Chief Executive Ugo Di Francesco said the company was worried about the impact of surging fuel prices on its logistics costs [GETTY]
Italian biopharmaceutical company Kedrion said on Friday it may struggle to ensure the timely delivery of vital plasma-based medicines to patients in Iran if the United States and Israel’s war creates supply chain disruptions.
Chief Executive Ugo Di Francesco said the company, whose results were released this week and confirmed robust growth over the last few years, was worried about the impact of surging fuel prices on its logistics costs.
“If the situation were to persist over time, challenges could arise…in terms of logistics, namely our ability to physically deliver products to patients,” he told Reuters in an interview.
“So far we have not experienced significant effects on our capacity to ensure the availability of therapies,” he added.
Kedrion produces life-saving treatments for rare and ultra-rare diseases. Its plasma collection network comprises about 76 centres, with 68 in the US and the rest in the Czech Republic.
The company is controlled by the private equity group Permira, which holds a 63.2 percent stake. Italy’s Marcucci family owns 16.3 percent, while Italian investment firms FSI and CDP Equity are minority shareholders.
Kedrion merged with Britain’s Bio Products Laboratory in 2022 to create a global plasma-derivatives group and employs about 5,400 people.
It posted revenue of 1.65 billion euros ($1.78 billion) in 2025, up 4.5 percent from 2024, and adjusted core earnings (EBITDA) of 341.4 million euros, a 22.6 percent increase.
The US accounted for 61 percent of its revenue last year, a share Di Francesco said was expected to rise to 65 percent in 2026.
