Thea Pharmaceuticals Limited
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Thea Pharmaceuticals Limited - overview
Established
2008
Location
Newcastle, -, UK
Primary Industry
Retail
About
Thea Pharmaceuticals Limited is dedicated to developing and providing high-quality ophthalmic care products, focusing on both prescription and non-prescription preservative-free offerings for healthcare professionals and patients. Founded in 2008, Thea Pharmaceuticals Limited specializes in ophthalmic care, particularly in the development of preservative-free products. The company's headquarters is located in the UK, and it focuses solely on the ophthalmology market, delivering a range of prescription and non-prescription solutions without any known pivots in business strategy or structural changes over the years. Théa Pharmaceuticals Limited specializes in the development and provision of high-quality ophthalmic care products, focusing on both prescription and non-prescription offerings that are preservative-free.
Their core product range includes prescription medications targeting conditions such as Glaucoma, Inflammation, Infection, and Allergy, as well as advanced Surgical Pharmaceuticals. Additionally, they offer non-prescription solutions aimed at alleviating Dry Eye, Blepharitis, and Meibomian Gland Dysfunction, alongside Eye Nutritionals that support overall eye health and vision maintenance. These products cater primarily to healthcare professionals and patients across the UK and Ireland, addressing critical needs in ophthalmology. The company has also launched the Théa Academy, an online platform designed to provide Continuing Professional Development (CPD) resources and training for eye health professionals, further expanding their service offerings in this specialized market.
Théa Pharmaceuticals operates a structured business model centered on B2B transactions, primarily engaging with healthcare providers, pharmacies, and hospitals to deliver their ophthalmic products. Revenue generation occurs through the sale of both prescription and non-prescription products, facilitated via direct orders from healthcare institutions and partnerships with retailers and wholesalers. The company’s flagship products, which are integral to its revenue stream, focus on the treatment of various eye conditions and are designed to meet the needs of both healthcare professionals and patients. Pricing strategies for these products align with industry standards and reflect the high-quality, preservative-free formulation of their offerings, contributing to their competitive positioning in the ophthalmic market.
Primary Industry
Retail
Sub Industries
Drug Stores/Convenience Stores, Retail
Website
www.thea-pharmaceuticals.co.uk
Total Amount Raised
Subscriber access only
Thea Pharmaceuticals Limited - timeline of key events

Thea Pharmaceuticals Limited - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 19,108,531 | 22,056,876 | 26,712,598 | - | - | - |
| % Revenue Growth (YoY) | - | 15.4% | 21.1% | - | - | - |
| EBITDA (USD) | 1,582,033 | 1,991,110 | 1,979,644 | - | - | - |
| Operating Income (USD) | 1,515,196 | 1,880,225 | 1,862,450 | - | - | - |
| Operating Margin | 7.9% | 8.5% | 7.0% | - | - | - |
| % EBITDA Margin | 8.3% | 9.0% | 7.4% | - | - | - |
| NET Income (USD) | 1,124,964 | 1,454,006 | 1,379,312 | - | - | - |
| % Net Margin | 5.9% | 6.6% | 5.2% | - | - | - |
Thea Pharmaceuticals Limited - employee data


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