Company profile

Future of Phoenix Pharmahande

#
Rank
874
| Quantumrun Global 1000

PHOENIX Pharmahandel Aktiengesellschaft & Co KG (also known as the PHOENIX Group) is the biggest pharmaceutical wholesaler in Germany and the 2nd largest in Europe. Its PHOENIX Documentation is an Internet-based archive providing detailed information on drugs, their indications, components, and effects. Formation of Holding company PHOENIX International Beteiligungs GmbH. Phoenix Group is a majority owner of the pharmaceutical wholesalers Tamro in Finland and Purus A.S. in the Czech Republic. Majority of the shares of Phoenix Group is owned by pharmaceutical conglomerate Merckle Group.

Home Country:
Sector:
Industry:
Wholesalers - Healthcare
Founded:
1994
Global employee count:
26611
Domestic employee count:
4434
Number of domestic locations:

Financial Health

Revenue:
$23247428000 EUR
3y average revenue:
$22535564667 EUR
Operating expenses:
$1925969000 EUR
3y average expenses:
$1831627000 EUR
Funds in reserve:
$367881000 EUR
Market country
Revenue from country
0.33

Asset Performance

Innovation assets and Pipeline

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the wholesale sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the projected economic growth within the African and Asian continents over the next two decades, spurred largely by massive population and internet penetration growth forecasts, will result in a significant increase in regional and international commerce/trade.

*RFID tags, a technology used to track physical goods remotely since the 80s, will finally lose their cost and technology limitations. As a result, manufacturers, wholesalers, and retailers will begin placing RFID tags on every individual item they have in stock, regardless of price. Thus, RFID tags, when coupled with the Internet of Things (IoT), will become an enabling technology, enabling the enhanced inventory awareness that will result in significant new investment in the logistics sector.

*Autonomous vehicles in the form of trucks, trains, planes, and cargo ships will revolutionize the logistics industry, allowing cargo to be delivered faster, more efficiently, and more economically. Such technological improvements will encourage greater regional and international trade that wholesalers will manage.

*Artificial intelligence (AI) systems will take over more and more of the administrative tasks and logistics management associated with purchasing items in bulk, shipping them across borders, and delivering them to end buyers. This will result in reduced costs, layoffs of white-collar workers, and a consolidation within the marketplace since larger wholesalers will afford advanced AI systems long before their smaller competitors.

COMPANY’S FUTURE PROSPECTS

Company Headlines