Millipore in Brief
About Millipore
At Millipore, we are committed to helping our customers solve the world’s challenging human health issues. We are a leader in the Life Science industry, providing multi-disciplinary scientific expertise and a broad portfolio of leading edge technologies, tools and services for bioscience research and biopharmaceutical manufacturing. From our CEO to our customer service representatives, our employees are passionate about their work. We work side by side with our customers to develop personalized solutions to complex problems, assuring scientific success now and in the future. Millipore Corporation is included in the S&P 500 index and operates with more than 6,000 employees in 47 countries worldwide.
| ADVANCING LIFE SCIENCE TOGETHER™ | ||
| Research. | Development. | Production. |
| Corporate Headquarters Millipore Corporation 290 Concord Road Billerica, MA 01821 Tel: 978-715-4321 www.millipore.com | Year Incorporated: 1954 Stock Exchange & Symbol: NYSE: MIL 2007 Revenues: $1.53 billion Workforce: 6,100 worldwide |
2007 Financial Highlights
| • | In 2007, revenues grew 22 percent to $1.53 billion. Excluding currency and acquisitions, revenues grew 6%. Non-GAAP earnings per share growth was 16%. Since 2005, Millipore has increased its non-GAAP operating margins from 16.8% to 20.3%. |
| • | Generated record sales and strong growth in Asia of 31 percent revenue, reflecting significantly improved results in the Japanese market, the largest component of our Asian operations. |
| • | Continued to strengthen the competitive positions of both divisions with an exceptional year of new product launches and alliances. The Company formed new alliances with Novozymes and Rohm & Haas and advanced existing alliances with Novo Nordisk, Siemens, Luminex, and Gen-Probe. |
| • | Completed the integration of the Serologicals acquisition, which enabled Millipore to enter several attractive markets, such as cell culture supplements, drug discovery services, and stem cell research. |
Product Portfolio
Millipore is a trusted partner to scientists and engineers pioneering new cures to mankind's most challenging health issues. For more than 50 years, we have supplied a continuum of cutting edge tools, technologies and application solutions. In the laboratory research market, our solutions include Lab water, Drug Discovery and Development, and Life Science. In biopharmaceutical manufacturing markets, we sell Upstream, Downstream and Process Monitoring products and services.Global operations
With approximately 65% of our business outside the United States, Millipore is a multi-national company with global operations.Sustainability
Our commitment to environmental stewardship.
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