Company Overview
Snapshot
Founded in June 1995, Omrix Biopharmaceuticals operated with 201–500 employees. The company raised $4.84M across two funding rounds with two investors. A significant milestone was its acquisition by Johnson & Johnson in November 2008.
Business overview
Omrix Biopharmaceuticals specializes in the development and manufacture of products derived from human plasma, utilizing patented technology for global distribution. The company's product portfolio includes biosurgical hemostatic products designed for bleeding control during surgery, as well as passive immunotherapy products for patients with immune deficiencies. Operating within the Health Tech & Life Sciences sector, Omrix serves the medical products industry, focusing on healthcare providers and patients.
Strategic signal
Omrix Biopharmaceuticals was acquired by Johnson & Johnson in November 2008. This acquisition integrated Omrix's specialized human plasma-derived products and biosurgical solutions into a major global healthcare conglomerate, signaling a strategic move by Johnson & Johnson to enhance its Medical Device and Diagnostics Sector, specifically through Ethicon Inc. The event underscored the value of Omrix's patented technology and product lines in the biopharmaceutical market.
Company Intelligence Q&A
- What was a significant corporate event for Omrix Biopharmaceuticals?
- Omrix Biopharmaceuticals was acquired by Johnson & Johnson in November 2008, leading to its integration into Johnson & Johnson's Medical Device and Diagnostics Sector, reporting through Ethicon Inc.
- When did Omrix Biopharmaceuticals go public?
- Omrix Biopharmaceuticals completed an Initial Public Offering (IPO) on NASDAQ in January 2005.
- Which investors participated in Omrix Biopharmaceuticals' March 2005 funding round?
- In March 2005, Omrix Biopharmaceuticals received investment from Catalyst and Hercules Capital, Inc.
- What is the primary focus of Omrix Biopharmaceuticals' product development?
- Omrix Biopharmaceuticals focuses on developing and manufacturing products derived from human plasma, including biosurgical hemostatic products and passive immunotherapy products.
- What happened to Omrix Biopharmaceuticals' public listing?
- Omrix Biopharmaceuticals was delisted from NASDAQ in January 2009, following its acquisition by Johnson & Johnson.