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APOSAN

Status
Realised
Country
Germany
Strategy
Small Cap
Sector
Healthcare
Entry
Oct-16
Exit
Sep-20
Fund
IK SC I
Website

Leading German pharmaceutical manufacturer and homecare provider

APOSAN was founded in 1991 with the purpose to service homecare patients through the compounding of individualised infusible and injectable medication. Since then, the company has evolved to an integrated full-range pharmaceutical homecare supplier with its own manufacturing capacities and a dedicated key account management and homecare nurses team to generate and support its growing nationwide patient base.

The APOSAN group of companies is organised in three main business segments: pharmaceutical homecare, providing services to patients that require long-term infusion to diseases; classical homecare, providing standard enteral nutrition solutions as well as selected standard medical devices; and ophthalmic injectables. APOSAN is headquartered in Cologne, Germany, and serves over 10,000 patients per year.

IK acquired a majority stake in APOSAN in October 2016 from the founder. In September 2020, APOSAN was sold to Santé Cie, a leading French home medical assistance provider and a portfolio company of Ardian.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Support organic growth in existing medications and homecare antibiotic treatments;
  • Grow intravenous product portfolio and further expand into adjacent areas in homecare;
  • Expand production capacity through investment into manufacturing facilities; and
  • Develop the sales and marketing organisation, with a focus on improving incentivisation.