Covis Pharma

Zug, Switzerland Founded: 2011 • Age: 15 yrs Acquired By Azurity Pharmaceuticals
Pharmaceutical company that markets therapeutic solutions for patients with life-threatening conditions and chronic illnesses

About Covis Pharma

Covis Pharma is a Healthcare company based in Zug (Switzerland) founded in 2011, and was acquired by Azurity Pharmaceuticals in March 2025. Pharmaceutical company that markets therapeutic solutions for patients with life-threatening conditions and chronic illnesses. The company has 10 employees. Covis Pharma has completed 1 acquisition, including AMAG Pharma. Covis Pharma offers products and services including Alvesco, Duaklir, Feraheme, and Tudorza. Its focus areas include Diversified Pharmaceuticals. Its legal entity is AMAG PHARMACEUTICALS INC.

Company details

Covis Pharma was founded in 2011 in Zug, Switzerland, as a pharmaceutical company focused on the sector of treatments for severe health issues. A portfolio of five products, including Altoprev, Betapace, Betapace AF, Rilutek for amyotrophic lateral sclerosis, and Lanoxin injection for moderate heart failure, is maintained. Operations involve marketing these therapies internationally. In April 2015, 18 products were acquired by Concordia Healthcare Group for 1.2 billion.

Key Metrics
  • Annual Revenue
    $474 M (USD)
    -4
    as on Dec 31, 2018
  • Net Profit
    -$65.76 M (USD)
    67
    as on Dec 31, 2018
  • EBITDA
    -$47.05 M (USD)
    85
    as on Dec 31, 2018
  • Latest Funding Round
    $350M (USD), Debt – Conventional

    Dec 2018

  • Investors
  • Employee Count
    10
  • Investments & Acquisitions
  • Acquired by
    Azurity Pharmaceuticals

    & 2 more

    (Mar 2025)

Products & Services of Covis Pharma

Covis Pharma offers a comprehensive portfolio of products and services, including Alvesco, Duaklir, Feraheme, and Tudorza.

Alvesco
Respiratory Medication

Treats asthma and respiratory conditions through inhalation therapy.

Duaklir
Respiratory Medication

Manages chronic obstructive pulmonary disease symptoms effectively.

Feraheme
Iron Replacement Therapy

Provides iron treatment for anemia in chronic kidney disease patients.

Tudorza
Respiratory Medication

Controls symptoms of chronic bronchitis and emphysema conditions.

Funding Insights of Covis Pharma

  • Total Rounds 1
  • Last Round Debt – Conventional — $350M
  • First Round $350M

    (Dec 2018)

All 1 funding rounds of Covis Pharma with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2018$350MDebt – Conventional––
–
Valuation history

3 investors in total: 3 institutional.

Investors in Covis Pharma

Covis Pharma has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Apollo Global Management, Azurity Pharmaceuticals and Cerberus Capital Management.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Buyouts are targeted through private equity investments by the firm.
1990apollo.comNew York, United States
Private equity and debt firm focused on multiple sectors
cerberus.comNew York, United States
Generic drugs are manufactured by Azurity Pharmaceuticals in the US.
1999azurity.comWoburn, United States
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Investor details for Covis Pharma

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  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Covis Pharma

23 people are tracked at Covis Pharma (11 in leadership, 8 in board & advisors, 4 in team); the tracked headcount is 10.

NameRoleGroup
Amy Y.
Associate Director, Compliance (global)Leadership
Erin L.w. Owusu
Associate Director Clinical OperationsLeadership
Ann Denardis-Tomcko
Director Supply And TradeLeadership
Yuriy Shveda
Associate Director, Market Access USLeadership
Ayman Noaman
Executive Director, Head Of European Business OperationsLeadership
Michael Porter
Chief Executive OfficerLeadership
Lenis de Leon
Associate Director Govn't Pricing & GTN AnalyticsLeadership
Ron Clark
General ManagerLeadership
Susan Lucas
Executive Director Market Access, Pricing, Contracting, Trade And Government AffairsLeadership
Daniel Freedman
VP of Clinical OperationsLeadership
Albert Dahouk
Chief Information OfficerLeadership
Rolf Hoffman
AdvisorBoard & advisors
Sean E. Brynjelsen
AdvisorBoard & advisors
Dhinusha Munien
DirectorBoard & advisors
Taavi Davies
DirectorBoard & advisors
John J. Kiely
AdvisorBoard & advisors
Claude Noesen
DirectorBoard & advisors
Alexis Heinen
DirectorBoard & advisors
Lucas Ellend-Brown
AdvisorBoard & advisors
Duilia Jiménez
Customer Service And Process Improvement ManagerTeam

3 more people are available in the full profile.

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Complete people profiles for Covis Pharma

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Covis Pharma

Covis Pharma has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AMAG Pharma.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Manufacturer of anemia based products and imaging agents for cancer and CVD diagnosis
amagpharma.comWaltham, United States1981Oct 2020••••
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Complete acquisition details for Covis Pharma

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Covis Pharma

6 dated milestones of Covis Pharma across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Covis Pharma is founded.
  2. Exit Acquired by Cerberus Capital Management.
  3. Funding First funding round of $350.0M.
  4. Exit Acquired by Apollo Global Management.
  5. Acquisition Acquires AMAG Pharma.
  6. Exit Acquired by Azurity Pharmaceuticals.

Web traffic of Covis Pharma

The website of Covis Pharma (covispharma.com) receives about 5.4K visits a month.

  • Monthly visits
    5.4K

    ▲ 58% vs previous month

Similar websites

Websites whose visitors overlap most with Covis Pharma. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
victoria-apotheke.ch
victoria-apotheke.ch
100%
#3,106,880–
axapharm.ch
axapharm.ch
85%
#2,806,905–
santhera.com
75%
12.6K#3,177,070View details
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Related news about Covis Pharma

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Complete news archive for Covis Pharma

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Frequently Asked Questions about Covis Pharma

Covis Pharma was founded in 2011 and raised its 1st funding round 7 years after it was founded.

Covis Pharma is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.

Covis Pharma has 10 employees.

Annual revenue of Covis Pharma is $474M as on Dec 31, 2018.

Covis Pharma was founded in 2011 in Zug, Switzerland, as a pharmaceutical company focused on the sector of treatments for severe health issues. A portfolio of five products, including Altoprev, Betapace, Betapace AF, Rilutek for amyotrophic lateral sclerosis, and Lanoxin injection for moderate heart failure, is maintained. Operations involve marketing these therapies internationally. In April 2015, 18 products were acquired by Concordia Healthcare Group for 1.2 billion.

Covis Pharma offers Alvesco, Duaklir, Feraheme, and Tudorza.

Covis Pharma has made 1 acquisition, including AMAG Pharma.

Covis Pharma has 3 investors. Key investors include Apollo Global Management, Azurity Pharmaceuticals, and Cerberus Capital Management.

Covis Pharma operates through Amag Pharmaceuticals Inc..

Yes. Covis Pharma was acquired by Azurity Pharmaceuticals in March 2025.

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