- Business
- Orion Oyj develops, manufactures and markets human pharmaceuticals, veterinary pharmaceuticals and active pharmaceutical ingredients for global markets; its core therapy areas encompass central nervous system disorders including Parkinson's disease treatments such as Entacapone, Stalevo, Comtess and Comtan, oncology products like Nubeqa for prostate cancer and Fareston for breast cancer, respiratory medications including inhaled Easyhaler pulmonary drugs, as well as pain management with Burana, cardiovascular treatments like Simdax, hormone therapies such as Divina series for menopausal symptoms, and veterinary drugs including Bonqat, Clevor, Domosedan, Domitor, Antisedan, Dexdomitor, Domosedan Gel, Sileo and Tessie; the company also provides contract manufacturing services for various dosage forms encompassing tablets, capsules, liquids, semi-solids, hormonals, small volume parenterals and cytostatics, alongside diagnostic tests and APIs for generic and proprietary compounds. Founded in 1917 and headquartered in Espoo, Finland, Orion Oyj operates primarily from manufacturing and R&D sites in Finland, with its own sales organizations covering key European markets, Scandinavia, North America and select Southeast Asian countries, while products reach over 100 countries through partners; customers include specialist and general practitioners, veterinarians, pharmacies, hospitals, healthcare centers, clinics, laboratories and pet owners. In recent developments, Orion Oyj secured an exclusive commercial license in October 2025 from Abzena for a monoclonal antibody targeting a high unmet-need cancer to bolster its oncology pipeline, received a EUR 180 million milestone payment from Bayer related to Nubeqa sales as announced on December 3, 2025 alongside an upgraded full-year 2025 outlook, earned the Republic of Finland President's international growth award in the growth company category in November 2025, and reported continued strong net sales growth in its January-September 2025 interim results despite a phase 2 study setback for insomnia drug ODM-105.