ConvaTec Group Plc is a global medical products and technologies company headquartered in London, United Kingdom, specializing in therapies for managing chronic conditions. Established in 1978 as a di... ConvaTec Group Plc is a global medical products and technologies company headquartered in London, United Kingdom, specializing in therapies for managing chronic conditions. Established in 1978 as a division of E.R. Squibb & Sons and now a FTSE 100 constituent, it focuses on **advanced wound care**, **ostomy care**, **continence care**, and **infusion care**, providing innovative solutions like ostomy pouches, wound dressings, continence catheters, and diabetes infusion devices. These products emphasize infection prevention, skin protection, improved patient outcomes, and cost efficiency, serving patients in over 100 countries with approximately 10,000 employees. ConvaTec Group Plc generates reliable revenue streams from recurring needs in chronic disease management, with 2024 revenues reaching $2.29 billion, predominantly from international markets outside the UK. The company invests heavily in research and development—rising to 4.6% of sales by 2023—targeting 30% of sales from products less than five years old by 2025, while strategically divesting low-margin segments to prioritize high-growth areas like antimicrobial technologies and precision drug delivery. Through subsidiaries such as Unomedical and acquisitions like 180 Medical, it continues to expand its patient-centric portfolio worldwide.Show lessShow more

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