Healthcare

Grifols Therapeutics

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
Grifols Therapeutics - Healthcare showcase

Year Founded & Workforce

1908-12-31

4,763 Employees

Industry

Healthcare

Services

G

Grifols Therapeutics Overview

Company Headquarters: Spain

Founded: 1909

Workforce: ~ 4,763

Company Working:

Grifols Therapeutics, Inc. operates as a biotherapeutic and biotechnology company. The Company discovers, develops, and produces critical care treatment products for the people with life-threatening disorders. Grifols Therapeutics serves patients, hospitals, pharmacies, and healthcare professionals worldwide. Grifols SA is a Spain-based global specialty pharmaceutical company developing, manufacturing, and distributing a broad range of biological medicines based on plasma derived proteins. It organizes its business into five divisions: Bioscience, Diagnostic, Hospital, Bio Supplies and Others. Bioscience includes manufacturing activities of plasma derivatives for therapeutic use and the sale and distribution of end products. Diagnostic focuses on researching, developing, manufacturing, and marketing in vitro diagnostics products, such as analytical instruments, reagents and software, among others, for laboratories. Hospital offers technology and services for hospitals, clinics and specialized centers for the manufacture of medicines, as well as physiological saline solution, enteral nutritional fluids and medical devices for interventional therapy. Bio Supplies provides, mostly, biological products for non-therapeutic use. Others provides manufacturing services to third party companies. Grifols' plasma fractionation capacity is 3.6 million liters of plasma a year and is carried out in the company's two plants located in Parets del Valles (Barcelona) and Los Angeles.

Strategy

The company views acquisitions as a part of its growth strategy. Strategic acquisitions help strengthen its business operations and expand market presence. In September 2021, the company agreed to acquire 89.88% stake in Biotest, a biotechnology company for US$1.2billion; and during the same time, the company entered into an agreement to acquire Tiancheng (Germany) Pharmaceutical Holdings for US$1.3 billion. In March 2021, the company agreed to acquire 25 U.S based plasma donation centers from BPL Plasma Inc. Through this initiative, the company strengthened its operations and intends to accelerate the development of innovative treatment options as well as its business reach. During the same time, the company agreed to acquire remaining 56% stake in GigaGen for USD 80 million.

Strategic agreements provide various growth and expansion opportunities for the company. In March 2022, the company partnered with Feeding America to help "box out hunger" by collecting nonperishable food and raising money for local member food banks across the country. In February 2022, the company entered into a global collaboration and licensing agreement with Endpoint Health for exclusive rights to develop and commercialize Antithrombin III (AT-III) in sepsis. In July 2021, the company and ImmunoTek Bio Centers LLC entered into a collaboration agreement to open 21 plasma centers and further advances on its expansion plan; and the company was selected by Dozie and Dozie’s Pharma to establish an intravenous solutions production plant in Nigeria. In May 2021, the company entered a collaboration with Ace Alzheimer Center Barcelona to open an AMBAR center in Barcelona, Spain. In April 2021, the company entered into an agreement with the government of Andorra to establish a global R&D hub in Andorra.

Company Snapshot

$6,558.8M

Revenue

4,763

Employees

1908-12-31

Founded

Spain

Headquarters

SWOT Analysis

Strengths

  • Focused Research and Development
  • Improved Performance of Hospital Division
  • Manufacturing Base

Weaknesses

  • Increase in Debt

Opportunities

  • Growing IVD Market
  • Strategic Acquisitions
  • Strategic Agreements

Threats

  • Government Regulations
  • Government Regulations
  • Changing Diagnostic Market Conditions

Key Developments

DateApproachDevelopment
20 July 2020PartnershipGrifols signed share purchase arrangements with the South Korean based GC Pharma Group and other investors for the acquisition of a plasma fractionation facility and two purification facilities located in the city of Montreal, Canada, and 11 plasma collection centers located in the United States, for a total consideration of Euros 387,917 thousand (US Dollars 457,160 thousand), on a debt free basis. On 1 October 2020, the transaction was closed.
2020PartnershipGrifols signed a strategic alliance with the Egyptian government in 2020 to promote the self-supply of plasma medicines through a public-private partnership model. Under this innovative alliance, Grifols is helping develop the first integrated platform in the Middle East and Africa to supply plasma therapies on national and regional levels. Grifols Egypt currently has two operational plasma centers, with the aim of opening 20 centers in total. The company continues to make inroads on the construction of the remaining production installations, including plasma fractionation and purification plants, and analysis and storage facilities. These installations are expected to be operational by 2025. In the meantime, all collected plasma (up to a million liters per year) will be processed in Spain and returned to Egypt as finished product.
Jan 2022AcquisitionGrifols, a global healthcare company and one of world's top producers of plasma-derived medicines, announced the acquisition of its first donation center in Canada as part of the company's commitment to increase the availability of lifesaving plasma medicines in the country.

Product Offering

  • Grifols Therapeutics
    • Global Plasma Fractionation Market

Financial Performance

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles Grifols Therapeutics as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

Google logo
Amazon logo
Microsoft logo
Intel logo
Neste logo
McKinsey & Company logo
Deloitte logo
Accenture logo
Oracle logo
PWC logo
EY logo
Honeywell logo

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Grifols Therapeutics

Starting from
$4,950