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Annual Report 2005 - Boehringer Ingelheim

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countries since 2000 encourages us to put even<br />

greater emphasis on our efforts to create value<br />

for patients and society. The launch of our new<br />

HIV drug aptivus® in <strong>2005</strong> is thus another step<br />

towards fulfilling our commitment to ‘Value<br />

through Innovation’.<br />

Prescription Medicines, by far our largest busi-<br />

ness area, accounting for 76 % of total net sales,<br />

increased its turnover by more than 17 % to<br />

total EUR 7.2 billion. The share of our product<br />

portfolio which still enjoys patent protection or<br />

exclusivity rights rose to 59 %.<br />

Our other business areas also achieved signifi-<br />

cant growth. In Consumer Health Care (CHC),<br />

our self-medication business, net sales rose<br />

by 8.5 % to almost EUR 1.1 billion. This was<br />

mainly attributable to our flagship brands and<br />

leading products in the cough & cold and gastro-<br />

intestinal indications, such as bisolvon®,<br />

mucosolvan®, dulcolax® and buscopan®.<br />

In addition, pharmaton®, our well-established<br />

international brand for the improvement and<br />

maintenance of vitality and well-being, held the<br />

second strongest position in our CHC product<br />

portfolio.<br />

Members of the Board<br />

of Managing Directors:<br />

Dr Hans-Jürgen Leuchs<br />

Dr Andreas Barner<br />

Dr Alessandro Banchi<br />

Prof. Marbod Muff<br />

(from left to right)<br />

For some years, <strong>Boehringer</strong> <strong>Ingelheim</strong> has<br />

been one of the world’s largest manufacturers<br />

of biopharmaceuticals for industrial customers.<br />

We also market our own biotech products,<br />

metalyse® (heart attack) and actilyse® (stroke).<br />

Our overall biopharmaceuticals business,<br />

which grew by 40 % in <strong>2005</strong> to EUR 548 million,<br />

is expected to play an increasingly important<br />

role in combating many major and developing<br />

diseases.<br />

Our Animal Health business, which accounts for<br />

4 % of our net sales, has also grown above the<br />

market average in recent years. In <strong>2005</strong>, sales<br />

rose by almost 8 % to EUR 361 million.<br />

A key factor for <strong>Boehringer</strong> <strong>Ingelheim</strong>’s sustained<br />

success is our well-distributed presence in all<br />

important world markets. Our products are sold<br />

in some 150 countries. The USA, again by far<br />

the most important market in <strong>2005</strong>, generated<br />

36 % of our total net sales. Our US sales grew<br />

by 17 % to EUR 3.4 billion. Japan (+8 % to EUR<br />

1.2 billion) and Europe (+19 % to EUR 3.1 billion)<br />

also posted excellent development. Europe as a<br />

region contributed 33 % of our total net sales.<br />

The healthy business development of the past<br />

business year led to a 40 % rise in operating<br />

income (broadly comparable to EBIT), totalling<br />

EUR 1.9 billion and reflecting an operating<br />

margin of more than 20 %.<br />

Key Aspects of <strong>2005</strong>

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