Parma (Italy), March 9, 2021 – Growth continues at Chiesi, an international research-focussed pharmaceutical group based in Parma, Italy, with 30 affiliates worldwide. The company’s turnover, which stood at €2 billion 229 million in 2020 with an increase of 11.8% compared to 2019, speaks for itself.
The Group currently employs 6,389 people, 2,119 of whom are in Italy, within a global business consisting of 30 affiliates, 7 research centres located in Italy, France, the US, Canada, China, the UK and Sweden, 3 production sites in Italy, France and Brazil, and a commercial presence in 90 countries.
This continuing growth is the result of the efforts of each of Chiesi’s affiliates around the world. The Group’s overall turnover breaks down into €401 million generated by the UK, €254 million by the US, €262 million by Chiesi Italy, €260 million by Germany, €149 million by France, €126 million by Spain, as well as €292 million by the Europe Mid-Size area and €320 million by the China & International area. Chiesi Global Rare Diseases has also contributed to reaching this objective with a turnover of €164 million. This new business unit, which was set up at sites in Parma and Boston, Massachusetts, at the beginning of 2020, aims to make advances in the research and development of new therapeutic solutions for rare and ultra-rare diseases.
The company formed several key strategic partnerships at international level in 2020. One of the most important agreements was reached with Moderna, Inc, aimed at discovering, developing and marketing new candidate therapies for the treatment of Pulmonary Arterial Hypertension (PAH). In November 2020 an exclusive partnership was announced with Kaia Health, a leading company in the digital therapy sector, for the European marketing of Kaia COPD Management, an app for pulmonary rehabilitation in people affected by chronic obstructive pulmonary disease (COPD).
“Our mission is to provide outstanding therapeutic solutions and improve people’s quality of life worldwide - states Alberto Chiesi, President of the Chiesi Group -. Today, we are having to tackle unprecedented challenges requiring entirely new approaches, new practices and a new mentality; This is why, especially in view of the complex situation we are currently dealing with, it is important to be able to announce that our Group is continuing to grow significantly and promote innovative scientific research activities in the therapeutic areas that are crucial to our work; the respiratory, rare disease, special care areas”.
Chiesi, a Benefit Company since 2018 and certified B Corp since 2019, is also continuing to promote the wellbeing of people and the communities where it operates. Gender equality remains one of the Group’s main goals: 53% of its employees are in fact women, a percentage which is higher in all of the so-called staff functions, where they represent 54% and, in the Research & Development area, they reach 64%.
“2020 was a complex year presenting us with a series of challenges, yet it also saw us reach some important milestones. Generating a turnover of €2 billion through the constant commitment of all the people making up the extended Chiesi family is an objective we had set and have now successfully achieved - comments Ugo Di Francesco, Chiesi Group CEO -. We are also proud to have continued growing following the set-up of the Chiesi Australia and Canada affiliates and the Global Rare Diseases Business Unit, as well as inaugurating the Group’s new headquarters in Parma, which testifies to the company’s ambitions and its close ties with the local area”.
About Chiesi Group
Based in Parma, Italy, Chiesi is an international research-focused pharmaceuticals and healthcare group with over 85 years’ experience, operating in 30 countries with more than 6,000 employees (Chiesi Group). To achieve its mission of improving people’s quality of life by acting responsibly towards society and the environment, the Group researches, develops and markets innovative therapeutic solutions in its three focus areas: AIR (products and services that promote respiration, from new-born to adult populations), RARE (treatment for patients with rare and ultra-rare diseases) and CARE (products and services that support specialty care and consumer-facing self-care). The Group’s Research and Development centre is based in Parma and works alongside 6 other important research and development hubs in France, the U.S., Canada, China, the UK, and Sweden to pursue its pre-clinical, clinical, and regulatory programmes. In 2018 Chiesi has changed its legal status to a Benefit Corporation, according to the law in Italy, USA and, more recently, in France, by incorporating common benefit objectives into its bylaws, to generate value for its business, for the society and the environment. Since 2019, Chiesi has been the world’s largest B Corp certified pharmaceutical group. B Corps are global leaders convinced to leverage business as a force for good. Moreover, as a Benefit Corporation, Chiesi Farmaceutici S.p.A. is required by law to report annually in a transparent way about its progress in achieving the common benefits objectives it has set forward. The Group is committed to becoming carbon neutral by the end of 2035.
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