Company Research Report: Fresenius Kabi
Company Overview
- Name: Fresenius Kabi
- Mission: Committed to improving patient care with life-saving medicines and technologies for critically and chronically ill patients.
- Founded: 1999 (with roots stretching to 1912, originally established by Dr. Eduard Fresenius)
- Key People:
- President and CEO: Pierluigi Antonelli
- Chief Financial Officer & Chief Compliance Officer: Andreas Duenkel
- Chief Human Resources Officer: Helio Fujita
- President Pharma & Nutrition: Dr. Marc-Alexander Mahl
- President MedTech: Dr. Christian Hauer
- President Biopharma: Dr. Sang-Jin Pak
- Headquarters: Bad Homburg, Germany
- Number of Employees: More than 43,000 worldwide (2023)
- Revenue: More than €8 billion in sales (2023)
- Known For: Specializing in biopharmaceuticals, clinical nutrition, medical technologies, and I.V. generic drugs.
Products
Overview
Fresenius Kabi offers innovative solutions across Pharma, Nutrition, MedTech, and Biopharma, focusing on high-quality healthcare results.
Detailed Product Offerings
IV Therapy
- IV Drugs and Infusion Therapy Products: Critical for emergency medicine, surgery, and intensive care.
- IV Fluids: Utilized for situations like dehydration and blood loss; features include electrolyte solutions and colloids.
- IV Drugs Portfolio: Over 160 drugs in areas like oncology, anesthetics, analgesics, and critical care.
Medical Nutrition
- Enteral Nutrition (Fresubin®): Includes ready-to-drink beverages, yogurt-style supplements, and tube feeds for patients with insufficient oral intake.
- Parenteral Nutrition: For patients unable to absorb nutrients through the digestive tract; consists of intravenous infusions.
Medical Technologies
- Comprehensive products supporting infusion and nutritional therapies, blood and plasma centers, and cell therapies.
- Integration of connected systems for data management within healthcare settings.
Biopharma
- Development and commercialization of biopharmaceuticals, particularly biosimilars in autoimmune diseases and oncology.
Recent Developments
Product Launches and Innovations
- Biosimilars:
- Launch of Tyenne®, the third approved biosimilar in the U.S.
- Ustekinumab biosimilar Otulfi™ received FDA and European Commission approval for both subcutaneous and intravenous formulations.
Strategic Partnerships
- Signed a Development Agreement with Cellular Origins for scalable automation in cell and gene therapy manufacturing.
- Partnership with Formycon, resulting in U.S. FDA approval of OtulfiTM(ustekinumab-aauz).
Awards and Recognition
- Fresenius Kabi received a prestigious sustainability award at Berlin’s Sustainability Kongress 2024 for CO₂ reduction projects.
Other Notable Developments
- Introduction of "Vision 2026," a strategic framework aimed at enhancing efficiency in therapy and global healthcare access.
- Winning the Fresenius Kabi Clinical Nutrition Award for innovative research in medical nutrition.
Conclusion
Fresenius Kabi is a noteworthy leader in providing critical healthcare solutions globally, marked by its extensive network, innovation in pharmaceuticals and nutrition, and strategic advancements through partnerships and product developments.