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Fresenius Kabi Reveals €800m Biopharma Ambitions By 2026

German Firm Also Raises Its Revenue, Margin Guidance For 2023

 
• By Dean Rudge

During a lengthy and comprehensive capital markets day, Fresenius Kabi spelled out its vision and plans for a return from the company’s burgeoning Biopharmaceuticals business, following years of major investment.

Ambition concept with businessman climbing stairs
• Source: Shutterstock

Fresenius Kabi has laid out ambitions for its major investments in its Biopharma business to treble or even quadruple by 2026 the business unit’s 2022 sales of around €200m ($215m), while “significantly improving margins” as part of a long-held commitment for the business to break even at the EBITDA level from 2024.

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