Shire plc
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| Shire plc (formerly: Shire Pharmaceuticals Group Plc) | |
|---|---|
| Image:Shire.gif | |
| Type | Public (LSE: SHP) |
| Founded | 1986 |
| Headquarters | Template:Country data GBR Basingstoke, England, UK |
| Key people | James Cavanaugh, Chairman Matthew Emmens, CEO |
| Industry | Pharmaceuticals |
| Revenue | $1,796.5 million (2006) |
| Operating income | $283.2 million (2006) |
| Net income | $278.2 million (2006) |
| Website | www.shire.com |
Shire plc (LSE: SHP) is a British manufacturer of pharmaceuticals including Adderall XR, Carbatrol, and Fosrenol. It was founded in 1986.
Corporate strategy
Shire’s strategic goal is to become the leading specialty biopharmaceutical company, focusing on meeting the needs of specialist physicians. Shire believes that a carefully selected portfolio of products with a strategically aligned and relatively small-scale sales force will deliver strong results. To this end, Shire focuses its business on medications in the areas of Attention Deficit Hyperactivity Disorder (ADHD), gastrointestinal (GI), renal diseases and human genetic therapies (HGT). The structure is sufficiently flexible to allow Shire to target new therapeutic areas to the extent opportunities arise through acquisitions. Shire believes that a carefully selected portfolio of products with a strategically aligned and relatively small-scale sales force will deliver strong results.
Shire’s focused strategy is to develop and market products for specialty physicians. Shire’s in-licensing, merger and acquisition efforts are focused on products in niche markets with strong intellectual property protection either in the US or Europe.
Shire announced the acquisition of New River Pharmaceuticals on 20th February 2007.
Corporate leadership
Matthew Emmens is the Chief Executive Officer and Chairman of the Executive Committee. The non-executive Board Chairman is Dr. James Cavanaugh. The President of the Human Genetic Therapies division is Sylvie Gregoire and Mike Cola is the President of Specialty Pharmaceuticals.
Key marketed products by business unit (with indications)
ADHD
- Adderall XR: All age Attention Deficit Hyperactivity Disorder
- Daytrana: Pediatric Attention Deficit Hyperactivity Disorder
- Vyvanse: Pediatric Attention Deficit Hyperactivity Disorder
Gastrointestinal
Human Genetic Therapies
- Elaprase: Hunter Syndrome
- Replagal: Fabry's disease
Renal
- Fosrenol: Hyperphosphatemia associated with End-Stage Renal Disease
Other
- Carbatrol: Epilepsy
- Equetro: Bipolar I Mood Disorder
- Reminyl (also sold as Razadyne): Alzheimer's Disease
- Xagrid (sold as Agrylin in the U.S.): Essential Thrombocytosis
Financial information
Shire is traded on three stock exchanges:
- The London Stock Exchange, where its symbol is SHP.L. Shire is a constituent of the FTSE 100 Index.
- The NASDAQ, where its symbol is SHPGY.
- The Toronto Stock Exchange, where its symbol is SHQ.TO.
Shire's financial reports can be found at http://www.shire.com/shire/InvestorRelations/reports.jsp?tn=2&m1=22.
Locations
The corporate offices are located in Basingstoke, Hampshire. The address is:
- Hampshire International Business Park
- Chineham Basingstoke
- Hampshire
- RG24 8EP
- United Kingdom
Other major offices are located in the United States in Wayne, Pennsylvania and Cambridge, Massachusetts. Plus, Shire owns a manufacturing site in Owings Mills, Maryland.
External links
Template:FTSE 100 Index constituentsde:Shire Pharmaceuticals
Acknowledgement and Attribution Regarding Sources of Content
Some of the initial content on this page may be incorporated in part from copyleft sources in the public domain including wikis such as Wikipedia and AskDrWiki. Drug information for patients came from the The National Library of Medicine. Infectious disease information may have come from the Centers for Disease Control (CDC). Differential Diagnoses are drawn from clinicians as well as an amalgamation of 3 sources: 1.The Disease Database; 2. Kahan, Scott, Smith, Ellen G. In A Page: Signs and Symptoms. Malden, Massachusetts: Blackwell Publishing, 2004:3; 3. Sailer, Christian, Wasner, Susanne. Differential Diagnosis Pocket. Hermosa Beach, CA: Borm Bruckmeir Publishing LLC, 2002:7 .
