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

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Thea Pharmaceuticals Limited - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)19,108,53122,056,87626,712,598---
% Revenue Growth (YoY)-15.4%21.1%---
EBITDA (USD)1,582,0331,991,1101,979,644---
Operating Income (USD)1,515,1961,880,2251,862,450---
Operating Margin7.9%8.5%7.0%---
% EBITDA Margin8.3%9.0%7.4%---
NET Income (USD)1,124,9641,454,0061,379,312---
% Net Margin5.9%6.6%5.2%---

Thea Pharmaceuticals Limited - employee data

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