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Stada Will Continue To Invest To Drive Growth

CEO Peter Goldschmidt Is Seeking Both Organic And Inorganic Expansion

 
• By Dave Wallace

After a 12-month period that has seen Stada make significant investments in generics, biosimilars and consumer healthcare, CEO Peter Goldschmidt tells Generics Bulletin that the firm does not intend to stop there, as it pursues both organic and inorganic growth opportunities.

Goldschmidt_Peter
Peter Goldschmidt sets out Stada’s strategy • Source: Stada

Over the past year, Stada has made no secret of its appetite to strike major acquisition and partnership deals as part of its growth strategy.

Late last year the firm struck a key European biosimilars deal with Alvotech, covering seven biosimilars “in all key European markets.” (Also see "Alvotech And Stada Make Biosimilars Pact" - Generics Bulletin, 7 November, 2019.) And shortly afterwards, on the consumer healthcare side, the firm reached a $660m agreement with Takeda for a basket of 20 brands in Russia and the Commonwealth of Independent States

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