2015 was a turning point for Ethypharm, as it took the company from a strategic partnership-based model to a direct commercialization model. The Group began selling its morphine treatments directly in France and the UK.
Ethypharm rapidly expanded its presence across Europe’s 5 largest pharmaceutical markets:
- 2016: Launch of an affiliate in Germany
- 2017: Acquisition of Martindale Pharma, a UK-based specialty pharmaceutical company focused on pain and addiction, critical care, and sterile injectables. This also strengthened Ethypharm’s footprint in the Middle East and Africa.
- 2021: Acquisition of Altan Pharma, enhancing the Group’s position in Spain, strengthening exports with its portfolio of Hospital Injectable medicines.
Today, 81% of Ethypharm’s revenue comes from its pharmaceutical sales, with 85% generated through direct sales in our 6 affiliates and 15% from distribution. The remaining 19% comes from our CDMO (Contract Development and Manufacturing Organization) activities, through partnerships with other pharmaceutical companies.
With a strong industrial and commercial foundation, Ethypharm continues its profitable growth, staying close to patients and healthcare professionals worldwide.