Recordati S.p.A.
↗Milan, Italy
Recordati is an international pharmaceutical group dedicated to the research, development, manufacturing, and marketing of pharmaceuticals. Headquartered in Milan, Italy, the company operates with a dual-focus strategy: Specialty & Primary Care (covering cardiovascular, urology, and gastrointestinal treatments) and a dedicated Rare Disease business unit (Recordati Rare Diseases) focused on metabolic, endocrine, and oncological orphan drugs.
Founded in 1926, Recordati has evolved into a major European mid-cap player with a strong global presence in over 150 countries. The company is known for its disciplined M&A strategy, recently acquiring high-value assets like Enjaymo from Sanofi and establishing a strategic mRNA collaboration with Moderna to bolster its rare disease pipeline.
CLASSIFICATION
Company Type:Pharma
Therapeutic Areas:
Industry:Pharmaceuticals
Sub-Industry:Specialty Pharma & Rare Diseases
SIZE & FINANCIALS
Employees:1001-5000
Revenue:$2.5B
Founded:1926
Ownership:public
Status:operating
FUNDING
Stage:Pre-IPO
Investors:CVC Capital Partners (via Rossini Luxembourg S.àr.l.), Public Shareholders
STOCK
Exchange:Borsa Italiana
Ticker:REC.MI
Market Cap:$11.5B
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Small molecule, mAb, mRNA (via partnership), Enzyme replacement
Active Trials:24
Trial Phases:Phase 1: 4 | Phase 2: 8 | Phase 3: 5 | Phase 4: 7
FDA Approvals:12
EMA Approvals:15
CORPORATE STRUCTURE
Parent Company:Rossini Luxembourg S.àr.l. (Majority Owner)
Subsidiaries:Recordati Rare Diseases, EUSA Pharma, Italchimici S.p.A., Orphan Europe
Key Partnerships:Moderna (mRNA-3927 development/commercialization), GSK (Distribution of Avodart/Combodart), Tolmar (Eligard rights), Sanofi (Enjaymo acquisition)
COMPETITION
Position:Leader
Competitors:Chiesi Farmaceutici, Ipsen, Jazz Pharmaceuticals, Alexion (AstraZeneca), Ultragenyx, Amryt Pharma
LEADERSHIP
Key Executives:
Rob Koremans - CEO
Mike McClellan - CFO
Alberto Recordati - Chairman
Scientific Founders:Giovanni Recordati
Board Members:Giampiero Mazza, Cathrin Petty, Luigi La Corte
LINKS
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