Recipharm’s revenue model praised by Swedish industry group

By Staff reporter

- Last updated on GMT

Recipharm’s revenue model praised by Swedish industry group

Related tags Management Manufacturing

Recipharm has been awarded commended for its revenue model and “achievements and success beyond the norm” by industry group, SwedenBio.

The Jordbro, Sweden-headquartered contract development and manufacturing organisation (CDMO) was awarded a prize for its efforts at a ceremony last week where SwedenBio chairman, Lars Aldersson, predicted its approach would inspire others.

Recipharm shows that with the help of strong leadership, a responsible investment strategy and focus on quality it is possible to build a global life science company based in Sweden, something that will hopefully inspire others to similar deeds​.”

SwedenBio’s citation stated that Recipharm “has purposefully and with great skill built a solid organisation with a critical mass” adding that “a good revenue model has contributed to that the company created jobs in Sweden, but also established itself internationally.”

Related topics Contract Manufacturing & Logistics

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