Honeywell
↗Charlotte, USA
Honeywell is a global multi-industry technology and manufacturing leader that provides specialized software, materials, and automation solutions for the pharmaceutical and life sciences sectors. Through its Honeywell Life Sciences division (bolstered by the $1.3 billion acquisition of Sparta Systems), the company offers the industry-standard TrackWise Quality Management System (QMS), which is used by over 10,000 organizations to manage compliance, quality, and regulatory workflows.
In addition to digital solutions, Honeywell is a dominant player in pharmaceutical packaging through its Aclar® barrier films, which have provided moisture protection for oral solid dose medications for over 50 years. The company also provides advanced manufacturing execution systems (MES), process automation technologies (Experion®), and research chemicals. Honeywell is currently undergoing a major strategic transformation, planning to split into three independent public companies focused on Automation, Aerospace, and Advanced Materials by 2025-2026.
CLASSIFICATION
Company Type:MedTech
Therapeutic Areas:
Industry:Digital Health
Sub-Industry:Life Sciences Software and Manufacturing Technology
SIZE & FINANCIALS
Employees:10000+
Revenue:$38.5B
Founded:1906
Ownership:public
Status:operating
FUNDING
Stage:Public
Investors:Vanguard Group, BlackRock, State Street Global Advisors
STOCK
Exchange:NASDAQ
Ticker:HON
Market Cap:$155B
PIPELINE
Stage:Commercial
Lead Drug Stage:Not applicable (Technology Provider)
Modalities:Small molecule, mAb, Cell therapy, Gene therapy, RNA, Proteins/Peptides
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:Sparta Systems, Honeywell Aerospace, Honeywell UOP, Honeywell Connected Enterprise
Key Partnerships:Salesforce (Strategic alliance to integrate TrackWise with Salesforce Life Sciences Cloud), Pharmanovia (Implementation of TrackWise Digital for global quality management), Daiichi Sankyo (Global digital quality transformation partner), Evertis (Partnership for sustainable PET-based pharmaceutical packaging)
COMPETITION
Position:Leader
Competitors:Veeva Systems, MasterControl, Rockwell Automation, Siemens Healthineers, Emerson Electric, Dassault Systèmes (BIOVIA)
LEADERSHIP
Key Executives:
Vimal Kapur - CEO
Sunil Pandita - VP & GM, Honeywell Life Sciences
Martin Dowdall - GM, Honeywell Connected Life Sciences
Scientific Founders:Mark C. Honeywell (Founder)
Board Members:Darius Adamczyk (Chairman), Vimal Kapur, William S. Ayer, Kevin Burke
LINKS
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