About Colorcon
Colorcon is a Healthcare company based in Harleysville (United States) founded in 1961, and was acquired by Berwind in June 1978. Developer of specialty excipients and corporate-backed venture capital fund focused on healthcare startups. The company has 1,268 employees. Colorcon has completed 2 acquisitions, including Airnov Healthcare Packaging and Ideal Cures. Its chief executive, as recorded, is Martti Hedman. Its website colorcon.com draws about 47 thousand monthly visits. Its Indian entity Colorcon Asia Private Limited reported revenue of ₹1,439 Cr. Colorcon offers products and services including Opadry Coating Systems, Starch 1500, and Desiccant Packets. Its focus areas include Biopharma Outsourcing, CDMO, Small Molecules & Peptides and Excipient Production. Its competitors include Pfanstiehl and SPI Pharma; 1 of its 2 listed competitors has raised funding.
Company details
Colorcon was founded in 1961 and is headquartered in Harleysville, United States. Specialty excipients for pharmaceutical applications are developed and supplied by the company. Operations include the management of a corporate-backed venture capital fund, through which investments are directed toward healthcare startups. Focus is placed on excipient technologies and early-stage healthcare innovations across the United States.
- Headquarters Harleysville, United States
- Employees 1,268
- Stage Acquired
- SectorsHealthcare
- Website category Health · Biotechnology and Pharmaceuticals
- Phone•••• ••••
- Website colorcon.com
- Social LinkedIn X YouTube
- Acquired by Berwind (Jun 1978)
- Legal Name Colorcon Asia Private Limited
- Date of Incorporation 22 Apr, 1994
- Jurisdiction Goa, India
- Indian entity revenue₹1,439 Cr
FY 2025 · -7% YoY
- Indian entity net profit₹363 Cr
FY 2025 · 25% margin
- Indian entity EBITDA₹504 Cr
FY 2025 · 35% margin
- Investors
- Employee Count1,268
- Investments & AcquisitionsAirnov Healthcare Packaging
& 1 more
- Acquired byBerwind
(Jun 1978)
Associated legal entities of Colorcon
Colorcon operates through Colorcon Asia Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Colorcon Asia Private Limited CIN U01122GA1994PTC003308 | Active | 22 Apr 1994 | Salcete, Goa | ₹1,439 Cr | 241 | 3 | View details |
Products & Services of Colorcon
Colorcon offers a comprehensive portfolio of products and services, including Opadry Coating Systems, Starch 1500, and Desiccant Packets.
Provides protective coatings for pharmaceutical tablets to enhance stability.
Acts as a binder and filler in solid oral dosage forms for drug formulation.
Controls moisture to maintain medication integrity during storage.
Apps and channels of Colorcon
its YouTube channel Colorcon, Inc has 27 subscribers.
Investors in Colorcon
Colorcon has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Berwind.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Berwind is operated as a family-owned investment management company. | berwind.com | Philadelphia, USA |
Investor details for Colorcon
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Board of directors of Colorcon Asia Private Limited (Colorcon)
Colorcon Asia Private Limited is the primary company behind Colorcon. The board of Colorcon Asia Private Limited currently have 3 directors; the longest-serving is Simon Tasker, appointed in 2021. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Simon Tasker DIN 09082917 | Director | 01 Mar 2021 | 5 yrs 8 mo | Colorcon Asia Private Limited |
| Vinay Bharat Potdar DIN 09736789 | Whole-time director | 18 Oct 2022 | 4 yrs | Colorcon Asia Private Limited |
| Anita Dhande DIN 10041490 | Managing Director | 02 Feb 2023 | 3 yrs 9 mo | Colorcon Asia Private Limited |
People of Colorcon
198 people are tracked at Colorcon (37 in leadership, 161 in team); the tracked headcount is 1,268.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Paul Newman | Director - IT Infrastructure And Systems | Leadership |
| CEO | Leadership | |
Geoff Pieninck | Director Of Commercial Operations | Leadership |
Shannon Kelly | Managing Director, Americas | Leadership |
Kristine Jarema | Director - Global Project Excellence | Leadership |
David Ferrizzi | General Manager APAC Region | Leadership |
Paul Wilkinson | Director- Film Coatings Business Operations | Leadership |
Christian Sprunger | Director Of Global Operations | Leadership |
Daniel Wakefield | Vice President Of Global Operations | Leadership |
Sheila Rowe | Director Global Supply Chain | Leadership |
Shahrzad Missaghi | Director, Strategic Technical Solutions And Business Development At Colorcon® | Leadership |
Ali Rajabi-Siahboomi | VP & Chief Innovation Officer | Leadership |
Dave Graeber | Vice President And CFO | Leadership |
Kyle A. Speck | Director, Global Finance | Leadership |
Stephen Batchelor | Finance Director | Leadership |
Abey Thomas | Market Development Director | Leadership |
Sailesh Verma | Sales Director- South Asia | Leadership |
Kili Lu | Director Operations China | Leadership |
Willem J.a. Hoogwater | Managing Director Nesea & SA | Leadership |
178 more people are available in the full profile.
