Company Directory > Pharma > Biotest AG
Biotest AG is a specialist provider of plasma-derived therapeutics and biopharmaceutical medicines based in Dreieich, Germany. The company operates across clinical immunology, haematology, and intensive care medicine, developing and manufacturing plasma proteins including clotting factors, immunoglobulins, albumin, and monoclonal antibodies. Biotest is the world market leader in hyperimmunoglobulins and the only manufacturer of IgM-enriched immunoglobulins. The company was acquired by Grifols S.A. in April 2022 and now operates as a subsidiary within the Grifols Group, leveraging Grifols' global distribution capabilities while maintaining independent R&D and manufacturing operations. Biotest's product portfolio includes Intratect (immunoglobulin for secondary immune deficiencies and autoimmune neurological conditions), Yimmugo (FDA-approved in June 2024 for primary immunodeficiencies), and pipeline candidates including trimodulin (BT-588) for severe community-acquired pneumonia and fibrinogen concentrate (BT-524) for acquired fibrinogen deficiency. The company operates 37 plasma collection centres across Europe and manufacturing exclusively in Germany, with significant recent expansion of plasma collection infrastructure including 13 dedicated centres in Germany.
CLASSIFICATION
Company Type:Pharma
Therapeutic Areas:-
Industry:Pharmaceuticals
Sub-Industry:Plasma Protein Therapeutics, Immunoglobulin Products, Haematology
SIZE & FINANCIALS
Employees:1001-5000
Revenue:$726M-$800M EUR
Founded:1946
Ownership:subsidiary
Status:acquired
FUNDING
Stage:N/A - Subsidiary of public company
Investors:Grifols S.A. (100% owner via parent holding company)
STOCK
Exchange:Frankfurt Stock Exchange (being delisted), NASDAQ ADR
Ticker:BIO:GR (Frankfurt), BTTAY (NASDAQ ADR)
PIPELINE
Stage:Phase 3
Lead Drug Stage:Commercial (Yimmugo - FDA approved June 2024; Intratect - marketed)
Modalities:Plasma-derived proteins, Immunoglobulins (IgG, IgM, IgA), Clotting factors, Albumin, mAb
Active Trials:3
Trial Phases:Phase 3: 3
FDA Approvals:1
EMA Approvals:2
CORPORATE STRUCTURE
Parent Company:Grifols S.A. (Barcelona, Spain)
Acquired By:Grifols S.A. (2022-04-25)
Subsidiaries:Plasma Service Europe GmbH (Germany - plasma collection operations)
Key Partnerships:Kedrion Biopharma - Exclusive US distribution agreement for Yimmugo (2024) with $1B+ revenue potential over 7 years, Grifols S.A. - Parent company providing global distribution, manufacturing support, and innovation integration
COMPETITION
Position:Leader - World market leader in hyperimmunoglobulins; Niche player in plasma-derived immunoglobulins with IgM enrichment
Competitors:CSL Behring LLC, Octapharma AG, Grifols S.A., Shire (Takeda), Bayer AG, Kedrion S.p.A.
LEADERSHIP
Key Executives:
Dr. Jörg Schüttrumpf - Chief Executive Officer
Peter Janssen - Former Chairman, Management Board
Michael Ramroth - Member of Management Board/Executive
Board Members:Prof Dr Gernot Hebestreit (Supervisory Board Member & Audit Committee Chairman), Raimon Grifols Roura (Supervisory Board Member), Multiple Supervisory Board Members (6-member Supervisory Board (4 shareholder-elected, 2 employee representatives))
LINKS
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