deductible plan, you know that even the most basic medications can cost a fortune,” wrote the company. “Many people are spending crazy amounts of money each month just to stay healthy. No American should have to suffer or worse — because they can’t afford basic prescription medications.”
Finally, the third Dallas-based company on the list is Therabody, an at-home healing outfit placed in the innovator section of the list.
Therabody released its first product, the Theragun, in 2016 and has seen major success.
Since 2022, the company has released over 15 new products meant to “relieve pain and stress, improve sleep, increase physical performance, and support skin and beauty health,” said CEO and president Monty Sharma, per Time Magazine.
