ConvaTec Group Plc - Company Profile
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Business Description
ConvaTec Group Plc (ConvaTec) develops, manufactures and markets medical technologies and products for advanced acute and chronic wound care, ostomy management, continence care and critical care, and infusion sets for diabetes treatment.
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R&D Overview
ConvaTec has undertaken several R&D initiatives to strengthen its capabilities and bring new products to market. The company's approach to innovation includes increased investment, with R&D spending more than doubling since 2019, enabling a new operating model that integrates R&D teams across functions. The company focuses on designing solutions that address social, emotional, and functional needs, ensuring high-quality standards. ConvaTec uses a single business and product development process called IDEAL, involving commercial, technical, and operations teams. The company has attracted global talent for R&D, medical, regulatory, intellectual property, digital health, and portfolio management. ConvaTec announced plans to relocate and expand the majority of its UK-based R&D activities to Manchester from 2027, alongside a significant expansion of its facilities in the US. The R&D units of ConvaTec include five technology centers located in the US, the UK, Denmark, and Slovakia. These units are responsible for managing the company's R&D activities, focusing on innovation, product development, and leveraging shared capabilities across functions. In FY2025, the company incurred an expense of US$111 million on its R&D, which stood at 4.7% of its total revenue.
Product Categories
Overview
Offers advanced wound dressings, devices and skin care products for the treatment of chronic and acute wounds from conditions such as diabetes, immobility and venous diseases, traumatic injury, burns and invasive surgery. Major products include AQUACEL line of advanced dressings, Avelle negative pressure wound therapy system and skin protectant incontinence wipes. It strives to accelerate its growth in the foam market by increasing its portfolio in the protection and prevention of foam segments. It also intends to expand AQUACEL surgical product portfolio into new surgical areas.
Performance
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Overview
Offers products for people with urinary continence issues related to spinal cord injuries, spina bifida, multiple sclerosis and other causes. The franchise also offers devices and products used in intensive care units and hospital settings. Major products include Flexi-Seal fecal management systems, intermittent urinary catheters, hourly diuresis management systems and intra-abdominal pressure measurement devices. Major brands include GentleCath, Flexi-Seal, UnoMeter and AbViser Continue to develop and expand GentleCath intermittent catheter portfolio; and expand me+ platform for intermittent catheter users.
Performance
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Overview
Provides disposable infusion sets to the manufacturers of insulin pumps for diabetes and continuous infusion treatments for other conditions including Parkinson’s disease, immunodeficiencies, thalassemia and palliative pain management. Major products include neria guard infusion set. Continues to develop new products for insulin and other drug delivery; and maintain long-term partnerships with insulin pump manufacturers.
Performance
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Overview
Offers devices, accessories and services for people suffering from stoma due to colorectal cancer, inflammatory bowel disease, obesity, bladder cancer and other causes. Major brands include Esteem, Esteem+, Natura, Natura+, Stomahesive, Durahesive and me+. Seeks to strengthen relationship with ostomy nurses in hospitals to enhance familiarity with its products; and expand me+ direct consumer progam and product portfolio by investing in consumer led design and enhancements.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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