
Jardiance is owned by Boehringer Ingelheim, the private German pharmaceutical company, and co-marketed with Eli Lilly under a diabetes alliance formed in 2011. The empagliflozin tablet won US FDA approval in 2014 for type 2 diabetes and added heart failure and chronic kidney disease indications, generating approximately $8.9 billion in combined global revenue in fiscal 2025 and ranking as the best-selling SGLT2 inhibitor.
Parent Company
Founded
2014
Status
Private
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Jardiance | Boehringer Ingelheim | Joint venture |
Boehringer Ingelheim developed empagliflozin as an SGLT2 inhibitor during the 2000s and brought it into the Lilly diabetes alliance. The FDA approved Jardiance for type 2 diabetes in August 2014, the third SGLT2 inhibitor to reach the US market after Invokana and Farxiga.
The 2015 EMPA-REG OUTCOME trial produced a landmark result: empagliflozin reduced cardiovascular death by 38 percent, the first diabetes drug to show mortality benefit. The FDA added a cardiovascular indication in 2016, transforming Jardiance from a glucose-lowering agent into a cardio-protective drug.
Heart failure approval followed in 2021 and 2022 covering both reduced and preserved ejection fraction, and chronic kidney disease indication arrived in 2023. Each expansion widened the patient base far beyond diabetes, driving sales from under $2 billion to approximately $8.9 billion in fiscal 2025.
Jardiance now leads the SGLT2 class globally, outselling Farxiga and Invokana, and its multi-indication footprint established the template for modern diabetes drug development.
Is Boehringer Ingelheim family-owned?
Yes. Boehringer Ingelheim has been continuously family-owned since 1885, held by the Boehringer, von Baumbach, and Engelhorn families. It has never listed shares publicly and states it intends to remain independent.
Is Boehringer Ingelheim publicly traded?
No. Boehringer Ingelheim is a private company with no stock listing. It is one of the world's largest privately held pharmaceutical companies and cannot be invested in through public markets.
When was Boehringer Ingelheim founded?
Boehringer Ingelheim was founded in 1885 in Ingelheim am Rhein, Germany, initially producing tartaric acid. It expanded into pharmaceuticals in the late 19th century and has operated for more than 140 years.
Who founded Boehringer Ingelheim?
Albert Boehringer founded the company in 1885. His descendants across the Boehringer, von Baumbach, and Engelhorn families still own it, now in the fifth and sixth generations.
What is Boehringer Ingelheim's market position?
Boehringer Ingelheim is a top-20 global pharmaceutical company with 2025 net sales of EUR 27.75 billion. Its largest product is Jardiance at EUR 8.8 billion, and it is also a top-tier animal health company led by the NexGard franchise.
Who leads Boehringer Ingelheim?
Shashank Deshpande has been chairman of the Board of Managing Directors since mid-2025, succeeding Hubertus von Baumbach, a fifth-generation family member who moved to the shareholders' committee. Deshpande previously led the Human Pharma division.
Jardiance has faced no major recalls. Label warnings cover genital infections, ketoacidosis, and dehydration common to the SGLT2 class. The FDA mandated ketoacidosis labeling updates after post-market reports across the class.
The brand has faced pricing scrutiny in the US, where it was selected for Medicare price negotiation under the Inflation Reduction Act, with negotiated pricing taking effect from 2026.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Astrazeneca | United Kingdom (parent AstraZeneca) | 2014 | Market leader | Global | All Genders | |
| Astrazeneca | United Kingdom | 1999 | Market leader | Global | All Genders | |
| Astrazeneca | United Kingdom (parent AstraZeneca) | 2012 | Niche | Global | All Genders | |
| Eli Lilly | USA | 1876 | Market leader | Global | All Genders | |
| Sanofi | France | 1973 | Market leader | Global | All Genders | |
| Boehringer Ingelheim | Germany | 1885 | Market leader | Global | All Genders |
Healthcare PharmaceuticalsOwned by AstraZeneca PLC
Dapagliflozin SGLT2 inhibitor approved for type 2 diabetes, heart failure, and chronic kidney disease, owned by AstraZeneca since its 2014 US launch.
Healthcare PharmaceuticalsOwned by AstraZeneca PLC
British-Swedish pharmaceutical brand behind Tagrisso and Farxiga, owned by publicly traded AstraZeneca PLC formed by merger in 1999.
Healthcare PharmaceuticalsOwned by AstraZeneca PLC
Exenatide extended-release weekly injectable for type 2 diabetes, owned by AstraZeneca since the 2012 Amylin Pharmaceuticals acquisition.
Healthcare PharmaceuticalsOwned by Eli Lilly and Company
American pharmaceutical brand behind Mounjaro and Zepbound, owned by publicly traded Eli Lilly and Company founded in Indianapolis in 1876.
Healthcare PharmaceuticalsOwned by Sanofi
French pharmaceutical brand behind Lantus and Dupixent, owned by publicly traded Sanofi SA founded in Paris in 1973.
Healthcare PharmaceuticalsOwned by Boehringer Ingelheim
German family-owned pharmaceutical brand behind Jardiance and Spiriva, founded in 1885 and still controlled by the Boehringer family.
Market Positioning: Jardiance competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Boehringer Ingelheim, giving you alternative choices that support different corporate structures.
Healthcare PharmaceuticalsOwned by AstraZeneca PLC
Dapagliflozin SGLT2 inhibitor approved for type 2 diabetes, heart failure, and chronic kidney disease, owned by AstraZeneca since its 2014 US launch.
Farxiga is owned by AstraZeneca PLC, a public company, a different structure than Jardiance's parent.
Healthcare PharmaceuticalsOwned by AstraZeneca PLC
British-Swedish pharmaceutical brand behind Tagrisso and Farxiga, owned by publicly traded AstraZeneca PLC formed by merger in 1999.
AstraZeneca operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Eli Lilly and Company
American pharmaceutical brand behind Mounjaro and Zepbound, owned by publicly traded Eli Lilly and Company founded in Indianapolis in 1876.
Eli Lilly operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Sanofi
French pharmaceutical brand behind Lantus and Dupixent, owned by publicly traded Sanofi SA founded in Paris in 1973.
Sanofi operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Novo Nordisk
Danish pharmaceutical company specializing in diabetes care and obesity treatment. Founded in 1923, headquartered in Bagsvaerd, Denmark. World leader in diabetes care and a leader in obesity treatment with Ozempic, Wegovy, and the investigational CagriSema. CEO Lars Fruergaard Jorgensen departed in March 2025; interim leadership under board chairman Helge Lund until a permanent CEO is appointed.
Novo Nordisk operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Amgen Inc.
Master biotechnology brand of Amgen Inc., the world's largest independent biotech, covering its full portfolio of biologic medicines.
Amgen operates independently without a large parent corporation.
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