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Almirall

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Almirall, S.A.
Company typeSociedad Anónima
BMAD: ALM
ISINES0157097017
Founded1944
FounderAntonio Gallardo Carreras
Headquarters
Ronda del General Mitre, 151
08022 Barcelona
Spain
Area served
International
ProductsEbglyss, Ilumetri, Wynzora, Klisyri, Seysara, Ebastel, Monodox, Acticlate, Almogran, Tesavel & Efficib, Solaraze, Airtal, Decoderm, Cordran, Almax, Parapres, Balneum, Sativex, Cleboril, Monovo, Actikerall.[1]
RevenueIncrease €898.8 million (2023)[2]
Increase €33.5 million (2022)[3]
Total assetsIncrease €2.302 billion (2022)[3]
Number of employees
Decrease 1,904 (2023)[4]
SubsidiariesArax Co., Ltd. (Japan)
Websitewww.almirall.com

Almirall, S.A. is a Spanish pharmaceutical company dedicated to medical dermatology, with headquarters in Barcelona, founded in 1944.[5]

In 2023, the company generated total revenues of €898.8[6] million and was the leading European company in medical dermatology.

With approximately 1,904 employees (2023), it has a direct presence in 20 countries through its 15 subsidiaries in Europe and the USA.[7]

History

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Vial containing cloperastine fendizoate produced by Almirall.

Early history

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Almirall SA was founded in 1944 in Spain. In 1979, the company launched gastroprokinetic clebopride in Spain, the first product from the company’s internal R&D team. In 1984, the business launched antacid product, almagate, in Spain, as well as anti-inflammatory piketoprofen in 1985 and antihistamine ebastine and cinitapride in 1985. In the same year, Almirall opened its first subsidiary, based in Belgium. In 1992 the company launched aceclofenac and a year later opened its second foreign subsidiary, in Portugal. The company's new headquarters were opened in Barcelona, in 1994. In 1997 Almirall and Prodesfarma merged their interests.[8]

Further expansion

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In 2000 the FDA approved anti-migraine agent almotriptan. A year later the company opened its Mexican subsidiary as well as acquiring its French affiliate. Beginning in 2002, Almirall opened a series of European based subsidiaries; Italy (2002), Germany (2003), Austria, Poland, the United Kingdom, Ireland and Switzerland (2008), Nordic Countries (2010) [9] and Netherlands (2013).

In 2005 the business acquired the commercial rights for Sativex in Europe for the treatment of spasticity associated to multiple sclerosis. In 2006, the company opened its new R&D Centre based in Sant Feliu de Llobregat as well as the acquisition of the Centre of Excellence for Inhalation Technology.

In 2007, the company floated on the Spanish stock market, as well as acquiring European dermatology specialist, Hermal. The company also acquired a portfolio of eight products from Shire plc.

In 2011, Almirall launched Actikerall prescribed for the local treatment of actinic keratosis.

In 2012, Almirall opened its first North America subsidiary, based in Canada[9] and launched aclidinium, prescribed for chronic obstructive pulmonary disease (COPD), in Europe under the brand Eklira Genuair and Bretaris Genuair and in the United States under the brand Tudorza Pressair. The business also launched Monovo, for the treatment of inflammatory skin diseases such as psoriasis.

Medical dermatology

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Almirall began a concentrated focus on medical dermatology in 2013,[10] following the acquisition of another specialist dermatology company, Aqua Pharmaceuticals. The company launched linaclotide in Europe (Constella) for irritable bowel syndrome with constipation (IBS-C) and opened its Netherlands subsidiary.[9]

In 2014 Almirall divested its rights to its respiratory franchise to Astrazeneca focussing on dermatology, later in 2015 declaring its strategic intention to become a leading pharmaceutical company in the field of dermatology and continuing with its expansion by acquiring Poli Group Holding and ThermiGen LLC in 2016.[11]

In May 2022, a new generational change took place within the founding family, with the replacement of Jorge Gallardo Ballart by his son Carlos Gallardo Piqué at the head of the non-executive presidency of the company.[12] Six months later, Carlos Gallardo also assumed the executive management.

Activities

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Almirall collaborates with various public and private entities, such as the Centro Superior de Investigaciones Científicas (CSIC), the Instituto de Investigación Biomédica and the Parc Científic de Barcelona[13] in Spain. Highlighted among the international alliances are those with the Imperial College London (United Kingdom) and the National Institute of Health (NIH) in the United States. Almirall participated in the creation of the Barcelona Respiratory Network Foundation.[14] In Europe, the company has contributed in several projects with the Innovative Medicines Initiative (IMI).

Almirall chemical plant near Sant Celoni, Spain.

Centres

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The R&D centre in Sant Feliu de Llobregat (Barcelona), houses the departments involved in all stages of R&D, as well as the development of new chemical entities. The Reinbek Centre of Excellence for Dermatology specializes in the development of new formulas for the treatment of skin diseases.

