Vistin Pharma

Vistin Pharma

VISTN.OLPre-clinical
Oslo, NorwayFounded 2015vistin.com

Vistin Pharma is a publicly traded, pure-play manufacturer of Metformin API, leveraging over 50 years of production heritage from its Norwegian facilities. The company has established itself as a reliable, high-quality supplier to a diverse global client base, including big pharma and generics manufacturers, with its products sold in over 100 countries. Its strategic focus is on doubling its production capacity to over 7,000 MT/year to capture a larger share of the growing metformin market while emphasizing sustainable operations and maintaining its reputation for a nitrosamine-free product. Vistin's vision is to balance business growth with a commitment to having no negative impact on the environment, people, and local communities.

Market Cap
$100.2M
Founded
2015
Focus
Generic Drugs

VISTN.OL · Stock Price

USD 21.60+4.66 (+27.51%)

Historical price data

AI Company Overview

Vistin Pharma is a publicly traded, pure-play manufacturer of Metformin API, leveraging over 50 years of production heritage from its Norwegian facilities. The company has established itself as a reliable, high-quality supplier to a diverse global client base, including big pharma and generics manufacturers, with its products sold in over 100 countries. Its strategic focus is on doubling its production capacity to over 7,000 MT/year to capture a larger share of the growing metformin market while emphasizing sustainable operations and maintaining its reputation for a nitrosamine-free product. Vistin's vision is to balance business growth with a commitment to having no negative impact on the environment, people, and local communities.

Technology Platform

Specialized, cGMP manufacturing of Metformin Hydrochloride API and Direct Compressible (DC) granules, with a focus on high-purity synthesis and nitrosamine-free production processes.

Funding History

1
IPOUndisclosedUndisclosedJun 5, 2015

Opportunities

The primary growth opportunity is the capacity expansion to over 7,000 MT/year, aiming to increase global market share to ~15%.
Additionally, the trend towards supply chain diversification and demand for nitrosamine-free, high-quality API from regulated markets presents a sustained strategic advantage for Vistin as a European producer.

Risk Factors

Key risks include heavy reliance on a single product (Metformin), exposure to intense price competition from Asian API manufacturers, and execution risk associated with the major capacity expansion project.
Regulatory compliance and maintaining its quality reputation are also perpetual challenges.

Competitive Landscape

Vistin competes primarily with large-scale, low-cost Metformin API manufacturers in China and India. Its differentiation is based on being a European supplier with high regulatory standards (FDA-inspected), a nitrosamine-free product, supply chain reliability, and a strong ESG profile, allowing it to compete on quality and security rather than price alone.

Company Info

TypeServices
Founded2015
LocationOslo, Norway
StagePre-clinical
RevenueRevenue Generating

Trading

TickerVISTN.OL
ExchangeOSE

Contact

Therapeutic Areas

Metabolic DiseaseType 2 Diabetes

Partners

TPI Enterprises (acquired opioids/CMO business in 2017)
SIMILAR COMPANIES
Algipharma
Algipharma
Phase 1 · Bergen
Bio-Me
Bio-Me
Pre-clinical · Oslo
CardiNor
CardiNor
Pre-clinical · Oslo
Gentian USA
Gentian USA
Pre-clinical · Moss
Hemispherian
Hemispherian
Phase 1 · Oslo
Is this your company?

Claim your profile to update information, add pipeline data, and connect with investors.

Claim profile