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Orion Corp
Orion Corp

Pharma / Pharmaceuticals and Healthcare

At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview
The Orion Corporation is a Finnish biopharmaceutical company that specializes in developing and commercializing medicines for the treatment of various diseases. It was founded in 1917 and has its headquarters in Helsinki, Finland. The company operates in over 20 countries and has a strong presence in Europe, as well as Asia and South America.
The company is divided into three main business areas: Pharmaceuticals, Diagnostics, and R&D. The Pharmaceuticals division focuses on developing and marketing drugs for the treatment of central nervous system disorders, cancer, and respiratory diseases. The Diagnostics division manufactures and sells diagnostic tests for various diseases, including infectious diseases and allergies. The R&D division is responsible for discovering and developing new drugs and diagnostic tests.
Some of Orion’s most well-known products include Stalevo for Parkinson’s disease, Simdax for heart failure, and Dexdor for sedation in intensive care units. The company is also a leader in the development and manufacturing of generic drugs.
In addition to its pharmaceutical and diagnostic businesses, Orion also has a strong commitment to sustainability and ethical principles. The company has a set of corporate values that guide its operations, including integrity, innovation, and patient focus.
Overall, the Orion Corporation is a well-respected and successful biopharmaceutical company that is committed to improving the health and well-being of individuals around the world.
What is special about the company?
1. Strong presence in diverse industries: The Orion Corp is a diversified company with a strong presence in multiple industries such as pharmaceuticals, biotechnology, diagnostic imaging, medical devices, food and beverages, pet food, and consumer health products. This diversity helps the company to withstand market volatilities and maintain stability in its earnings.
2. Global presence: Orion Corp operates in over 50 countries worldwide, with a strong presence in Europe, Asia, and North America. This global reach enables the company to tap into diverse markets and serve a wide range of customers.
3. Strong research and development capabilities: The company has a strong focus on research and development, with over 1,200 scientists working in their R&D centers. This allows Orion Corp to continuously innovate and develop new products, ensuring its competitiveness in the market.
4. Commitment to sustainability: Orion Corp is committed to sustainable development and has set ambitious goals to reduce its environmental impact, promote ethical business practices, and promote diversity and inclusion within the company.
5. Strong financial performance: Orion Corp has consistently shown strong financial performance, with a steady increase in revenue and profits over the years. This financial stability and growth provide a solid foundation for the company to pursue its future goals and investments.
6. Focus on corporate social responsibility: The company actively engages in various corporate social responsibility initiatives, including supporting local communities, promoting employee welfare, and donating resources and funds to various social causes.
7. Strong corporate culture: Orion Corp has a strong corporate culture focused on collaboration, innovation, and continuous improvement. This culture fosters a positive work environment and encourages employees to strive for excellence.
8. Emphasis on quality and safety: Orion Corp has a strong emphasis on product quality and safety. The company adheres to strict regulations and standards in all its operations to ensure the safety and efficacy of its products.
9. Customer-centric approach: The company puts a strong focus on understanding and meeting customer needs. This customer-centric approach has helped Orion Corp to build strong relationships with its customers and maintain their trust and loyalty.
10. Strong commitment to healthcare: With a majority of its products in the healthcare industry, Orion Corp is committed to improving people’s health and well-being. The company’s products and services are designed to contribute to the advancement of healthcare for individuals and communities.
What the company's business model?
Orion Corp is a South Korean pharmaceutical company that operates on a business model focused on research, development, manufacture, and distribution of prescription drugs, over-the-counter medications, and health supplements. Their business model is based on four core strategies:
1. Research and Development: Orion invests heavily in research and development activities to create new drugs and improve existing products. They have a dedicated research center and collaborate with other institutions and companies to enhance their development capabilities.
2. Manufacturing: Orion has several manufacturing facilities in South Korea that produce a wide range of pharmaceutical products, including tablets, injections, capsules, and ointments. They also have a global network of outsourcing partners to optimize their production capabilities.
3. Marketing and Sales: Orion has a strong marketing and sales strategy, with a broad product portfolio and a global distribution network. They focus on building strong relationships with healthcare professionals and developing effective marketing campaigns to promote their products.
4. Diversification: Orion has a diversified portfolio of products, which includes both prescription drugs and over-the-counter medications, as well as health supplements. This gives them a balanced business model and reduces risks associated with a single product line.
Overall, Orion’s business model is centered around innovation, quality, and customer satisfaction, with a focus on market expansion and diversification. They aim to provide high-quality healthcare solutions to people in South Korea and globally, while also generating profits for their shareholders.
Interesting facts about the company
1. Orion Corporation is a Finnish pharmaceutical and diagnostics company founded in 1917.
2. The company’s headquarters are located in Espoo, Finland.
3. Orion Corporation is listed on the Helsinki Stock Exchange and is a component of the OMX Helsinki 25 index.
4. The company specializes in the development, production, and marketing of human and veterinary pharmaceuticals, as well as diagnostic tests and medical devices.
5. Orion’s products are sold in more than 100 countries worldwide.
6. The company’s core therapeutic areas include central nervous system disorders, oncology, and respiratory diseases.
7. Orion Corporation has a strong focus on research and development, with a significant portion of its revenue reinvested into R&D activities.
8. In addition to pharmaceuticals, Orion Corporation also has a growing business in contract manufacturing and research services for other pharmaceutical companies.
9. The company has a long history of sustainability, with a focus on reducing its environmental impact and promoting social responsibility.
10. In 2020, Orion Corporation had a revenue of 1.073 billion euros and employed over 3,400 people.

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