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In 2006, Gedeon
Richter gifted a large sum to the International Union of Pure and Applied Chemistry (IUPAC), thereby establishing the IUPACâRichter Prize in Medicinal Chemistry. The $ 10,000 prize is awarded every second year to an internationally recognized scientist (normally a medicinal chemist),
460:
and was
HungaryÂŽs first pharmaceutical manufacturing plant and regarded as an outstanding technological achievement in its day. In compliance with the established international trends of the pharmaceutical industry in those days, the company produced herbal drugs, processed extracts from plants and
448:
Initially, small-scale pharmaceutical production took place in the Arany Sas (Golden Eagle) Pharmacy, which still operates today. At the time pharmaceutical production on an industrial scale required heavy investments, and large-scale pharmaceutical manufacturing activities were considered to be
618:
Gedeon
Richter has various subsidiaries in different countries: Gedeon Richter Polska, Gedeon Richter Romania and Gedeon Richter RUS are regional production subsidiaries. Richter-Themis Medicare (India) (51% Gedeon Richter, 49% Themis), Richter-Helm BioLogics and BioTec (Germany), Mediplus N.V.
582:
In April 2017, Evestra signed a collaboration partnership agreement with Gedeon
Richter. In February 2019, Gedeon Richter and Pantarhei Bioscience signed a license and supply agreement for the commercialization of a novel combined oral contraceptive.
1373:
747:
In 2017, Gedeon
Richter was recognized by the Hungarian Innovation Foundation with the Innovation Grand Prize for the development of Cariprazine, an antipsychotic drug which is used in the treatment of schizophrenia and bipolar disorders.
563:
in Europe. According to the agreement Stada receives non-exclusive distribution rights for the area of geographical Europe (excluding Russia), while
Richter retains its rights to distribute and market biosimilar Pegfilgrastim worldwide.
631:
The company's chief governing body is the board of directors. The board's chairman is Erik Bogsch, who had served as chief executive officer since 1992 and was succeeded by GĂĄbor OrbĂĄn as CEO in
November 2017. The board members are
671:
The company's other governing bodies are the executive board and the supervisory board. The executive board is led by Erik Bogsch. Other members are GĂĄbor OrbĂĄn, GĂĄbor GulĂĄcsi, IstvĂĄn
Greiner, Tibor Horvåth, György Thaler.
757:
whose research or publications have made a significant contribution to the practice of medicinal chemistry. The prize was initiated to honor and highlight the central role of medicinal chemistry in improving human health.
506:. Danco resolved to contracting Gedeon, because its prior attempts to find a US distributor failed due to "the politically volatile climate surrounding abortion in this country ." Facing a strong opposition from the US
604:
Richter's atypical antipsychotic, Reagila, containing the active ingredient cariprazine, was awarded the prize of
Medicine of the Year 2019 by the Hungarian Society for Experimental and Clinical Pharmacology (MFT).
623:), Gedeon Richter Mexico, S.A.P.I. de C.V., Gedeon Richter Do Brasil Importadora, Exportadora E Distribuidora S.A. and Gedeon Richter Columbia S.A.S. are international subsidiaries in production and distribution.
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1998:
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of approximately $ 6.6 billion as of 2018, the third largest of companies with a primary listing on the
Budapest Stock Exchange. It has secondary listings on the
1953:
1958:
1405:
675:
The supervisory board is led by RĂłbert JonathĂĄn Bedros. Other members are Attila ChikĂĄn, KlĂĄra CsikĂłs KovĂĄcsnĂ©, Zsolt Harmath, and Ăva Kozsda KovĂĄcsnĂ©.
821:
1631:
1515:"Yvette Zimmerman new CEO Pantarhei Bioscience: "We find safe and effective new treatments using existing human molecules." â Pantarhei Bioscience"
951:
796:
1993:
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extremely capital-intensive operations. Initially, the laboratory processed extracts from organs of animals and produced organotherapeutic drugs.
1465:
895:
https://www.hermes-investment.com/au/en/professional/insights/active-esg/global-emerging-markets-positive-impact-case-study-richter-gedeon-nyrt/
1968:
1792:
1988:
1027:
846:
575:, who served as a chief executive officer of Gedeon Richter from 1992 to November 2017. As the new chief executive officer he appointed
976:
847:"AbbVie, Gedeon Richter ink pact to develop & commercialize novel dopamine receptor modulators to treat neuropsychiatric diseases"
190:
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on the U.S. market. On May 9, 1997 Danco filed a lawsuit against Gedeon, because they lost over $ 200 million due to the Gedeon's
1223:
998:
1535:
579:, a former fund manager, government official and Bogschâs deputy since 2016. De Gelsey remains to be a member of the board.
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336:
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1973:
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From July 2008 - April 2012, the company constructed a new manufacturing facility ($ 110 million) in Debrecen.
