Laboratoires Thea SA - Company Profile
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Laboratoires Thea SA (Thea) is one of the leading eye-care companies in Europe. It develops and commercializes ophthalmic products in more than 70 countries. The company leverages its strong ophthalmology portfolio, emphasis on research, and strategic partnerships. However, over-dependence on distributors could be a cause for concern to the company. Global ophthalmic device market, growing incidences of allergic conjunctivitis, and strategic agreements could provide new growth avenues to the company. However, intense competition, strict regulatory standards, and growing parallel trade could affect its growth prospects in the long run.
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