The company also has three production centres: two in Spain, the pharmaceutical plant in Sant Andreu de la Barca (Barcelona) and the pharmaceutical and chemical plant in Sant Celoni (Barcelona); and a pharmaceutical plant in Germany (Reinbek); as well as 13 affiliates in Germany, Austria, Belgium-Luxembourg, the United States, France, the Netherlands, Italy, the Nordic countries, Poland, Portugal, the United Kingdom-Ireland, Spain, and Switzerland.[15]

Numbers

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2010 2011 2012 2013 2014 [16] 2015 [17] 2016 [18] 2017 2018 2019 2020 2021 2022 2023
Total revenue €1002,1 MM €873,1 MM €900,2 MM €825,5 MM €1.407,4 MM €769 MM €859,3 MM €755,8 MM €811,0 MM €908,4 MM €814,5 MM €836,5 MM €878,5 MM €898.8 MM
Net sales €882.4 MM €768.4 MM €682.9 MM €692.9 MM €786.4 MM €685 MM €764,4 MM €639,4 MM €756,9 MM €853,1 MM €807,4 MM €827,2 MM €863,2 MM €894.5 MM
% International sales - 50% 60% 62% 70% 68% 70% 69%
% Sales of own medicines - - 59% 64% 70% 67% 77% 68%
Investment in R&D [19] 16.4% of net sales 18.8% of net sales 23.4% of net sales 18% of net sales 12.8% of net sales 9.7% of net sales 12,9% of net sales 13,7% of net sales 11,6% of net sales 10,8% of net sales 10% of net sales 9% de of net sales 12% of net sales 12% of net sales
Employees 2,831 2,765 2,871 3,000 2,100 1,889 1,975 1.832 1.805 1.765 1.785 1.786 1.845 1.904
Affiliates 13 13 14 15 14 13 13 13 13 13 13 13 15 15
R&D Centres [20] 3 3 3 3 2 2 3 2 3 3 3 2 1 1
Production centres 3 3 3 3 2 2 3 2 2 2 2 2 2 2

Main products

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Brand Active ingredient Pathology
Ebastel Ebastine Allergy
Monodox Doxycycline Severe Acne
Acticlate Doxycycline hyclate Severe Acne
Almogran Almotriptan Migraine
Tesavel and Efficib Sitagliptin and sitagliptin/metformin Diabetes
Solaraze Diclofenac sodium Actinic keratosis
Airtal Aceclofenac Musculoskeletal pain
Decoderm Fluprednidene Fungal dermatitis
Cordran Fludroxycortide Inflammation and itching of the skin
Parapres Candesartan Hypertension
Almax Almagate Acidity
Balneum Urea Dry skin
Cleboril Clebopride Gastroesophageal reflux disease
Actikerall 5-Fluorouracil / salicylic acid Actinic keratosis
Sativex Nabiximols Spasticity in Multiple Sclerosis
Monovo Mometasone Psoriasis
Ilumetri Tildrakizumab Psoriasis
Ebglyss Lebrikizumab Atopic Dermatitis
Wynzora Calcipotriol/Betamethasone Psoriasis
Klisyri Tirbanibulin Actinic keratosis
Seysara Sarecycline Acne
Physiorelax Helenalin Muscle and ligament massage

Blastoestimulina (Spain)

Rino-Ebastel (Spain)

Almax (Spain)

References

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  1. ^ Products «Products of Almirall S.A. Archived 5 September 2014 at the Portuguese Web Archive» Retrieved 17 December 2014
  2. ^ "Annual results". 19 February 2024.
  3. ^ a b "Annual financial reports ALMIRALL, S.A." cnmv.es. 19 February 2024. Retrieved 29 March 2024.
  4. ^ "Resultados de Almirall en 2023: Almirall registra un fuerte crecimiento del negocio dermatológico en Europa y avanza en su posición de liderazgo en dermatología médica".
  5. ^ "Almirall | About Almirall | History". www.almirall.com. Archived from the original on 29 September 2018. Retrieved 31 May 2023.
  6. ^ "Almirall annual results". La Vanguardia (in Spanish). 19 February 2024. Retrieved 16 April 2024.
  7. ^ "Estado de información no financiera. Resumen de contenidos".
  8. ^ "Merger Of Almirall And Prodesfarma In Spain".
  9. ^ a b c "Archived copy". www.almirall.com. Archived from the original on 2 August 2021. Retrieved 31 May 2023.{{cite web}}: CS1 maint: archived copy as title (link)
  10. ^ "Almirall launches new corporate ID to align with dermatology and aesthetic focus".
  11. ^ "Almirall completa la compra de la suiza Poli Group". 8 February 2016.
  12. ^ "Jorge Gallardo deja la presidencia de Almirall y cede el testigo a su hijo Carlos Gallardo". El Español (in Spanish). 21 February 2022. Retrieved 6 May 2024.
  13. ^ "Home". Parc Científic de Barcelona (in Catalan). 10 August 2020. Archived from the original on 10 May 2023. Retrieved 31 May 2023.
  14. ^ "Esborrany automàtic – BRN" (in Catalan). Archived from the original on 26 March 2023. Retrieved 31 May 2023.
  15. ^ "Almirall Media | FAQs". www.almirall.com. Archived from the original on 26 October 2016. Retrieved 31 May 2023.
  16. ^ "Archived copy" (PDF). www.almirall.com. Archived (PDF) from the original on 9 March 2016. Retrieved 31 May 2023.{{cite web}}: CS1 maint: archived copy as title (link)
  17. ^ "Archived copy" (PDF). www.almirall.com. Archived (PDF) from the original on 17 June 2016. Retrieved 31 May 2023.{{cite web}}: CS1 maint: archived copy as title (link)
  18. ^ "Feel the Science" (PDF). www.almirall.com. Almirall. Retrieved 31 May 2023.
  19. ^ Partnering and Collaboration «Partnering and Collaboration Archived 5 September 2014 at the Portuguese Web Archive» Retrieved 18 December 2014
  20. ^ R&D in Key Therapeutic Areas «R&D in Key Therapeutic Areas Archived 18 December 2014 at archive.today» Retrieved 18 December 2014
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