SPI Pharma Overview
Company Headquarters: Texas, US
Founded: 1994
Workforce: ~300
Company Working: SPI Pharma (SPI) is a subsidiary company of Associated British Foods plc (ABF), it is a part of ABF Ingredients division. SPI Pharma offers a wide range of magnesium hydroxide powders that vary in particle size and density. The company provides innovative solutions for the pharmaceutical and nutritional industries. SPI’s product line comprises antacid actives, compressible calcium powders, drug delivery systems, vaccine adjuvants, functional excipients, and taste-masked actives. The company distributes and sells its products through distributors and agents in North America, Europe, and the Middle East & Africa. The company has operations in France, the US, and India. SPI reported a sale of USD 139.31 million by the end of 2018.
Strategy
SPI focuses on developing technologically advanced products and delivering innovative products to meet the pharmaceutical industry demand, attaining a competitive edge. Also, the company emphasizes on the production of chemicals at a competitive cost.