1583:
552:
445 million (âŹ337 million). PregLem is focused on the treatment of gynecological conditions and infertility.
587:
487:
In the 1970s, chemists at the Gedeon Richter Chemical Works in Budapest discovered the brain enhancing drug
478:
367:
324:
169:
93:
69:
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1800:
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1983:
907:"AbbVie and Gedeon Richter Announce Collaboration in Neuropsychiatric Diseases | AbbVie News Center"
548:
In October 2010, Gedeon Richter acquired 100% of a private Swiss biopharmaceutical company, PregLem, for
1074:
598:
461:
manufactured synthetic products at a later date. The company became a highly recognized manufacturer of
375:
1224:"(BW) Gedeon Richter and Repros Therapeutics Enter into Supply Agreement for Repros' Drug Proellex(TM)"
1031:
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and Gedeon Richter signed a license and distribution agreement to commercialize Richterâs biosimilar
535:
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In May 2006 Gedeon Richter signed a development and supply agreement with the US-based company
35:
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1927:
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348:
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637:
1253:
969:"Actavis and Gedeon Richter Plc. Announce FDA Receipt of NDA Resubmission for Cariprazine"
73:
445:
founded the company, when he first received a license to industrially produce medicines.
709:
The corporation has two plants today: the headquarters in Budapest, and a subsidiary in
1860:
1752:
1134:
1107:
442:
425:
417:
394:
340:
111:
55:
477:, and Tonogen, which continue to be in use). In 1934, Constant Janssen, of the future
1937:
1870:
1006:
921:"Gedeon Richter's first participation in the World Congress of Biological Psychiatry"
732:
717:
560:
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Lamisil. Barr paid Gedeon Richter a royalty for distributing the product in the U.S.
352:
328:
89:
63:
453:
1850:
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resigned as chairman of the board of Gedeon Richter. He was replaced by former CEO
531:
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26:
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The company was nationalized in 1948 and remained fully state-owned until 1994.
1855:
620:
466:
422:
406:
398:
279:
207:
165:
1777:
1764:
1438:"Baron William de Gelsey Resigns As Chairman Of Richter's Board Of Directors"
1202:
1170:
1086:
1143:
1738:
697:
In 2018 the dividends approved by the shareholders of Gedeon Richter were
1880:
1865:
766:
736:
539:
507:
462:
457:
429:
332:
122:
44:
1491:"BRIEF-Evestra has signed a collaboration partnership agreement with..."
491:, which continues to be used in treatment of cerebrovascular disorders.
1834:
1825:
1275:"Barr Pharma announces that Gedeon Richter, Plc. has received final..."
503:
474:
1108:"An update on vinpocetine: New discoveries and clinical implications"
586:
In September 2018 the company started collaborating with the company
318:
683:
As of December 31, 2018, Gedeon Richterâs shareholder structure is:
356:
297:
40:
1900:
1536:"Mithra Pharmaceuticals and Gedeon Richter set to market EstelleÂź"
722:
710:
481:, acquired the distribution rights for Gedeon Richter's products.
416:
344:
224:
690:
25% - Hungarian State (Hungarian State Holding Company, MNV Zrt.)
698:
401:
product development. The company was established in Budapest by
1796:
1830:
397:
therapeutic areas among others. The company is also active in
371:
256:
78:
720:
in India with Themis Medicare, and in Germany, with Helm AG.
510:
groups, Gedeon decided in 1997 to end its efforts to place
935:"US success offsets coronavirus impact for Gedeon Richter"
1716:
IUPAC | International Union of Pure and Applied Chemistry
1191:"ABORTION PILL'S U.S. SPONSOR SUING HUNGARIAN DRUG FIRM"
1159:"ABORTION PILL'S U.S. SPONSOR SUING HUNGARIAN DRUG FIRM"
465:
products, antiseptic and febrifuge products, as well as
1911:
1759:
Company headquarters' location in Budapest, Hungary:
1222:
Editors, Business; Wire, 2006 Business (2006-05-23).
534:. In July 2007 Gedeon Richter signed a contract with
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99:
85:
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51:
1999:Companies in the Central European Blue Chip Index
1687:"Gedeon Richter Wins 2017 Innovation Grand Prize"
366:Gedeon Richter Plc. has a primary listing on the
1657:
1655:
1466:"Plan B Pill Maker Replaces CEO After 25 Years"
1349:"Richter Announces the Acquisition of PregLem"
727:Production building of the company in Budapest
494:In 1995 Gedeon Richter signed a contract with
335:. It is the largest pharmaceutical company in
1808:
1608:"Gedeon Richter Plc. - Supervisory Committee"
1584:"Gedeon Richter Plc. - Supervisory Committee"
8:
1949:Pharmaceutical companies established in 1901
1712:"IUPAC-Richter Prize in Medicinal Chemistry"
19:
1815:
1801:
1793:
1406:"Gedeon Richter Plc. - Board of Directors"
34:
25:
18:
1979:Manufacturing companies based in Budapest
1560:"Subsidiaries Manufacturing subsidiaries"
1133:
1123:
1374:"STADA Arzneimittel AG | Press Releases"
1299:"Gedeon Richter Biopharmaceutical Plant"
1259:CS1 maint: numeric names: authors list (
1075:"Firm Hopes to Market New 'Memory' Drug"
822:"Consolidated Financial Statements 2018"
1918:
1106:Zhang YS, Li JD, Yan C (January 2018).
