Serono

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Serono
Image:Serono logo.gif
Type Stock corporation
Founded 1987
Location Geneva, Switzerland (Headquarters)
Key people Ernesto Bertarelli
CEO and Vice Chairman of the Board
Industry Pharmaceutical
Products Specialty goods
Revenue $US ~2.5 billion (2004)
Website http://www.serono.com

Serono is a biotechnology company headquartered in Geneva, Switzerland. The company was incorporated in 1987 and the holding company, Ares-Serono S.A., changed its name to Serono S.A. in May 2000.[1] The company develops and markets pharmaceuticals in the fields of Reproductive Health, Multiple Sclerosis and Growth & Metabolism. It is world-leader in the infertility market with an estimated market share of 60%, making it the third largest biotechnology company in the world. Serono's most important product accounted for 31.6% of the company's sales in 2004. Currently the company has a partnership in product development with Genentech Inc., a US biotechnology company.

Facilities

The headquarters is located in Geneva, Switzerland. Research and development facilities are maintained in Geneva, Switzerland, Boston, USA, Évry, France and Ardea, Italy. Main manufacturing sites are in Switzerland, Italy, Spain and France; a fifth facility in Israel was closed in 2004 owing to its obsolescence.[2]

External links

Notes

  1. ^  2002 Form 20-F. Retrieved July 3, 2005.
  2. ^  2004 Form 20-F. Retrieved July 3, 2005.


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