Acino: Delivering health - by ensuring effective relief
Today, over 170 years after its foundation, Acino is a successful pharmaceutical company. Acino is specialized on the development and manufacture of generic and innovative pharmaceuticals using advanced drug delivery technologies and markets its products around the world.
"IT ALL STARTED WITH SALT"
The origins of the Acino - which was named "Schweizerhall" until 2008 - date back to 1836 when the company was founded around a saltworks operation near Basle. Subsequently, the company widened its activities to become both a manufacturer and trader and enlarged its portfolio with value added products including chemical specialties such as feeding stuffs, fertilizers and active pharmaceutical ingredients.
In 1994, the company went public on the Swiss stock exchange (SIX: ACIN) and gradually streamlined its business to focus on chemicals, pharmaceuticals and biotechnology. The subsequent years saw a focusing of the company's activities on advanced drug delivery with the acquisition of Cimex Pharma AG, a Swiss supplier of complex solid oral dosage forms, in 2004, and of Novosis AG, Europe's second largest manufacturer of transdermal patches and of biodegradable implants, in 2006.
Finally, in 2012, Acino completed the acquisition of Mepha's production and R&D facilities and the business in the Middle East, Africa, Latin America and Asia. In up and coming economies in these regions, currently in over 80 countries, Acino markets Swiss-quality medicines under its brand "Acino Switzerland".
On December 12, 2013 Pharma Strategy Partners GmbH, a 100% owned subsidiary of Avista Capital Partners and Nordic Capital, successfully completed its public tender offer for Acino and delisted the Acino shares from the SIX Swiss Exchange effective September 17, 2014.