Fareva Explained

Fareva
Type:Private
Foundation:1985
Location City:Tournon-sur-Rhône
Location Country:France
Key People:Bernard Fraisse, chairman, founder and 100% owner
Operating Income:€1.6 billion (2018)[1]
Num Employees:12,500

Fareva is a French pharmaceutical company, with annual revenues of $1.6 billion in 2018, founded and 100% owned by Bernard Fraisse, a French billionaire businessman.[2]

History

It was founded in 1985,[3] and the company now employs 12,500 people. Fareva is the largest contract manufacturing organization (CMO) in France,[4] and of the top five pharmaceutical contract manufacturing organizations in the world. It has over 12,500 employees working in 40 different production sites.[5]

In 2020 the company acquired two biologics facilities from Pierre Fabre; an oncology injectable plant in Pau, Southwest France and a monoclonal antibody (mAb) production facility in Saint-Julien-en-Genevois on the French-Swiss border.[6]

The company is headquartered in Tournon-sur-Rhône, Ardèche, France.[7] [8] [9]

Notes and References

  1. Web site: https://www.pharmaceuticalonline.com/companyprofile/b9fed4de-8c0b-4224-ba98-6dd98338fb00. 2021-09-15. www.pharmaceuticalonline.com.
  2. Web site: The World's Billionaires: Bernard Fraisse. Forbes. 24 January 2017.
  3. Web site: Bernard Fraisse (Fareva). Capital.fr. 24 January 2017. 22 May 2017. https://web.archive.org/web/20170522135837/http://www.capital.fr/a-la-une/classement-des-francais-les-plus-riches/fiches/bernard-fraisse-942832. dead.
  4. Web site: Interview: Bernard Fraisse - President, Fareva, France . Pharmaboardroom.com . 28 April 2016 . 24 January 2017.
  5. Web site: https://www.pharmaceuticalonline.com/companyprofile/b9fed4de-8c0b-4224-ba98-6dd98338fb00. 2021-09-15. www.pharmaceuticalonline.com.
  6. Web site: 2021-04-20. Fareva to grow biomanufacturing capabilities - BioProcess Insider. 2021-09-15. BioProcess International. en-US.
  7. Web site: Ardèche | Le groupe Fareva a inauguré son nouveau siège . Ledauphine.com . 24 January 2017.
  8. Web site: Tournon-sur-Rhône | Fareva poursuit sa croissance externe . Ledauphine.com . 24 January 2017.
  9. Web site: Etablissement CENTRAGROUP FAREVA ŕ TOURNON SUR RHONE (07300) sur SOCIETE.COM (41976551600101) . Societe.com . 24 January 2017.

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