Complete people profiles for Colorcon
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Financials of Colorcon
Figures of Colorcon Asia Private Limited, the primary company behind Colorcon, for FY 2025. Revenue was ₹1,439 Cr (-7% year on year). Net profit was ₹363 Cr (25% margin). EBITDA was ₹504 Cr (35% margin). Revenue has grown at a compounded annual rate of +9% over three years and +10% over five years.
- ₹1,439 CrRevenue · FY 2025 · -7% YoY
- ₹363 CrNet profit · 25% margin
- ₹504 CrEBITDA · 35% margin
- ₹1.63 CrPaid-up capital
- 241Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Colorcon Asia Private Limited are on its company page.
Detailed financial statements for Colorcon
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Investments & Acquisitions by Colorcon
Colorcon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Airnov Healthcare Packaging and Ideal Cures.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Healthcare packaging is manufactured for pharmaceutical and drug applications. | airnov-healthcare.com | Romorantin Lanthenay, France | 1952 | Jan 2023 | •••• | |
Manufacturer of pharmaceutical excipients and coatings systems for solid oral dosage forms | idealcures.com | Mumbai, India | 1999 | Oct 2021 | $250M |
Complete acquisition details for Colorcon
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Timeline of Colorcon
4 dated milestones of Colorcon across 62 years, from founding to its latest funding, stage changes and deals.
- Founded Colorcon is founded.
- Exit Acquired by Berwind.
- Acquisition Acquires Ideal Cures.
- Acquisition Acquires Airnov Healthcare Packaging.
Competitors of Colorcon
Colorcon has 2 listed competitors in our database, 1 of them funded. They include Pfanstiehl and SPI Pharma.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pfanstiehl.com | 1919 | Waukegan, United States | $6.7M | APIs, injectable excipients, and bioprocessing solutions are manufactured. | ||
| spipharma.com | 2000 | Wilmington, United States | 22 | Excipient products and formulations are manufactured for pharmaceutical uses. |
Detailed competitors of Colorcon
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Web traffic of Colorcon
The website of Colorcon (colorcon.com) receives about 47.4K visits a month and ranks #759,642 among all websites worldwide, #887 in Biotechnology and Pharmaceuticals.
- Monthly visits47.4K
▲ 18% vs previous month
- Unique visitors17K
per month
- Global rank#759,642
among all websites
- Category rank#887
Health · Biotechnology and Pharmaceuticals
- Bounce rate38%
- Pages per visit2.1
- Average visit36 sec
- DevicesDesktop 38% · Mobile 62%
Websites whose visitors overlap most with Colorcon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| capsugel.com | 100% | 37.5K | #823,274 | View details | |
| catalent.com | 99% | 116.7K | #338,870 | View details | |
| coraldrugs.com | 98% | 680.7K | #11,178,852 | View details | |
| covance.com | 98% | 20.2K | #688,229 | View details | |
| centerwatch.com | 98% | 158.2K | #254,725 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for Colorcon
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Top companies in Biopharma Outsourcing & Drug Delivery
3 companies that operate in the same segment as Colorcon (Biopharma Outsourcing & Drug Delivery) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Suite solutions are provided for payers and healthcare providers. | 1998 | Princeton, New Jersey, United States | USD 220 M | USD 374.1 M | 5,666 | |
Wearable insulin infusion systems are developed for diabetes patients. | 2000 | Boston, Massachusetts, United States | USD 120.4 M | USD 2.71 B | 3,900 | |
Developer of small-molecule drugs | 1991 | Los Angeles, California, United States | USD 50 M | USD 348.97 M | 407 |
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Related news about Colorcon
Complete news archive for Colorcon
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Frequently Asked Questions about Colorcon
Colorcon was founded in 1961.
Colorcon is headquartered in Harleysville, United States. It is registered at Harleysville, Pennsylvania, United States.
Martti Hedman is the CEO of Colorcon, as recorded in our data.
Colorcon has 1,268 employees.
The primary company behind Colorcon, Colorcon Asia Private Limited, reported revenue of ₹1,439 Cr for FY 2025, down 7% year on year.
Colorcon was founded in 1961 and is headquartered in Harleysville, United States. Specialty excipients for pharmaceutical applications are developed and supplied by the company. Operations include the management of a corporate-backed venture capital fund, through which investments are directed toward healthcare startups. Focus is placed on excipient technologies and early-stage healthcare innovations across the United States.
Colorcon's top competitors include Pfanstiehl and SPI Pharma.
Colorcon offers Opadry Coating Systems, Starch 1500, and Desiccant Packets.
Colorcon has made 2 acquisitions, including Airnov Healthcare Packaging, and Ideal Cures.
Colorcon has 1 investor. Key investors include Berwind.
Colorcon operates through Colorcon Asia Private Limited.
Yes. Colorcon was acquired by Berwind in June 1978.