788:
339:, with an expanding direct presence in
1323:"Richter acquires Swiss-based PregLem"
1249:
1239:
952:"Gedeon Richter Company Report (2018("
363:and operations in over 100 countries.
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1432:
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713:which has been operating since 1967.
7:
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1954:Pharmaceutical companies of Hungary
1632:"Gedeon Richter Annual Report 2018"
452:The plant was built in 1907 in the
1959:Biotechnology companies of Hungary
14:
777:Science and technology in Hungary
1921:
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1112:European Journal of Pharmacology
597:to distribut its contraceptive,
248:
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43:center of Gedeon Richter plc in
16:Hungarian pharmaceutical company
385:Richter sells products for the
306:Footnotes / references
1994:1901 establishments in Hungary
1:
1969:Veterinary medicine companies
1157:Murphy, Caryle (1997-06-12).
1054:"Gedeon Richter: Our History"
1030:. 12 May 2014. Archived from
687:66% - International investors
1989:Companies of Austria-Hungary
1125:10.1016/j.ejphar.2017.11.041
975:. 6 Jan 2015. Archived from
370:and is a constituent of the
1325:. bbjonline. Archived from
662:Prof Dr Szilveszter E. Vizi
498:to market an abortion pill
2015:
361:Central and Eastern Europe
355:. Richter has the largest
337:Central and Eastern Europe
1841:
1778:47.4685833°N 19.1486583°E
1303:Pharmaceutical Technology
380:Luxembourg Stock Exchange
331:company headquartered in
304:
218:US$ 121.8 million (2018)
33:
24:
614:Organizational structure
601:, in Europe and Russia.
441:In 1901, the pharmacist
184:US$ 2.31 billion (2022)
872:"Gedeon Richter UK Ltd"
693:9% - Domestic investors
479:Janssen Pharmaceuticals
428:founded the company in
368:Budapest Stock Exchange
252:US$ 2.3 billion (2018)
235:US$ 2.7 billion (2018)
201:US$ 276 million (2018)
1783:47.4685833; 19.1486583
728:
588:Mithra Pharmaceuticals
538:for the production of
433:
387:central nervous system
1886:RĂBA Automotive Group
1846:ANY Security Printing
1746:at Wikimedia Commons
1028:"A deer in our heart"
726:
701:41 million in total.
679:Shareholder structure
557:Stada Arzneimittel AG
420:
376:market capitalisation
298:www.gedeonrichter.com
1944:Companies in the BUX
797:"Annual Report 2018"
627:Leadership structure
1774: /
1744:Gedeon Richter Ltd.
1329:on 17 February 2013
767:Economy of Budapest
752:IUPAC-Richter Prize
528:Repros Therapeutics
315:Gedeon Richter Plc.
270:Number of employees
21:
20:Gedeon Richter Plc.
1252:has generic name (
1034:on 17 January 2015
979:on 16 January 2015
772:Economy of Hungary
729:
516:breach of contract
496:Danco Laboratories
434:
1964:Vaccine producers
1909:
1908:
1742:Media related to
1517:. 22 January 2019
1228:Houston Chronicle
1079:Los Angeles Times
1003:www.pharmunion.am
876:Pharmacy In Focus
609:Corporate affairs
569:William de Gelsey
567:In January 2017,
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1974:Hungarian brands
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1753:Official website
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1472:. 2 October 2017
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1434:
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1412:. Archived from
1402:
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1380:. Archived from
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1355:. 7 October 2010
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1005:. Archived from
999:"Gedeon Richter"
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843:
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793:
716:The company has
658:Bålint Szécsényi
646:Dr. György Bagdy
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349:Northern America
300:
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191:Operating income
183:
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38:
29:
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1195:Washington Post
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1163:Washington Post
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642:Dr. Ilona Hardy
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405:(1872â1944), a
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17:
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5:
2012:
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1733:External links
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1667:www.richter.hu
1663:"English Home"
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1612:www.richter.hu
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1564:www.richter.hu
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1410:www.richter.hu
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1353:Fierce Biotech
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1197:. 1997-06-12.
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1081:. 1986-04-15.
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666:Kriszta Zolnay
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522:Recent history
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443:Gedeon Richter
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395:cardiovascular
391:womenâs health
341:Western Europe
325:pharmaceutical
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