Alvogen Scaling Entrepreneurship
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I was 21 when I started Alvogen, a biotech company. My dad was in his late 50s when he died suddenly, and in those three days, I was responsible for everything: finance, human resources, marketing, manufacturing, production, quality, and supply chain. I started by doing whatever needed to be done to create a prototype, then a proof-of-concept, and eventually a working product. It was grueling, and there were many moments when I felt like giving up. address But I was driven by
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In June 2015, when I was on my first year as a college student, I was involved in a project for a team task to create a digital advertising campaign for Alvogen, an American pharmaceutical company. As we were designing the concept and strategies for the campaign, I knew that our team would need to have at least 5 of our friends to help us out. I decided to contact some friends, who lived in the local area and agreed to join our project. We organized a small team, and our initial idea of designing
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Alvogen is a biopharmaceutical company based in Copenhagen, Denmark. Our vision is to develop innovative solutions for global health challenges, creating a better life for all people. The global drug pipeline of Alvogen includes drugs with a marketed market share that is in excess of 10%. We believe entrepreneurship is the key to our success as a company. We are currently scaling our business in a strategic way and are looking for a dedicated team player who wants to contribute to the development of Alvogen.
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My first case study, Alvogen Scaling Entrepreneurship, was published in the “Momentum Magazine” – A Journal of Knowledge, Innovation and Transformation for Leaders in Academia and Enterprise in January 2014. I had the privilege of writing on Alvogen, a global pharmaceutical company, a pioneer in the field of antibiotics that was founded in the year 1902. Alvogen’s mission is to develop and deliver innovative and high
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Alvogen Scaling Entrepreneurship: A case study of scaling an enterprise I remember when I decided to write this case study, I was a new graduate in business school. The company had been acquired by Abbott in 2011, and the CEO decided to scale the business as fast as possible. But it was a tricky task as it required a big investment in R&D, cost optimization, and distribution. I was working as a business development manager and was one of the early hires at the company. I was assigned
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Alvogen is a publicly traded global pharmaceutical company operating in more than 100 countries with a global workforce of approximately 21,000. In North America, we manufacture and market over 100 products that treat common ailments such as cold, flu, and sinus infections, oral care, eye care, skin care, and vaccines. With a unique focus on the consumer healthcare business, we are proud to have the largest manufacturing and marketing organization within the industry
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Alvogen’s entrepreneurship journey has taken the form of multiple successes, failures, and refinements. The company was founded in 1992 by 3 young scientists in a small office in Dusseldorf, Germany. Over the years, Alvogen has grown and diversified across three continents (Europe, Asia, and Africa) and operates as a leader in several pharmaceutical business segments. Its diverse portfolio of therapeutics includes many products with unique benefits, including anti-
