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Boiron - statistics & facts

Boiron is a French company specializing in the manufacture of homeopathic products. The company was founded through a merger in 1967 and has been a world leader on the homeopathic product market ever since. The Boiron Laboratories have their headquarters in Messimy in the Rhône department, less than 20 kilometers from Lyon. The company is part of the CAC Small, a stock market index operated by Euronext used on the Paris stock exchange. Since October 30, 2018, the Boiron family, notably through Sodeva and SHB, two financial holding companies, has owned nearly 70 percent of the enterprise's capital. In 2019, Boiron market capitalization reached 639 million euros.
With approximately 2,200 employees in 2018, the group's workforce has been declining since 2012, when Boiron laboratories still had nearly 2,600 employees. More than 30 percent work in product promotion, while only 0.3 percent are involved in research.

France, the leading market for the Boiron group

That same year, the group's worldwide turnover amounted to 557 million euros, of which 244 million euros were generated outside of France. Apart from France, Italy is the largest European market, with sales of over 34 million euros, followed by Russia, which generated nearly 28 million euros in sales. On the other side of the Atlantic, sales value amounted to nearly 90 million euros, of which 77 million euros were generated in the United States.

Boiron, specialist in homeopathy

The foundations of homeopathy are based on the idea that a substance that provokes a symptom can be used to treat the same symptom of the disease. The second central principle of homeopathy is the "law of infinitesimal", which implies a process of serial dilutions and agitation. This medicinal practice is widely accepted among the French population. Nearly two thirds of French people believe in the therapeutic benefits of homeopathy. For the Boiron group, homeopathic treatments (including Oscillococcinum, the group's flagship product) represent the main revenue segment. Non-proprietary homeopathic remedies, on the other hand, accounted for 262 million euros.

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