Merck Serono Limited
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Merck Serono Limited - overview
Established
1970
Location
Feltham, -, UK
Primary Industry
Retail
About
Merck Serono Limited is a global healthcare company focused on developing innovative medical therapies and technologies to tackle significant health challenges, particularly in areas like oncology and fertility. Founded in 1970, Merck Serono Limited specializes in pharmaceuticals and medical devices for healthcare providers and patients. The company is part of the Merck Group, with headquarters located in Darmstadt, Germany. Nicolas Rasche is the founder, while Maria Angelone and Matthias Wernicke currently serve as CEO and key executives, respectively.
Merck Serono Limited specializes in advanced medical therapies and technologies, primarily offering innovative medications for cancer and multiple sclerosis (MS). Their product portfolio includes disease monitoring software and self-injection devices for MS patients, facilitating self-administration and treatment adherence. The company is also recognized for its global leadership in fertility treatments, providing advanced technologies that enhance outcomes in assisted reproduction, including in vitro fertilization (IVF). Merck Serono serves a diverse clientele, comprising healthcare providers, hospitals, and patients across Europe, Asia-Pacific, and North America.
Merck Serono's revenue model is anchored in direct sales of its pharmaceutical products and medical devices to healthcare providers and institutions. Transactions are conducted through B2B partnerships and direct sales, particularly within the fertility market. The company's flagship products, encompassing advanced cancer therapeutics and fertility solutions, are marketed under trademarked categories, contributing to a robust market presence. Revenue is generated from one-time purchases and potential long-term contracts for ongoing supplies of medical devices and medications, creating opportunities for repeat business and collaborations.
Primary Industry
Retail
Sub Industries
Retail, Drug Stores/Convenience Stores
Website
www.merckserono.net
Total Amount Raised
Subscriber access only
Merck Serono Limited - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 100,281,000 | 93,128,000 | - | - | - |
| % Revenue Growth (YoY) | - | (7.1%) | - | - | - |
| EBITDA (USD) | 10,114,000 | 6,142,000 | - | - | - |
| Operating Income (USD) | 9,725,000 | 5,633,000 | - | - | - |
| Operating Margin | 9.7% | 6.0% | - | - | - |
| % EBITDA Margin | 10.1% | 6.6% | - | - | - |
| NET Income (USD) | 7,861,000 | 4,407,000 | - | - | - |
| % Net Margin | 7.8% | 4.7% | - | - | - |

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