May 17, 2020

4 healthcare trends for 2016

2 min
Four healthcare fads to look out for in the next 12 months.
The New Year has come and 2016 is in full swing. But with new beginnings always comes new trends.

Below are four healthcare fads to look out for in the...

The New Year has come and 2016 is in full swing. But with new beginnings always comes new trends.

Below are four healthcare fads to look out for in the next 12 months:

RELATED TOPIC: 5 best rules for designing healthcare websites

M&A deals and tax inversions

With lending rates still well below normal averages, companies looking to make acquisitions will have access to cheap capital to strike a deal this year. Not many sectors have been as active as healthcare in recent M&A agreements, and with drug making companies looking to grow and expand, there may be a lot more activity in 2016.

RELATED TOPIC: How the Pfizer-Allergan deal has completed healthcare's M&A explosion

The merging of technology and healthcare

Health IT trends could dominate in 2016. With 3D printing on the rise, new analytics software coming to fruition and, most importantly, the proliferation of cloud software, investors will be encouraged by the latest transactions.

RELATED TOPIC: Australian economy looks for lift from medical marijuana

Cancer immunotherapies

Although it’s been one of the most prominent healthcare trends for a couple years now, cancer immunotherapies will be something to keep a close eye on in 2016. Immunotherapies are medicines that work with a patient’s immune system to help locate and fight a disease more effectively.

Since cancer often goes unnoticed by our immune system, immunotherapies will eliminate the cancer’s ability to hide.

RELATED TOPIC: Walgreens has purchased Rite Aid; but will it change the healthcare industry?

Prescription drug reform

Hefty price increases to consumers and insurers have been installed for years by the pharmaceutical industry. Over the past four years, there has been an average increase of 117 percent.

While drug makers hoped that calls for prescription drug reform would cease, it has urged lawmakers and the public to find ways to keep brand-name drugs as affordable as possible.

Source: The Motley Fool

Let's connect!   

Click here to read the latest edition of Healthcare Global magazine!

Share article

Jun 22, 2021

Bachem turns 50 - a timeline

3 min
As Bachem turns 50, we take a look at the company's history

Bachem, a supplier to pharmaceutical and biotechnology companies worldwide, is celebrating its 50th anniversary this month. We take a look at the Swiss company's history.  

1971 - beginnings

Bachem is founded by entrepreneur Peter Grogg in Liestal, a small town near Basel in Switzerland. Grogg started the firm with just two employees, and with a focus on peptide synthesis - peptides are composed of amino acids that have a variety of functions treating health conditions such as cancer and diabetes. 

1977 - 1981 - early growth

Bachem moves its headquarters to the Swiss town of Bubendorf, with eight employees. In 1978 the company produces peptides for use in medicines for the first time. In 1981 production capacity triples and the workforce grows to 150. 

 1987 - 1996 - worldwide expansion

The company expands into the US with Bachem Bioscience, Inc. in Philadelphia. To strengthen its presence in Europe, Bachem opens sales and marketing centres in Germany in 1988. 

Further sales centres open in France in 1993. By 1995 the company employs 190 people. In 1996 it acquires the second largest manufacturer of peptides in the world and forms Bachem California with a site in Torrance. 

 1998 - 2003 - Bachem goes public

Bachem company goes public and lists shares on the Swiss Stock Exchange. Further acquisitions include Peninsula Laboratories, Inc, based in California, and  Sochinaz SA, a Swiss-based manufacturer of active pharmaceutical ingredients.  By 2001, the company has 500 employees and sales reach 141 million CHF.

In 2003 the organisation is given a new legal holding structure to support its continued growth, which remains in place to this day. 

2007 - 2013 - acquisitions

Bachem acquires a brand by Merck Biosciences for ready-to-use clinical trial materials and related services. 

In 2013, together with GlyTech, Inc. Bachem announces the development of a new amino acid that can help to treat multiple sclerosis, with a world market of more than $4 billion. 

In 2015 it acquires the American Peptide Company (APC), which becomes integrated into Bachem Americas. 

2016 - 2019 - a global leader

In 2016 the group opens a new building dedicated to R&D projects and small series production in Bubendorf. With a total of 1,022 employees, the workforce exceeds the 1,000 mark for the first time in the company’s history. Sales are over the 200 million mark for the first time at 236.5 million CHF.
Bachem expands into Asia with the establishment of a new company in Tokyo called Bachem Japan K.K. 

By 2019 Bachem has a growing oligonucleotide portfolio - these are DNA molecules used in genetic testing, research, and forensics. It is hoped this will become a significant product range in the future. 

2020 - COVID-19

Despite the COVID-19 pandemic, Bachem secures its supply of active ingredients, and even increases it in critical areas. Sales exceed the 400 million Swiss franc mark for the first time, and  272 new employees are hired.  

2021 - a milestone anniversary

Bachem celebrates its 50th anniversary and position as a global leader in the manufacture of peptides. While it  remains headquartered in Bubendorf, the company employs 1,500 people at six locations worldwide. In the next five years there are  plans to continue expanding. 

Commemorating the company's anniversary, Kuno Sommer, Chairman of the Board of Directors, said: "Bachem's exceptional success story from a small laboratory to a global market leader is closely linked to Peter Grogg's values, and has been shaped by innovation, consistent quality and cost awareness, as well as by entrepreneurial vision."

Share article