Detailed Company Description:
Eurofins Scientific is a life sciences company operating laboratories in 24
countries to provide a comprehensive range of analytical testing services
drawing on the latest developments in biotechnology. The Group specialises in
delivering analytical testing and advisory services to clients from a wide range
of industries including the pharmaceutical, food and environmental sectors. With
about $ 500 million in annual sales, Eurofins believes it is the global leader
in food testing, belongs to the leading global laboratory groups serving the
pharmaceutical industry and is number one in Europe in the environmental testing
field.
Short History
Eurofins Scientific was founded in 1987 to market the SNIF-NMR technology, a
patented analytical method used to verify the origin and purity of several types
of food and beverages in cases where traditional testing methods would fail to
detect a sophisticated fraud. Within a 20-year period, the Group has grown from
a start-up company with 12 employees to become an international network of over
90 laboratories located in Europe, the USA, Asia and South America employing
more than 5,000 staff.
With a portfolio of over 15,000 reliable analytical methods and performing
more than 80 million assays per year to establish the safety, composition,
authenticity, origin, traceability, identity and purity of biological
substances, the Eurofins Group is now a leading global provider of bioanalytical
services.
Eurofins is one of the fastest growing companies in Europe: since its IPO on the
French stock exchange in 1997, Eurofins' sales have increased by more than 50%
each year (in compound average) to € 368m in 2006. The shares of Eurofins
Scientific are traded on Euronext (Paris) and Deutsche B?rse/XETRA (Frankfurt).
Eurofins belongs to the Euronext index SBF 250, MidCAC 100 and Next150 and thus
ranks amongst the largest 250 companies listed in Paris, Amsterdam, Brussels and
Lisbon.
Recent Developments
During the past year, Eurofins acquired several new laboratories mainly in
Germany, Scandinavia, France and the UK and with the acquisitions of Chemical
Control and Biolab the Company entered the Italian market. Eurofins established
a Wholly-Foreign-Owned Enterprise in China and took a major stake in the
Japanese company Fasmac to create a basis for providing analytical services to
customers in the Far East. The Group's Central Laboratory network Eurofins |
Medinet recently expanded significantly by building up two new sites in
Singapore and the USA.
These activities enabled Eurofins to strengthen its position in the food and
pharmaceutical testing sectors as well as in the field of DNA, genotyping and
clinical trials. The Group has enhanced its offer to the pharmaceutical and
biotechnological industries and now spans almost all of the product development
cycle. The Group has become one of Europe's largest Contract Research
Organisation providers for the pharmaceutical, agro-pharmaceutical and
biotechnological industries.
Eurofins has established several world-class Competence Centres and believes it
is the global leader in the analysis for trace amounts of dioxins and Persistent
Organic Pollutants as well as in testing for Genetically Modified Organisms (GMO).
This structure, combined with a broad test portfolio and technical expertise has
allowed the Group to react quickly to protect its clients from recent food and
feed scares (e.g. food and feed contamination with veterinary residues,
forbidden dyes, melamine and unauthorised GMO). Eurofins has developed many new
analytical testing methods and has participated in or led several R&D projects
in association with government bodies, industry and universities.
Future Plans
Eurofins intends to strengthen its global position as a leading bioanalysis
laboratory group serving the pharmaceutical, food and environmental industries.
Eurofins aims to become a global market leader in this field of applied life
sciences.
The Group is committed to supporting its clients' objectives of ensuring that
their products reach the best possible quality and safety levels in all markets
in which they operate. Eurofins intends to continue to develop, acquire or
license the most comprehensive range of state-of-the-art analytical technologies
as well as expand its geographical reach in order to support its clients'
increasingly stringent quality and safety standards and the demands of
regulatory authorities around the world.
Scientific Accreditations (85kb pdf)
Eurofins Company Brochure (669kb pdf)
Eurofins Webinar Flyer - cGMP (1.2 Meg pdf)