Tecnoquímicas S.A.
↗Cali, Colombia
Tecnoquímicas (TQ Grupo) is the leading Colombian pharmaceutical and consumer goods company, founded in 1934. It operates as a diversified manufacturer and distributor of generic medicines, over-the-counter (OTC) products, baby care items, personal care products, and hospital supplies. The company is best known for its 'MK' brand, which is the most recognized generic drug brand in Colombia and several other Latin American markets.
Headquartered in Cali, Tecnoquímicas has a significant industrial footprint with multiple manufacturing plants in Colombia and El Salvador. It maintains a dominant market share (approximately 14% of the Colombian pharmaceutical market) and has expanded its operations across Central America and the Caribbean, including Ecuador, El Salvador, Guatemala, and Panama. The company is family-owned and remains one of the most influential private enterprises in the Andean region.
CLASSIFICATION
Company Type:CDMO
Therapeutic Areas:
Industry:Pharmaceuticals
Sub-Industry:Generic Drugs and Consumer Health
SIZE & FINANCIALS
Employees:5001-10000
Revenue:$500M-$1B
Founded:1934
Ownership:private
Status:operating
FUNDING
Stage:Late Stage
Total Raised:$45M
Investors:International Finance Corporation (IFC)
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Small molecule, Topicals, Sterile injectables
Active Trials:7
Trial Phases:Phase 4: 3
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:Tecnosur, Tecnofar, Teramed (El Salvador), Bonima
Key Partnerships:Kimberly-Clark (Joint venture for Winny brand), Nidek (Distribution of ophthalmic technology), Tootsie Roll Inc (Franchise for Charms)
COMPETITION
Position:Leader
Competitors:Genfar (Sanofi), Procaps, JGB, La Santé
LEADERSHIP
Key Executives:
Francisco José Barberi - CEO
Emilio Sardi Aparicio - Executive Vice President
Scientific Founders:Francisco Barberi Zamorano
LINKS
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