Sanofi is boosting its consumer healthcare business in Spain. The French pharmaceutical company has created a new company, Opella Healthcare Spain, to increase its presence in the self-care market, sources at Sanofi have confirmed to PlantaDoce.
The French company is building, within its own organization and in different countries around the world, entities under the umbrella of Opella Healthcare. The aim of this new company is to “operate with the necessary agility and speed of the market, as well as with the maximum potential of its teams,” the sources explained.
Sanofi wants to ensure that its consumer healthcare business operates with the most advanced standards and processes applicable in this specific area, with a continued focus “on ethics, consumer safety, and quality.”
Find more about the new company founded by Sanofi in Spain and read the latest financial headlines of the day with our companion app, Born2Invest.
Sanofi seeks to apply the most advanced standards and processes in the ”er healthcare” business
The company says the operating context of the self-care industry is different from that of the prescription drug industry. Sanofi, which will continue to own its self-care business, has made this structural move to enable self-care solutions to be made available to consumers and healthcare professionals in a more efficient manner.
This same operation is being carried out by Sanofi in Argentina, Austria, Belgium, Brazil, Colombia, Czech Republic, Ecuador, Egypt, France (where these entities will be headquartered), Greece and the United Kingdom, among other countries.
Sanofi has more than 1,200 employees in Spain, two national headquarters, a center specialized in international projects, and a production plant. The French pharmaceutical company has invested $89.6 million (€74.6 million) in research, development, and innovation in the last five years.
Sanofi has more than 1,000 employees in Spain, where it has a specialized center and a production plant
The group has 27 molecules in clinical development in national centers, including vaccines, and last year produced 84 million units of drugs at its plant in Riells i Viabrea, in the province of Girona. Up to 120 countries receive medicines manufactured in Spain.
Sanofi Spain’s headquarters are located in Barcelona, in the Torre Diagonal Mar building. The French group’s subsidiary also has a delegation in Madrid and a sales team distributed throughout the national territory. In addition, since 2017, the company has a second headquarters in Barcelona where international corporate projects are developed.
Sanofi Spain has had its industrial center in the town of Riells i Viabrea since 1972 and is made up of a team of 300 people. The plant is one of the company’s most competitive on a global scale, with a production volume of up to 5% of the group’s worldwide manufacturing.
The plant specializes in the production of solid forms (tablets and capsules) and produces more than forty different references.
Sanofi Spain is led by Margarita López, its general manager in the country.
Sanofi tripled its profit in 2020 to $14.8 billion (€12.3 billion). The net result of Sanofi’s activities increased by 9.6% in absolute figures and by 4.2% in comparable data, to $8.83 billion (€7.35 billion). In addition, revenues rose by 3.3% to $43.3 billion (€36.04 billion).
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First published in PlantaDoce, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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