Early Life and Family
Otto Philipp Braun was born in Kassel, Germany, in 1977. He is part of the Braun family, who own B. Braun Melsungen, a global medical and pharmaceutical device company.
Rise to Success
Otto Philipp Braun's success is closely tied to B. Braun Melsungen. The company was established in 1839 as a pharmacy, expanding over the years into a leading healthcare supplier. Otto Philipp Braun's father, Ludwig Georg Braun, transformed the company, which now has annual revenues of around $8 billion. Otto Philipp Braun himself has held positions within the company, including Managing Director of B. Braun Brazil and was responsible for the company's Iberian Peninsula and Latin American regions before stepping down from the board in 2017.
Key Business Strategies
B. Braun Melsungen, under the Braun family's leadership, has focused on innovation and quality in medical devices and pharmaceuticals. The company manufactures over 5,000 healthcare products, with 95% of them produced in-house.
Philanthropy
B. Braun has a history of Corporate Social Responsibility (CSR) programs. B. Braun has multiple initiatives, the most important being the 'B. Braun For Children', an international program that helps children to develop their future.