pharmaceutical
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and re ...
company, with annual revenues of $1.6 billion in 2018, founded and 100% owned by Bernard Fraisse, a French
billionaire
A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busin ...
businessman.
It was founded in 1985, and the company now employs 12,500 people. Fareva is the largest
contract manufacturing organization
A contract manufacturing organization (CMO), more recently referred to (and more commonly used now) as a contract development and manufacturing organization (CDMO) to avoid the acronym confusion of Chief Medical Officer or Clinical Monitoring Organ ...
(CMO) in France and of the top five pharmaceutical contract manufacturing organizations in the world. It has over 12,500 employees working in 40 different production sites.
In 2020 the company acquired two biologics facilities from Pierre Fabre; an oncology injectable plant in Pau, Southwest France and a
monoclonal antibody
A monoclonal antibody (mAb, more rarely called moAb) is an antibody produced from a cell Lineage made by cloning a unique white blood cell. All subsequent antibodies derived this way trace back to a unique parent cell.
Monoclonal antibodies ca ...
(mAb) production facility in
Saint-Julien-en-Genevois
Saint-Julien-en-Genevois (; frp, Sant-Jelien) is a subprefecture of the Haute-Savoie department in the Auvergne-Rhône-Alpes region in Eastern France. In 2018, the commune had a population of 15,509.
Geography
Saint-Julien-en-Genevois is locat ...
on the French-Swiss border.
The company is headquartered in
Tournon-sur-Rhône
Tournon-sur-Rhône (; oc, Tornon) is a commune in the Ardèche department in southern France. It is one of the most populous commune in the Ardèche department, after Annonay, Aubenas, and Guilherand-Granges.
Geography
It is located on the ...