Pharmaq

Oslo, Norway Founded: 2004 • Age: 22 yrs Acquired By Zoetis
Fish vaccines, equipment, and diagnostic services for aquaculture are developed.

About Pharmaq

Pharmaq is a company based in Oslo (Norway) founded in 2004 was acquired by Zoetis in November 2015.. The company has 213 employees as of December 31, 2020. Pharmaq has completed 2 acquisitions, including Fish Vet Group and Nordland Set Vaks. Pharmaq offers products and services including Fish Vaccines and Vaccination Equipment.

  • Headquarter Oslo, Norway
  • Employees 213 as on 31 Dec, 2020
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pharmaq As
Operational Areas
Key Metrics
  • Annual Revenue
    $843.9 M (USD)
    4
    as on Dec 31, 2022
  • Net Profit
    $220.79 M (USD)
    4
    as on Dec 31, 2022
  • EBITDA
    $220.48 M (USD)
    4
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
    Zoetis

    & 5 more

  • Employee Count
    213

    as on Dec 31, 2020

  • Investments & Acquisitions
  • Acquired by
    Zoetis

    & 2 more

    (Nov 10, 2015)

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Products & Services of Pharmaq

Pharmaq offers a comprehensive portfolio of products and services, including Fish Vaccines and Vaccination Equipment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Vaccines for fish are developed and supplied by PHARMAQ to prevent diseases and improve welfare in aquaculture settings

Vaccination tools and related services are offered by PHARMAQ to facilitate fish health management in commercial operations

Funding Insights of Pharmaq

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2008 Amount Seed - Pharmaq Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Pharmaq

Pharmaq has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Zoetis, Permira and Orkla. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made in technology, consumer, healthcare, and service sectors.
Founded Year Domain Location
Kverva is focused on investments in the marine sector.
Founded Year Domain Location
Consulting services in agriculture, travel, and international investments are offered.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Pharmaq

Pharmaq has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Fish Vet Group and Nordland Set Vaks. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Veterinary healthcare research services for fish are provided.
1995
Machinery for fish vaccination is manufactured and supplied.
1995
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Pharmaq

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pharmaq Comparisons

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Competitors of Pharmaq

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pharmaq

Frequently Asked Questions about Pharmaq

When was Pharmaq founded?

Pharmaq was founded in 2004 and raised its 1st funding round 4 years after it was founded.

Where is Pharmaq located?

Pharmaq is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

How many employees does Pharmaq have?

As of Dec 31, 2020, the latest employee count at Pharmaq is 213.

What is the annual revenue of Pharmaq?

Annual revenue of Pharmaq is $843.9M as on Dec 31, 2022.

What does Pharmaq do?

Pharmaq was founded in 2004 in Oslo, Norway, focusing on the aquaculture sector. Vaccines and therapeutics are developed and manufactured to address fish diseases. Vaccination machinery and equipment are produced to facilitate administration processes. Diagnostic services, along with research-informed advice, are offered to support fish health and welfare. These activities contribute to sustainable operations within the global aquaculture industry.

What products or services does Pharmaq offer?

Pharmaq offers Fish Vaccines and Vaccination Equipment.

How many acquisitions has Pharmaq made?

Pharmaq has made 2 acquisitions, including Fish Vet Group, and Nordland Set Vaks.

Who are Pharmaq's investors?

Pharmaq has 6 investors. Key investors include Zoetis, Permira, Orkla, Innovasjon Norge, and Norad.

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