Ratiopharm Pharmaceuticals

Ratiopharm is a German pharmaceutical company founded in 1973 by Adolf Merckle. It specializes in the production of generic medications and has become Europe's leading generics brand. The company offers a wide range of products, including prescription and over-the-counter medicines, covering various therapeutic areas. Ratiopharm's products are available in over 35 countries worldwide. In 2010, Teva Pharmaceutical Industries Ltd., headquartered in Israel, acquired Ratiopharm for approximately $5 billion, making Teva the leading generic pharmaceutical company in Europe. This acquisition significantly expanded Teva's presence in the European market, enhancing its position in key countries such as Germany, Spain, Italy, and France. The combined entity now holds the leading market position in ten European markets and ranks in the top three in seven additional countries. Ratiopharm continues to operate under its brand name as a subsidiary of Teva, contributing to the global distribution of affordable, high-quality generic medicines.