A world market leader from the Basel region – Bachem celebrates 50 years of company history
Bachem (SIX: BANB) celebrates its fifty-year anniversary tomorrow Wednesday, 16 June 2021.
Bachem was founded in 1971 by the entrepreneur Peter Grogg. Over the course of half a century Bachem has become a global leader in the development and production of peptides, important ingredients for a range of vital medicines that treat cancer, diabetes and other diseases.
In 1977, Bachem moved with eight employees to Bubendorf, where the company remains headquartered today. Its portfolio makes Bachem an important supplier to the global pharmaceutical and biotechnology industry.
What started out as a small laboratory has grown into a company that employs over 1,500 people at six locations worldwide. Last year, despite pandemic conditions, Bachem generated over CHF 400 million for the first time and hired 272 new employees. Bachem intends to grow further in the coming years and plans to invest more than CHF 400 million in the expansion of the company over the next five years.
The anniversary celebrations for employees, originally planned on site, will be held as a virtual event due to the COVID-19 pandemic.
Further information
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About Bachem
Bachem is a leading, innovation-driven company specializing in the development and manufacture of peptides and oligonucleotides. The company, which has 50 years of experience and expertise, provides products for research, clinical development, and commercial application to pharmaceutical and biotechnology companies worldwide and offers a comprehensive range of services. Bachem operates internationally with headquarters in Switzerland and locations in Europe, the US and Asia. The company is listed on the SIX Swiss Exchange. For further information, see www.bachem.com.
Bachem celebrates fifty years of company history. From Peter Grogg’s business idea in the 1970s to the world’s leading company in the development and production of peptides and oligonucleotides. A success story based on courage, innovation, quality, partnership, and unique people.
50 Years Bachem
For more information:
Bachem Holding AG
Dr. Daniel Grotzky
Head Group Communications
Tel.: +41 58 595 2021
Media: media@bachem.com
Investors: ir@bachem.com
