Generics Manufacturer Zentiva Starts Operations as Independent Company

Prague (ots/PRNewswire) -

Today marks generics manufacturer Zentiva's first day as an
independent organization, following completion of the company's
previously announced divestment from Sanofi.

Zentiva is headquartered in Prague, and the company - now backed
by Advent International, one of the world's largest and most
experienced global private equity investors - is entering a new era
of independence and transformation.

Patrick Aghanian, Head of Zentiva, believes that the divestment
brings new opportunities for the company and its customers, resulting
in a faster, more flexible and more agile business.

"Zentiva's roots reach back 530 years to the Black Eagle pharmacy,
a small business on the castle side of Prague. We are very proud of
our roots and heritage and we look forward to expanding and building
our footprint in Generics and OTC medicines across Europe. This
heritage not only strengthens our resolve to remain customer-focused,
it also drives our future priorities as we strive to improve
healthcare with a more personalized approach. It is our aspiration
that healthcare should be a right and not a privilege, and that
healthcare solutions should be accessible to as many people as
possible."

"We want to build a reputation that is recognised by our partners
as being synonymous with value," he continues. "Standing side-by-side
with healthcare professionals, pharmacists and Health System
decision-makers, we have the same sense of social obligation to help
lower costs and improve access to healthcare. We strive to support
people's daily healthcare needs."

Patrick adds that this latest chapter in the company's history is
also positive news for employees: "The intended growth of our
organization brings new opportunities for our people to fulfil their
potential. It also positions us well to attract the best talent and
retain our team to secure our success for future generations. This is
an exciting time for Zentiva and we are confident that with the
support of Advent we can realize our ambition."

About Zentiva

At Zentiva we aspire that healthcare should be a right and not a
privilege. More than ever, people need better access to healthcare.
Today, the everyday solutions that we all depend on truly count as a
vital foundation of healthy living. Zentiva works for the people
living in Europe. Standing side-by-side with healthcare
professionals, pharmacists and Health System decision-makers, we have
the same sense of social obligation to help lower costs and improve
access to healthcare. With more than 2,500 people across Europe and 2
production sites in Prague and Bucharest we strive to be the
champions of Generics and OTC medicines to better support people's
daily healthcare needs.

Media contact:

Ines WINDISCH, Head of Corporate Affairs

Zentiva Group, a.s.,

Cell: +420-601-341-444

U Kabelovny 130 - 102 37 PRAGUE - Czech Republic

www.zentiva.com

ots Originaltext: Zentiva
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Original-Content von: Zentiva, übermittelt durch news aktuell