Monday, May 12, 2014
A Menarini
Business Profile
- With an extensive brands portfolio, Menarini Asia-Pacific markets a wide range of branded pharmaceutical, biotechnology, medical device and consumer health brands across key markets in Asia-Pacific.
- Its product offerings include the following therapeutic fields:
Dermatology, Select Specialty Care, Consumer Health, Men’s Health, Cardiovascular and Allergy / Respiratory
- A. Menarini Philippines, Inc. is a wholly owned subsidiary of A. Menarini Asia-Pacific Pte Ltd,formerly Invida Private Limited.
- Menarini Asia-Pacific operates in the fastest growing healthcare markets worldwide, increasing at an annual compounded growth rate of 12 percent, more than double the global growth rate for the sector.
- Today, the Asia-Pacific markets represent approximately USD138 billion and 16.2 percent of worldwide pharmaceutical sales.* With China and India among top growth contributors globally,
- Menarini Asia-Pacific is establishing itself as a leader in these rapidly expanding markets through targeted investments.
However, with the acquisition of the Invida Group, the Menarini Group became the Company's ultimate parent company.
- Menarini Group:
- Menarini is the largest Italian multinational biopharmaceutical company with over 16,000 employees worldwide and a presence in more than 100 countries, including Europe, Africa, Middle East, Asia-Pacific, Central and Latin America.
- Menarini ranks 16th among pharmaceutical companies in Europe and 38th among companies worldwide.
- The Menarini caters for the needs of patients and physicians in the following therapeutic fields: cardiovascular, gastroenterology, antibiotics and respiratory drugs, products for the treatment of diabetes, anti-inflammatories and analgesics.
Significant News
2011:
- Menarini Group purchased the Invida Group in November 2011. The Menarini Group became the Company's ultimate parent company
- Singapore, Australia, China, Hong Kong, India, Indonesia, Malaysia, New Zealand, South Korea, Taiwan, Thailand, The Philippines, and Vietnam -- these are the nations into which the Florence-based Italian multinational Menarini Group (Menarini) shall now be expanding following its acquisition of Invida Group Private Limited of Singapore (Invida).
2012: changed name from Invida Philippines, Inc. to A. Menarini Philippines, Inc.
http://www.benzinga.com/pressreleases/11/11/b2127701/menarini-group-succeeds-in-bid-for-invida-group
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