The Grunenthal Group

About:

The Grunenthal Group is a pharmaceutical company that offers R&D and treatments for pain management and related diseases.

Website: http://www.grunenthal.com/

Twitter/X: grunenthalgroup

Description:

The Grunenthal Group is an independent, family-owned, international research-based pharmaceutical company headquartered in Aachen, Germany. Building on its unique position in pain treatment, its objective is to become the most patient-centric company in the field of pain and thus to be a leader in therapy innovation. Grunenthal is one of the last five remaining research-oriented pharmaceutical companies with headquarters in Germany which sustainably invests in research and development. Research and development costs amounted to about 27 percent of revenues in 2013. Grunenthal's research and development strategy concentrates on selected fields of therapy and state-of-the-art technologies. They are intensely focused on discovering new ways to treat pain better and more effectively, with fewer side-effects than current therapies. Altogether, the Grunenthal Group has affiliates in 25 countries worldwide. Grünenthal products are sold in more than 155 countries and approx. 5,500 employees are working for the Grünenthal Group worldwide. In 2013, Grünenthal achieved revenues of €901 mn.

Total Funding Amount:

$300M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Aachen, Nordrhein-Westfalen, Germany

Founded Date:

1946-01-01

Contact Email:

info(AT)grunenthal.com

Founders:

Hermann Wirtz

Number of Employees:

1001-5000

Last Funding Date:

2023-04-19

IPO Status:

Private

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