Schott Pharma Explained

Schott Pharma AG & Co. KGaA
Type:KGaA with Aktiengesellschaft as partner with unlimited liability
Isin:DE000A3ENQ51
Location:Mainz, Germany
Key People:Andreas Reisse, CEO
Almuth Steinkühler, CFO
Products:Pharmaceutical drug containment and delivery systems
Industry:Healthcare
Num Employees:4,646 (as of September 30, 2023)[1]
Revenue:€899 million (2022/2023)
Owner:Schott AG

Schott Pharma (stylized as SCHOTT Pharma) is a provider of drug containment solutions and delivery systems for injectable drugs.[2] [3] Headquartered in Mainz, Germany,[4] [5] the company operates in 14 countries.[6]

History

In 1887, Otto Schott developed borosilicate glass, a form of glassware used to reagent bottles and flasks. From 1911, Schott manufactured borosilicate glass tubing for the production of pharmaceutical ampoules and vials.[7]

Schott Pharma was established as a standalone company in 2022 under the name Schott Pharma AG & Co. KGaA[8] through an equity carve-out (or spin-off) from Schott AG, a manufacturer of specialty glass and glass-ceramics.[9] [10]

In the same year, the company announced their plans to present an IPO, but this was reportedly postponed to 2023 due to the Ukraine war. In September 2023, Schott Pharma went public on the Frankfurt Stock Exchange. The IPO was initially priced at 27€ per share,[11] [12] and a potential valuation of up to 4.1 billion euros,[13] but increased the share price to 30€ the following day.[14] The IPO was the largest of the year in Germany.[15] [16] In December 2023, Schott Pharma was included in the SDAX.[17]

Production & Manufacturing

The company is headquartered in Mainz and operates in 16 locations across 14 countries.[18]

Europe

Asia

Products

Schott Pharma develops and manufactures drug containment solutions and delivery systems for injectable drugs, which it supplies to companies in the biotechnology and pharmaceutical industries.

Its business is divided into two divisions:

Governance

Schott Pharma is a subsidiary of SCHOTT AG, who has controlling shares of 77%(as of 2023: 77%). SCHOTT AG is owned by the Carl Zeiss Foundation.

Schott Pharma was listed on the Frankfurt Stock Exchange's SDAX in 2023.

Parent Company Board of Directors

Independent Supervisory Board

In 2023 SCHOTT AG appointed a Supervisory Board for the subsidiary Schott Parma AG as follows:[26] [27]

