Boehringer Ingelheim Reports Strong 2024 Growth and Prepares for New Product Launches in 2025
The pharmaceutical leader achieved a 6.1% revenue increase, driven by top-performing products and significant R&D investments, while advancing plans for innovative treatments.
- Boehringer Ingelheim's 2024 revenue grew by 6.1%, reaching 26.8 billion euros, with human pharmaceuticals contributing 21.9 billion euros, a 7% increase.
- Jardiance, the company's top-selling product, generated 8.4 billion euros in revenue, a 14% rise, driven by its use in diabetes, heart failure, and kidney disease treatments.
- The company invested 6.2 billion euros in research and development, with 5.7 billion euros allocated to human pharmaceuticals, supporting innovation in oncology and respiratory diseases.
- Plans are underway to potentially launch Zongertinib for lung cancer and Nerandomilast for lung fibrosis in 2025, reflecting a focus on unmet medical needs.
- Boehringer Ingelheim continues to regionalize its supply chains, including establishing a localized supply chain for Jardiance in the U.S., to mitigate trade risks.