Bracco (company)

Bracco S.p.A.
Company typePrivate (family-owned)
IndustryChemical, pharmaceutical
Founded1927
FounderElio Bracco
Headquarters
Area served
Worldwide
Key people
Diana Bracco (President and CEO)
Productscontrast agents, injectors, medical devices, pharma
RevenueIncrease 1,300,000,000[1]
Number of employees
3400 (2015)
Websitewww.bracco.com

The Bracco Group is an Italian multinational active in the healthcare sector with more than 3,300 employees worldwide,[2] which operates in a variety of business areas.[2]

Bracco has consolidated revenues of more than 1.1 billion euro, of which 75% from international sales.[3] The Group is present in 100 countries and invests approximately 10% of its core diagnostic imaging revenues in research and innovation. In Italy Bracco is also a brand associated with a number of historic pharmaceutical products such as Cebion, Xamamina, Euclorina, the Alfa eye-drops line and the Friliver range of sport supplements.

The Group Chairman and Chief Executive Officer is Diana Bracco. A chemistry graduate from the University of Pavia, Diana Bracco is also Chairman of Expo 2015 Spa, General Section Commissioner for the Italy Pavilion at Expo and Confindustria Vice President for Research & Innovation. Decorated as a Cavaliere del Lavoro, she was President of Assolombarda and, before that, Chairman of Federchimica. In February 2001 she received an Honorary Doctor of Pharmacy degree from University of Pavia. On January 12, 2015, Diana Bracco was "prosecuted on charges of tax evasion and embezzlement, crimes allegedly committed as chairman of the board of the pharmaceutical group Bracco Spa."[4][5][6][7] In October 2016, she was given a two year suspended sentence for tax fraud and embezzlement.[8]

As of 2020, the group has a consolidated turnover of approximately 1.4 billion euros, of which 89% on foreign markets. It is present in 100 countries with 3,587 employees.[9] The Bracco group has 1,800 patents, 7 research and development centers and 9 factories worldwide.[10]

  1. ^ Bracco SpA, ed. (2012). "Financial Highlights" (in English and Italian). Archived from the original on 19 November 2012. Retrieved 14 February 2015.
  2. ^ a b Bracco SpA, ed. (2012). "Financial Highlights" (in English and Italian). Archived from the original on 19 November 2012. Retrieved 14 February 2013.
  3. ^ Bracco SpA, ed. (2013). "Fatturato per Aree geografiche" (in English and Italian). Archived from the original on 13 February 2011. Retrieved 14 February 2013.
  4. ^ "Evasione, "case e yacht ristrutturati con i soldi della società": Diana Bracco rinviata a giudizio a Milano - Repubblica.it" (in Italian). Repubblica.it. Retrieved 2016-01-12.
  5. ^ F. Q. "Diana Bracco, a processo per evasione fiscale il vicepresidente di Confindustria - Il Fatto Quotidiano" (in Italian). Il Fatto Quotidiano. Retrieved 2016-01-12.
  6. ^ Umberto Bacchi (May 29, 2015). "Expo Milano 2015 president Diana Bracco faces embezzlement and tax evasion probe". IBTimes Co., Ltd. Retrieved 2015-06-19.
  7. ^ President of Milan Expo investigated for tax evasion, embezzlement May 29, 2015
  8. ^ Ex-Confindustria VP gets two years for tax fraud, 19 October 2010 Agenzia Nazionale Stampa Associata, retrieved 15 April 2018
  9. ^ "Il Gruppo". Bracco Corporate (in Italian). Retrieved 25 May 2017.
  10. ^ "Bracco - Ultime notizie su Bracco - Argomenti del Sole 24 Ore". Argomenti Argomenti del Sole 24 Ore. Retrieved 25 May 2017.