Grünenthal delivers exceptional financial results in 2024

27 March 2025

German family-owned pain specialist Grünenthal today published its 2024 financial results, marking a year of impressive resilience, strategic growth and operational excellence.

Revenue remained robust at 1.8 billion euros ($1.9 billion), with impressive adjusted earnings before interest, tax, depreciation and amortization (EBITDA) showcasing Grünenthal’s resilience in the face of expected challenges following Palexia’s (tapentadol) loss of exclusivity.

The company noted that remarkable growth in Qutenza (capsaicin), disciplined cost management and strategic acquisitions helped counterbalance this effect. The strong performance enabled a +13% increase in operating cash flow, reaching 212 million euros in 2024.

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