Financial Results

!!2022/23!2023/24!
Turnover
Net Profit

Notes and References

  1. https://ir.schott-pharma.com/investor-relations/en/annual-report/ SCHOTT Pharma Annual Report 2022/2023
  2. Web site: Glass specialist Schott Pharma touts 2023 sales growth, Serbia expansion and hiring plans . Kansteiner . Fraiser . 2023-12-23 . Fierce Pharma . 2024-04-08.
  3. Web site: 2024-05-14 . EQS-News: SCHOTT Pharma bestätigt Prognose für das Geschäftsjahr 2024 anlässlich seiner Q2-Ergebnisse; Geschäftsjahr 2025 durch geringeres Wachstum bei Spritzen beeinflusst . EQS-News: SCHOTT Pharma confirms forecast for the 2024 financial year on the occasion of its Q2 results; financial year 2025 influenced by lower growth in syringes . 2024-06-24 . 4Investors.de . German.
  4. Web site: Ibrahim . Samir . 2023-09-28 . Schott Pharma startet erfolgreich an der Frankfurter Börse . 2024-06-24 . tagesschau.de . de.
  5. Web site: Nünchert . Ike . 2022-08-03 . SCHOTT Pharma: Carve-Out für ein mögliches IPO . SCHOTT Pharma: Carve-Out for a possible IPO . 2024-06-24 . Going Public.
  6. Web site: Größter Börsengang in 2023: So hat sich die SCHOTT Pharma-Aktie seit ihrem IPO entwickelt - und so könnte es in 2024 nun weitergehen . . 2024-01-24 . finanzen.net . 2024-02-28.
  7. Web site: Impfstoff-Ampullen – Rohrglas für Lebensretter - VBG Spezial . . 2021-07-04 . glaskeramik.org . VBG . 2024-02-28.
  8. Web site: Dunleavy . Kevin . 2023-09-06 . After one year as standalone business, glassmaker Schott Pharma sets course for IPO . 2024-06-24 . Fierce Pharma.
  9. Web site: Glass maker Schott's pharma business sets out on its own. Will an IPO follow? . Kansteiner . Fraiser . 2022-01-08 . Fierce Pharma . 2024-02-28.
  10. Web site: Landsteiner . Fraiser . 2022-08-01 . Glass maker Schott's pharma business sets out on its own. Will an IPO follow? . 2024-06-24 . Fierce Pharma.
  11. Web site: Gopinath . Swetha . 2023-09-28 . Germany's Schott Raises €813 Million in IPO of Medical-Glass Arm . 2024-06-24 . www.bloomberg.com.
  12. Web site: gsp . 2023-09-29 . Schott Pharma geht mit Freshfields an die Frankfurter Börse . Schott Pharma goes to the Frankfurt Stock Exchange with Freshfields . 2024-06-24 . Extrajournal.Net . de-DE.
  13. Web site: 2023-09-27 . Schott Pharma prices IPO at 27 euros per share . 2024-06-24 . Reuters.
  14. Web site: 2023-09-28 . SCHOTT Pharma feiert erfolgreiches Börsendebüt: Erstkurs über Ausgabepreis . SCHOTT Pharma celebrates successful stock market debut: First price on issue price . 2024-06-24 . Finanzen Net . German.
  15. Web site: Schott Pharma shares jump 16% in Frankfurt trading debut . Farr . Emma-Victoria . Mayo Cerqueiro . Pablo . 2023-09-28 . reuters.com . Reuters . 2024-02-28.
  16. Web site: Schott Pharma startet erfolgreich an der Börse . . 2023-09-28 . tagesschau.de . 2024-02-28.
  17. Web site: Profitabler Small Cap: Zulieferer Schott Pharma bald im SDax . Ingerl . Christian . 2023-12-13 . Capital . 2024-02-28.
  18. Web site: Größter Börsengang in 2023: So hat sich die SCHOTT Pharma-Aktie seit ihrem IPO entwickelt - und so könnte es in 2024 nun weitergehen . . 2024-01-24 . finanzen.net . 2024-02-28.
  19. Web site: Zeitung . Badische . 2022-12-02 . SCHOTT Pharma: Ein globales Kompetenzzentrum in Müllheim . 2024-06-24 . Badische Zeitung . de.
  20. Web site: Schlegel . Marion . 2023-12-19 . SDAX-Neuling Schott Pharma gibt ordentlich Gas: Zahlen kommen gut an . 2024-06-24 . www.deraktionaer.de . de-de.
  21. Web site: 2022-09-22 . SCHOTT Pharma baut Produktion in China und Ungarn aus – ZWP online – das Nachrichtenportal für die Dentalbranche . 2024-06-24 . www.zwp-online.info . de.
  22. Web site: 2024-02-12 . SCHOTT: solides Ergebnis trotz konjunktureller Herausforderungen – ZWP online – das Nachrichtenportal für die Dentalbranche . SCHOTT: solid result despite economic challenges . 2024-06-24 . www.zwp-online.info . de.
  23. Web site: Kaiser . Lea . 2023-10-24 . Next generation pharma glass: SCHOTT AG launches FIOLAX® Pro Glass tubing . 2024-06-24 . BusinessWire.
  24. Web site: Schott Pharma rolls out pre-filled polymer syringes for deep-cold medication . . 2023-05-18 . NS Medical Devices . 2024-02-28.
  25. Web site: Kolf . Ingo . 2024-05-15 . Kurs bricht ein: Schott Pharma: Trübe Aussichten führen zu drastischem Kurseinbruch . 2024-06-24 . FinanzNachrichten.de . de.
  26. Web site: Mills . Jess . 2023-05-02 . Schott appoints Supervisory Board of Schott Pharma . 2024-06-24 . Glass International . en.
  27. Web site: 2023-05-02 . SCHOTT bestellt Aufsichtsrat der SCHOTT Pharma AG . SCHOTT appoints Supervisory Board of SCHOTT Pharma AG . 2024-06-24 . ZWP-online.

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