Rare disease pioneer AOP Orphan takes over two health care companies, strengthening its position in Europe as well as Vienna as a research- and business hub.
AOP Orphan Pharmaceuticals AG (AOP Health) took over the Viennese pharmaceutical company Amomed and the Luxembourgish health-tech company SciPharm in September 2020. All existing jobs have been kept and form the basis for a growth strategy which should also create further jobs in the coming years. New chances and opportunities will also open for Austria as a hub for research and business. In addition, the company assumes that there will be a significant increase in revenues and that new markets will be tapped in the period until 2030. The entire global market is currently served from Vienna.
Vienna, October 12, 2020: In the third quarter of 2020, AOP Health took over the health care companies Amomed Pharma GmbH and SciPharm S.à.r.l. AOP Health thus continues its consistent growth trajectory towards being a pan-European health care group with a focus on rare and complex diseases. Researching, developing, and marketing new products and services are geared towards the entire global market, which is already covered from Canada through to South America and Australia.
Creation of new jobs
The takeover will mean that the AOP Health Group’s workforce will grow from 220 to approx. 350 employees. “From the beginning, it was our priority to preserve all existing jobs and we have done just that. By developing innovative therapies and a broader territorial presence, we are convinced that we will continue to generate significant growth,” says Andreas Steiner, CEO of AOP Health.
2030: A billion euros in revenues
The Group intends to increase its revenues to one billion euros by 2030. “Due to the strategic focus on providing holistic therapy solutions which include drugs, medical devices and patient services and an innovative product pipeline, we are convinced that this positive development will come to fruition,” Steiner continues. AOP currently has various products for around 10 indications in the pipeline, including for septic shock, Huntington's chorea (a functional disorder of the brain characterized by motor and behavioral problems) or chronic myeloid leukemia, a malignant disease of the bone marrow. As well as developing innovative therapies, the international team also works on medical devices and software solutions, e.g. for patients with pulmonary arterial hypertension (PAH). Patients are connected to the doctors treating them by an app which enables the dose of the drug which is administered using a pump to be controlled - precisely and tailored to the individual patient.
Production: 80 percent in Europe
The AOP Health Group manufactures 80 percent of its drugs in Europe - an aspect which has become more and more relevant since the start of the COVID-19 pandemic. The AOP Health Group now has more than 20 subsidiaries and representative offices across the whole of Europe as well as in the United Arab Emirates and Israel. We aim to enhance this presence and tap into new markets.
Focus on special diseases with a complex management
The AOP Health Group is the European pioneer in the field of special diseases with a complex management. After the takeover, the health care group will concentrate on four therapeutic divisions: hemato-oncology, cardiology & pulmonology, neurology & metabolic disorders, and intensive care medicine. The company focuses on developing holistic therapy solutions that place patients at the heart of the matter.
The patient-centric approach
The foundation of the AOP Health subsidiary OrphaCare GmbH in 2018, with its focus on developing patient services, cemented this patient-centric approach. The takeover of Amomed and SciPharm brings the research and development of drugs as well as the development of medical devices and patient services together under one roof, creating optimal conditions for developing integrated therapies. OrphaCare’s hotline, for example, is a key service in the everyday life of people suffering with PAH. The hotline does not just provide technical support: it is also manned by experts around the clock. “We as doctors very much appreciate this approach, as do the patients. Because it is important to ensure long-term treatment with a life-saving drug. This expert hotline is of great value and is now indispensable in providing care to patients,” explains Professor Dr. Irene Lang, Head of the Pulmonary Hypertension Outpatient Clinic at Vienna’s General Hospital (AKH).
For more information, please contact:
AOP Orphan Pharmaceuticals AG
Wilhelminenstraße 91/IIf, 1160 Vienna
Ms. Nina Roth, MAS
T: +43 676 3131509
AOP Orphan Pharmaceuticals AG is an international pharmaceutical company with its registered office in Vienna and a focus on rare and special diseases. Over the past 25 years, the company has become an established provider of integrated therapy solutions from its headquarters in Vienna. This development has been made possible by a continually high level of investment in research and development on the one hand and a highly consistent and pragmatic orientation towards the needs of all our stakeholders on the other - especially the patients and their families but also the doctors and care professionals treating them. In the third quarter of 2020, AOP Health took over Amomed and SciPharm, two European health care companies, thus continuing its consistent path of growth into a pan-European health care group specializing in rare and special diseases.
Amomed Pharma GmbH is an international pharmaceutical company with its registered office in Vienna. Since its incorporation in 2006, the company has established itself as a renowned specialist for pharmaceutical products for use in intensive care- and emergency medicine, anesthetics, psychiatry, and neurology. Close ties with medical science and a strong emphasis on practical use make AMOMED a sought-after partner for doctors, specialists, and decision-makers all over the world. Like AOP Health, Amomed and its team is committed to the life-saving aspect of its work. Amomed became part of the AOP Health Group when it was taken over by AOP Health in September 2020.
The health-tech company SciPharm S.à.r.l., founded in Luxembourg in 2010, focuses on medical devices and digital solutions which connect patients with doctors and care professionals. In this way, therapy can be managed with precision. In the future, it can even be managed online. SciPharm became part of the AOP Health Group when it was taken over by AOP Health in September 2020.
OrphaCare GmbH was founded in Vienna in 2018 and specializes in the distribution of medical devices and the comprehensive supply to patients who are given drugs via devices (e.g. pumps). OrphaCare is part of the AOP Health Group.