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Press release, Tuesday, 31 January 2023
The Galenica subsidiary Verfora will acquire 100% of Padma Ltd. at the end of January. Padma specialises in the manufacture and distribution of herbal formulations derived from Tibetan medicine. With the acquisition, Verfora is expanding its complementary medicine portfolio and expanding its range of reimbursable medicines.Padma Ltd. has been a manufacturer of herbal formulations from Tibetan medicine since 1969 and has its own production facility in Wetzikon (ZH), where the company’s headquarters are also located. The Tibetan constitutional teachings include behavioural tips for a healthy lifestyle and recommend the use of carefully compounded natural herbal formulations for specific conditions. The main products are Padma 28N and Padmed Circosan N, which are the market leaders in Switzerland for the treatment of mild circulatory disorders. Whereas Padma 28N is freely available on the market as an OTC preparation, Padmed Circosan N is on the speciality list and can be billed through health insurance funds if prescribed by doctors. Other products include Padma Digestin Plus for balanced digestion and Padma Nervoben, which supports the normal functioning of the nervous system.
Padma AG -
Ad hoc announcement pursuant to Art. 53 LR, Wednesday, 18 January 2023
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Ad hoc announcement pursuant to Art. 53 LR, Wednesday, 18 January 2023
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News, Friday, 4 March 2022
The employees of the Galenica Group are following the war in Ukraine with horror and bewilderment. To help the people on the ground, Galenica has launched two immediate initiatives.Under the lead of Galexis and together with suppliers and partner organisations, the Galenica Group is providing medical supplies such as bandages, disinfectants and medicines. A first shipment of medicines and consumables for hospitals will leave Galexis' distribution center in Niederbipp for Ukraine in the next few days.
Galenica is also encouraging its employees to donate to Swiss Solidarity. Galenica will pay in the total amount donated by employees once again, so that each donation will be doubled. By Friday, 4 March 2022, approximately CHF 60,000 have already been donated by employees.
Information on the Swiss Solidarity fundraising campaign: Swiss Solidarity website.
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