HERMES PHARMA Announces itself as a separate legal entity from HERMES Arzneimittel

HERMES PHARMA, earlier a division of HERMES Arzneimittel GmbH, has shaped a separate legal entity named HERMES PHARMA GmbH and both will work autonomously however remains part of the Johannes Burges Family Foundation. The move denotes another stage for HERMES PHARMA bringing more prominent autonomy while holding long haul solidness for the organization’s outsider business.

HERMES PHARMA, a CDMO, works in the turn of events and assembling of easy to use oral measurement structures for medical services organizations all throughout the planet. Administrations cover the whole drug esteem chain – from new item advancement through to assembling and administrative help. As a division, HERMES PHARMA has kept on seeing consistent development in the course of the most recent 20 years. Yearly turnover has expanded sevenfold, accomplishing more than €140 million out of 2020, and the division has quadrupled the size of its group.

Dr. Thomas Hein, Senior Vice President Commercial and Regulatory Affairs, said, “Turning into an autonomous organization will give HERMES PHARMA expanded adaptability, making us more lithe in our administration choices. We will actually want to center our ventures to best address the issues of our clients, regardless of whether that is through new innovation, improved maintainability, or advanced stockpile arrangements. We exceptionally esteem our drawn out client relations, which we see as an essential resource, and anticipate a long eventual fate of open and trust-based organizations.”

HERMES PHARMA GmbH will push ahead with the current supervisory group set up. Dr Andreas Schrepfer, Managing Director, said, ” HERMES Arzneimittel has a long history of pharmaceutical excellence – more than 100 years, in fact. This reorganization is part of a long-term strategy that will build on our heritage and position us to foster future growth. Remaining in the Johannes Burges Family Foundation will help ensure our financial stability.”

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