Grifols

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Grifols, S.A.
TypeSociedad Anónima
Traded asBMADGRF
IndustryPharmaceuticals, chemicals
Founded1940
HeadquartersBarcelona, Catalonia, Spain
Key peopleVíctor Grifols (Chairman and CEO)
ProductsPlasma derivatives, in vitro diagnostic products, non-biological products for laboratories and hospitals
RevenueIncrease €1,795.613 million (2011)[1]
Operating incomeIncrease €278.9 million (2011)[1]
ProfitDecrease €50,228 million (2011)[1]
Total assetsIncrease €5.808 billion (end 2011)[1]
Total equityIncrease €1,664,994 million (end 2011)[1]
EmployeesIncrease 11,230 (end 2011)[1]
Websitewww.grifols.com
 
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Grifols, S.A.
TypeSociedad Anónima
Traded asBMADGRF
IndustryPharmaceuticals, chemicals
Founded1940
HeadquartersBarcelona, Catalonia, Spain
Key peopleVíctor Grifols (Chairman and CEO)
ProductsPlasma derivatives, in vitro diagnostic products, non-biological products for laboratories and hospitals
RevenueIncrease €1,795.613 million (2011)[1]
Operating incomeIncrease €278.9 million (2011)[1]
ProfitDecrease €50,228 million (2011)[1]
Total assetsIncrease €5.808 billion (end 2011)[1]
Total equityIncrease €1,664,994 million (end 2011)[1]
EmployeesIncrease 11,230 (end 2011)[1]
Websitewww.grifols.com

Grifols, S.A. (Catalan: [gɾiˈfɔɫs]) is a Spanish multinational pharmaceutical and chemical company. Principally a producer of blood plasma-based products, a field in which it is the European leader,[2] the company also supplies devices, instruments and reagents for clinical testing laboratories.

Main products[edit]

Grifols is the major world supplier of IVIG, albumin, Factor VIII and other plasma-derived products.

Main operations[edit]

In 2007 the company had 3.6 million litres per year of blood fractionation capacity from three plants, one at Parets del Vallès near Barcelona in Spain (2.1 million litres per year), another in Los Angeles (1.5 million litres but being expanded to 2.2 million litres), and a site in Clayton,NC. In the United States the company owns 150 plasmapheresis centres, where it collects around 5.8 million litres of plasma per year.

Ownership[edit]

Grifols was listed on the Madrid Stock Exchange in May 2006.[3] The stock became part of the IBEX 35 index in January 2008.

History[edit]

Grifols was founded in 1940 in Barcelona by Dr José A. Grifols Roig, a hematologist and scientist. Dr Grifols was the first researcher to publish the plasmapheresis procedure in 1951. The company introduced its liquid IVIG product into the European market in the mid-1990s. In 2003 the company acquired certain assets of the Los Angeles-based Alpha Therapeutic as the basis of its American expansion.[citation needed]

On June 1, 2011, a year after announcing the $4 billion deal, Grifols completed a takeover of Talecris Biotherapeutics, headquartered in Research Triangle Park in North Carolina, with over 2000 employees.[4]

Company philosophy[edit]

Grifols, with the monopoly of blood products in Spain[5] and in the economic crisis context of 2012, has asked the government about the liberalization of the current system of blood donation to meet demand and, so, to pay 60 or 70 euros per week to a potential donor, that 'in addition to unemployment, is a way of life'. The proposed Grifols, which labels altruistic blood donation as a reason, perhaps, romantic,[6] joins other companies of blood and transplant organs, like DKMS, and involves breaking[7] the donation as a altruistic gesture, considered the greatest act of kindness among human beings.[8] In Spain, as in most European countries, blood donation is a public resource destinable only to health institutions for treatment of patients and whose donation is entirely voluntary.[9]

References[edit]

  1. ^ a b c d e f "Annual Report 2011". Grifols. Retrieved 25 April 2012. 
  2. ^ Smyth, Sharon; Gore, Gareth (23 June 2008). "Santander, Sabadell, Sol Melia, Urbas: Iberia Preview". Bloomberg. Retrieved 2009-01-18. 
  3. ^ Dowsett, Sonya (19 January 2007). "Blood firm Grifols sees 2006 sales up 22 pct". Reuters. Retrieved 2009-01-18. 
  4. ^ Wolf, Alan M. (2011-06-02). "Spanish buyer set to take over Talecris". News & Observer. Retrieved 2011-06-02. 
  5. ^ "El negocio de la sangre". elmundo.es. 2012-04-26. 
  6. ^ "Una empresa pide que se pague la donación de sangre para plasma como ingreso para parados". RTVE. 2012-04-17. 
  7. ^ "Una empresa alemana 'pone en riesgo' el sistema de trasplantes". elmundo.es. 2012-01-17. 
  8. ^ "Donation". National Transplant Organization. 
  9. ^ "Donación de Sangre". Spanish Wikipedia. 

External links[edit]