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Despite geopolitical and macroeconomic turbulence that has disrupted global supply chains and increased inflationary pressures, STADA in 2022 was able to increase its production output to supply around 1.2 billion packs, across 25,000 individual presentations or stock-keeping units, in approximately 120 countries worldwide. Service levels sustained at above 95% were supported by improvements in quality and safety, as the group’s 13,000 employees worked to ensure patients and their caregivers had access to the treatments they needed.

Through detailed planning, careful management, implemented efficiencies and commercial agility, STADA was able to improve its gross margin in 2022 by 1.2 percentage points to 48.7%.

STADA continues to strengthen its supply-chain resilience, not least through an investment of more than €50 million in a hub in Turda, Romania, which the group is constructing with industry-leading technologies such as photovoltaic solar panels that support STADA’s sustainability strategy. With 20 production facilities located across Europe, Eurasia and Asia, complemented by a network of 16,700 trusted suppliers and partners around the world, the Group benefits from a diversified, sustainable supply chain.

STADA’s sustained progress on environmental, social and governance (ESG) topics was documented for the first time at a group level during 2022 with the publication of the first STADA Sustainability Report. Evidence of the group’s advances came towards the end of last year when an independent ESG assessment conducted by Sustainalytics ranked STADA among the top 10% of pharmaceutical companies globally.

Sustained growth across three strategic segments

With a 17% increase in adjusted sales to €1.62 billion, Consumer Healthcare became STADA’s largest business unit in 2022, accounting for 43% of group turnover. The strong performance, well ahead of market averages, came through a combination of organic growth and the successful integration of recent acquisitions. In particular, partnering with Sanofi Consumer Healthcare has added leading brands such as Allegra, Bisolvon, Dulcolax and Silomat to STADA’s offering in a wide range of European and Eurasian countries.

At an organic level, STADA during 2022 continued to strengthen its extensive roster of local and regional Consumer Healthcare brands through launches and line extensions that included Hoggar Melatonin spray and capsules as well as Eunova D3 Spray und Junior in Germany; Lunestil in several central and eastern European countries; Mitosyl Naturel and Synthol Oral in France; Mebucaïne Dolo in Switzerland; Kamistad Baby Gel in the Czech Republic und Kazakhstan; and Urilys in Belgium.

Through leading local brands such as Aqualor, Grippostad, Lemocin, Silomat and Snup, STADA benefited from strong demand for cough, cold and sore-throat remedies. The group also outperformed Europe’s OTC dermatology sector, improving its market position with most of its key products. Through brands such as Cetraben, Flexitol, Mitosyl, Multilind and Oilatum, STADA ranks second by value in Europe’s OTC dermatology market.

These additions helped STADA to outperform the market and further strengthen its position as a top-four OTC medicines provider by value in Europe.

With 6% Generics adjusted sales growth in 2022 to €1.44 billion – equating to 38% of total group sales – STADA was also able to outperform several of its key competitors. Recent launches such as sitagliptin, sitagliptin/metformin, pregabalin and lacosamide ensured that the company continued to cover all relevant losses of exclusivity in Europe and reinforced the company’s position as Europe’s fourth-largest supplier of generics medicines by value.

STADA’s Specialty segment kept pace with the overall group, as adjusted sales advanced by 11% to €741 million in 2022. Specialty accounted for 19% of total group sales.

Within the Specialty segment, the financial contribution from biosimilar alternatives to original reference biologic medicines accelerated as more candidates progressed from STADA’s well-stocked pipeline to commercialization. During 2022, STADA achieved a key milestone in its Specialty and biosimilars strategy by securing an EU marketing authorization for, and subsequently launching across 16 European countries, Hukyndra (adalimumab) – a high-concentration, citrate-free biosimilar alternative to Humira that is the first biosimilar commercialized through a strategic partnership with Alvotech. Furthermore, the company towards the end of 2022 gained EU-wide approval for Ximluci (ranibizumab), a biosimilar referencing the Lucentis blockbuster biologic for serious eye complaints, that STADA plans to launch during 2023 in collaboration with partner Xbrane.

Beyond biosimilars, STADA continues to introduce in more European countries the Lecigon pump combining three proven active ingredients for late-stage Parkinson’s disease. And during 2022, STADA took a pioneering step not only for the group, but also for the entire pharmaceutical industry, by introducing Kinpeygo, the first EU-approved treatment for a rare, chronic and debilitating kidney disease.

Sustainable basis for future growth

“Our expanding portfolio of attractive local brands in Consumer Healthcare, and our stronger commercial footprint in the growing Specialty sector, are complementing the extensive offering of Generics through which STADA has for many years enabled access to high-quality, affordable medicines,” summarized Goldschmidt.

“STADA’s differentiated portfolio across all major therapeutic categories, along with our broad geographic presence in Europe, Eurasia, Asia-Pacific and the Middle East and North Africa, ensures that the group is not dependent on any specific product or region. Having concluded 86 in-licensing deals during 2022, I am confident that STADA has the right pipeline, portfolio and team to sustain our growth momentum in 2023.”

[1] For financial results as reported, consult the STADA Annual Report 2022.

About STADA Arzneimittel AG
STADA Arzneimittel AG is headquartered in Bad Vilbel, Germany. The company focuses on a three-pillar strategy consisting of consumer healthcare products, generics, specialty pharmaceuticals. Worldwide, STADA Arzneimittel AG sells its products in approximately 120 countries. In financial year 2022, STADA achieved group sales of EUR 3,797.2 million and reported earnings before interest, taxes, depreciation and amortization (EBITDA) of EUR 884.7 million. As of 31 December 2022, STADA employed 13,183 people worldwide.

Additional information for journalists
STADA Arzneimittel AG - Media Relations
Stadastrasse 2-18
61118 Bad Vilbel - Germany
Phone: +49 (0) 6101 603-165
Fax: +49 (0) 6101 603-215
E-Mail: press@stada.de
Follow @STADAGroup on LinkedIn

Additional information for capital market participants
STADA Arzneimittel AG - Investor & Creditor Relations
Stadastrasse 2-18
61118 Bad Vilbel – Germany
Phone: +49 (0) 6101 603-4689
Fax: +49 (0) 6101 603-215
E-mail: ir@stada.de

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