Zeltia

Zeltia is a former Spanish pharmaceutical company which operated through a variety of subsidiaries in the pharmaceutical and chemical industries. As of 2007, Zeltia's research activities in the pharmaceutical area had not resulted in a marketed product.[history 2] However, the company's majority shareholder and chairman are the same person, which has relieved the pressure which many CEOs have experienced to produce immediate returns.[history 3]

Zeltia, S.A.
TypeSociedad Anónima
BMAD: ZEL
ISINES0184940817
IndustryPharmaceutical
FoundedVigo, Galicia, Spain (August 3, 1939 (1939-08-03))
Defunct2015 (2015)
Headquarters
Madrid
,
Spain
Area served
Worldwide
Key people
José Fernández Sousa-Faro (Chairman)
ProductsPharmaceuticals
RevenueIncrease US$176 million (2009)
Increase (US$46.3) million (2009)
Increase (US$40.3) million (2009)
Total assetsIncrease US$302.9 million (2009)
Total equityDecrease US$59 million (2009)
SubsidiariesPharmaMar, Genómica, Sylentis, Zelnova, Xylazel
Websitewww.zeltia.com
Footnotes / references
[finan 1][history 1]

History

In 1993 Zeltia sells its subsidiary Cooper-Zeltia taking the name CZ Veterinaria, which years later would be renamed Zendal.[1]

The company was taken over by its subsidiary Pharma Mar in a reverse takeover, keeping the Zeltia's Group structure.

In 2018 PharmaMar sells Xylazel to the Dutch company AkzoNobel.[2][3]

In 2019 PharmaMar sells Zelnova, the group's last subsidiary in Galicia, to the Galician investment company Allentia Invest for 33 million euros.[4]

Subsidiaries

Direct subsidiaries as of 2009 were:[finan 2] Pharma Mar, S.A.U.; Genómica, S.A.U.; Zelnova, S.A; Protección de Maderas, S.A.U; Xylazel, S.A.; Noscira, S.A.; Sylentis, S.A.

Indirect subsidiaries which are direct subsidiaries of Pharma Mar as of 2009 were:[finan 2] Pharma Mar US; Pharma Mar AG; PharmaMar S.A.R.L.; Pharma Mar GmbH; Pharma Mar Ltd.

A single indirect subsidiary is a direct subsidiary of Zelnova, that being Copyr, S.p.A.[finan 2]

References
  1. "El pueblo que levantó una industria". La Voz de Galicia. August 31, 2015.
  2. "Pharma Mar vende su química gallega Xylazel por 21,8 millones » Galicia" (in Spanish). Retrieved July 25, 2022.
  3. Construcción, Alimarket. "Akzo Nobel compra la fabricante gallega Xylazel - Noticias de Construcción en Alimarket, información económica sectorial". Alimarket.es (in Spanish). Retrieved July 25, 2022.
  4. Ropero, Javier García (August 24, 2020). "Zelnova buscará compras y crecer en el exterior para facturar 100 millones en 2024". Cinco Días (in Spanish). Retrieved July 25, 2022.

Financial
  1. "Zeltia, S.A." (database record). Austin, Texas, United States: Hoover's. Companies. Retrieved May 7, 2011.
  2. "Consolidated Financial Statements as of 31 December 2009". Zeltia. April 16, 2010. Retrieved May 7, 2011.

History
  1. Bueno, María José Sánchez (2008), El proceso innovador y tecnológico: estrategias y apoyo público (Google Books) (in Spanish), Netbiblo, p. 175, ISBN 978-84-9745-240-3, OCLC 434255490, retrieved May 7, 2011
  2. Clark, Todd D. (2007), "Spain", PharmaHandbook: a guide to the international pharmaceutical industry (Google Books) (5 ed.), New Orleans, Louisiana, United States: Value of Insight Consulting, p. 381, ISBN 978-0-9795443-0-9, OCLC 254331162, retrieved May 7, 2011
  3. Jericó, Pilar (2009), "The Price of Fear", No Fear: In Business and In Life (Google Books), Basingstoke, United Kingdom: Palgrave Macmillan, p. 66, ISBN 978-0-230-58038-1, OCLC 636422030, retrieved May 7, 2011
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