Molnlycke Health Care AB - Company Profile
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Molnlycke Health Care AB (Molnlycke), a subsidiary of Investor AB, is a medical device company that manufactures and markets wound care and surgical solutions for pressure ulcer prevention, wound care management, and surgical site infection. Its major wound care products include foam dressings, contact layer dressings, swabs, surgical dressings, fiber dressings, and turning and positioning systems. Molnlycke’s surgical products include surgical gloves, masks, drapes, patient warming, procedure trays, surgical gowns and antiseptics, among others. The company serves healthcare professionals and patients worldwide. It has operations in Europe, Asia Pacific, the Middle East, Africa, and North America. Molnlycke is headquartered in Gothenburg, Sweden.
Headquarters
Sweden
Address
Gamlestadsvaegen 3C, Gothenburg, Vastra Gotaland, 41502
Website
www.molnlycke.com
Telephone
46 31 7223000
No of Employees
8,779
Industry
Medical Equipment
Revenue (2022)
$1.9B
Molnlycke Health Care AB premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Wound Care | BARRIER |
| Compression Therapy | Biogel |
| Scar Management | Biogel Eclipse |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company entered into an agreement to acquire P.G.F. Industry Solutions. |
| 2023 | Contracts/Agreements | In August, the company entered into an agreement with MediWound for its upcoming Phase III study of EscharEx in venous leg ulcers (VLUs). |
| 2023 | Contracts/Agreements | In April, the company entered into a new EUR350 million revolving credit facility backed by seven global and regional banks. |
Competitor Comparison
| Key Parameters | Molnlycke Health Care AB | Medline Industries LP | Smith & Nephew Plc | Coloplast A/S | ConvaTec Group Plc |
|---|---|---|---|---|---|
| Headquarters | Sweden | United States of America | United Kingdom | Denmark | United Kingdom |
| City | Gothenburg | Northfield | Watford | Humlebaek | London |
| State/Province | Vastra Gotaland | Illinois | England | - | Greater London |
| No. of Employees | 8,779 | 34,500 | 18,452 | 15,751 | 10,129 |
| Entity Type | Private | Private | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Zlatko Rihter | President; Chief Executive Officer | Senior Management | 2020 | - |
| Susanne Larsson | Chief Financial Officer | Senior Management | 2020 | - |
| Karl Henrik Sundstrom | Chairman | Executive Board | 2022 | - |
| Maria Morin | Chief People Officer; Executive Vice President | Senior Management | - | - |
| Raphael Pascaud | Executive Vice President - Commercial | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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