Based in Framingham, Massachusetts, the New England Compounding Center was founded by brothers-in-law Greg Conigliaro and Barry Cadden.
The original location of the company's plant was in Framingham, Massachusetts next to its sister-companies New England Compounding Center and Medical Sales Management.
In 2009, they purchased and started operations at two new locations, 205 and 203 Flanders Road in nearby Westborough, Massachusetts, to accommodate the steady growth of the company.
[10] Following the bankruptcy, a Reuters investigation into financial filings revealed company payments exceeding $33 million to the top executives and private equity investors in 2012.
Additionally, WCVB reported that between 2011 and 2013, majority shareholders Carla and Doug Conigliaro received a total of $48.1 million from NECC and its sister company, Ameridose.