Recordati

Recordati

REC.MI
Milan, Italy· Est.
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REC.MI · Stock Price

EUR 49.80-2.35 (-4.51%)
Market Cap: $12.0B

Historical price data

Market Cap: $12.0BPipeline: 35 drugs (5 Phase 3)Patents: 2Founded: 1926Employees: 4,450-4,580HQ: Milan, Italy

Overview

Founded in 1926, Recordati has grown from a local Italian pharmacy into a global pharmaceutical force with a market valuation of approximately $9.9 billion. The company's strategy is built on a dual therapeutic focus—addressing widespread common diseases and high-need rare diseases—supported by a fully integrated value chain from R&D to manufacturing and global commercialization. With a presence in 150 countries, a robust pipeline, and a seasoned leadership team, Recordati is positioned for sustained growth as it celebrates its centennial and looks to the next century of innovation.

Rare DiseasesCardiologyUrologyEndocrinology

Technology Platform

Fully integrated pharmaceutical value chain encompassing in-house R&D, chemical and finished product manufacturing at nine global sites, and a worldwide commercialization network in approximately 150 countries.

Pipeline

35
35 drugs in pipeline5 in Phase 3
DrugIndicationStageWatch
Intervention/TreatmentEndogenous Cushing SyndromeApproved
Osilodrostat (Isturisa)Mild Autonomous Cortisol Secretion (MACS)Approved
Pasireotide + Cabergoline + Pasireotide LARCushing's DiseaseApproved
PlenvuColorectal CancerApproved
SilodosinBenign Prostatic HyperplasiaApproved

FDA Approved Drugs

10
ENJAYMOBLAFeb 4, 2022
CYSTADROPSNDAAug 19, 2020
ISTURISANDAMar 6, 2020

Opportunities

Significant growth potential lies in expanding the geographic reach of its high-margin rare disease portfolio into emerging markets and through strategic business development to acquire new rare disease and specialty therapeutics.
The company's centenary brand and integrated platform provide a strong foundation for partnerships.

Risk Factors

Key risks include reliance on business development to fuel the pipeline, facing increasing pricing pressure in global markets, and intensifying competition in the rare disease sector from larger pharmaceutical companies.

Competitive Landscape

Recordati competes in a segmented market: against large pharma and biotechs in rare diseases, and against both large pharma and generics in specialty/primary care. Its integrated model and focused commercial expertise in niche endocrine diseases provide a defensible competitive position.

Company Timeline

1926Founded

Founded in Milan, Italy

2020FDA Approval

FDA Approval: CYSTADROPS

2020FDA Approval

FDA Approval: ISTURISA

2022FDA Approval

FDA Approval: ENJAYMO