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Symatese

Company Profile Analysis

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Symatese - Healthcare showcase

Year Founded & Workforce

1982

250 Employees

Industry

Healthcare

Services

Hyaluronic Acid
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Symatese Employee Contacts

7 verified contactsNames, job titles, seniority and locations

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Symatese Overview

Company Headquarters: Chaponost, France

Founded: 1982

Workforce: ~250

Company Working: Symatese is engaged in the business of biopolymers extraction and development of medical devices. The company manufactures products used in plastic surgeries and medical aesthetics with hyaluronic acid and collagen. The company’s manufacturing process complies with the European directive MDD93/42 and Quality System Regulation CFR820. Symatese Group comprises four companies, namely Symatese, Symatese Aesthetics, Symatese Device, and Symatese Shanghai and CORMOVE. The company has three production sites in France. Symatese recorded sales revenue worth USD 15.76 Million and its subsidiary Symatese Device accounted for USD 20.17 Million by the end of 2017.

Strategy

Symatese is focusing on R&D to develop its business domains. Furthermore, it is also focusing on making industrial relationships with leading medical companies to expand the customer base and gain higher profit margins.

Company Snapshot

250

Employees

1982

Founded

Chaponost, France

Headquarters

SWOT Analysis

Strengths

  • High investment in research and development

Weaknesses

  • Dependent on the domestic market

Opportunities

  • High growth opportunities in the growing cosmetics industry

Threats

  • Volatile currency exchange rates

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Key Developments

DateApproachDevelopment
March 2017CollaborationSymatese and Almirall has collaborated to develop and distribute aesthetic products globally. Under this collaboration, Symatese granted licenses for commercializing its Hyaluronic Acid facial fillers worldwide to Almirall with a payment of USD 8.99 Million. This collaboration has helped to extend its global reach and create long-term partnership with leading players in the medical industry.

Product Offering

  • Symatese
    • Hyaluronic Acid

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