
Streptase (streptokinase) is owned by CSL Behring, the biotherapeutics division of CSL Limited, an Australian multinational biotechnology company publicly traded on the ASX under the ticker CSL. Streptokinase was the first thrombolytic agent approved by the FDA, receiving approval in 1977 for acute myocardial infarction. Originally developed from beta-hemolytic streptococci by Behring-Werke and Kabi Pharmacia, the Streptase brand was later marketed by CSL Behring. The product has been largely discontinued in developed markets, replaced by recombinant tissue plasminogen activators.
Parent Company
CSL Behring (CSL Limited)
Founded
1977
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Streptase | CSL Behring (CSL Limited) | Wholly owned |
Streptokinase has the longest history of any thrombolytic agent. The story begins in 1933, when William Smith Tillett, a microbiologist at New York University, discovered that beta-hemolytic streptococci produce a substance that activates the human fibrinolytic system. Tillett and his student Sol Sherry pursued this observation over the following decades, laying the groundwork for streptokinase as a therapeutic agent.
Initial clinical applications in the 1950s and 1960s focused on combating fibrinous pleural exudates, hemothorax, and tuberculous meningitis. In 1958, Sherry and colleagues began using streptokinase in patients with acute myocardial infarction, shifting the therapeutic focus from palliation to active clot dissolution. Early trials using intravenous streptokinase infusion produced conflicting results, and the drug's immunogenicity, derived from bacterial protein, complicated repeated use.
The commercial production of streptokinase was carried out by two European companies. Behring-Werke, based in Marburg, Germany (part of Farbwerke Hoechst), manufactured streptokinase under the brand name Streptase. Kabi Pharmacia, based in Stockholm, Sweden, manufactured the drug under the brand name Kabikinase. Both companies supplied streptokinase for the major clinical trials of the 1970s and 1980s.
The FDA approved streptokinase for acute myocardial infarction in 1977. In the United States, Streptase was marketed by Hoechst-Roussel Pharmaceuticals, based in Somerville, New Jersey, while Kabikinase was marketed by Kabi Group, based in Greenwich, Connecticut. A 1979 New England Journal of Medicine article described streptokinase and urokinase as the two thrombolytic agents recently approved by the FDA.
The European Cooperative Study Group for Streptokinase Treatment in Acute Myocardial Infarction published results in 1979 demonstrating that streptokinase reduced mortality at six months when administered to patients admitted to coronary care units within 12 hours of symptom onset. The study was supported by Behring-Werke and Kabi AB, which provided the drug as Streptase and Kabikinase respectively.
The landmark GISSI trial, published in 1986 by the Gruppo Italiano per la Sperimentazione della Streptochinasi nell'Infarto Miocardico, validated streptokinase as an effective treatment for acute MI and established a fixed protocol for its use. This large Italian multicenter trial demonstrated a significant mortality reduction with early streptokinase administration and established the drug as a standard treatment worldwide.
Streptokinase remained the dominant thrombolytic agent globally until the late 1980s, when recombinant tissue plasminogen activators began to emerge. The GUSTO trial, published in 1993, compared alteplase (Genentech's Activase) against streptokinase and found a modest survival advantage for alteplase, though at a substantially higher cost. This triggered a gradual shift away from streptokinase in developed markets.
The Streptase brand eventually came under the ownership of CSL Behring. In Canada, CSL Behring marketed Streptase until the product was cancelled from the market in 2012. DrugBank classifies streptokinase in the "Withdrawn" category, reflecting its discontinuation in many developed markets. The product's marketing authorization was cancelled in Canada in 2012, and similar withdrawals occurred in other developed markets.
Despite its displacement in developed countries, streptokinase remains on the World Health Organization's List of Essential Medicines and continues to be used in developing nations where its low cost compared to recombinant alternatives makes it an accessible option for acute MI treatment. Generic streptokinase is manufactured by several companies in India and other countries.
What does CSL Behring own?
CSL Behring owns a portfolio of plasma-derived therapy brands including Privigen, Hizentra, Kcentra, Haegarda, Streptase, and albumin products. As part of CSL Limited, it is associated with CSL Seqirus (influenza vaccines including Afluria and Flucelvax) and CSL Vifor (Ferinject and Venofer for iron deficiency). CSL Plasma operates the world's largest plasma collection network with over 300 centers.
Is CSL Behring publicly traded?
CSL Behring is a division of CSL Limited, which trades on the Australian Securities Exchange under ticker CSL. CSL Limited is a component of the S&P/ASX 20 Index. The company completed its IPO in June 1994 at A$2.30 per share. CSL Behring itself is not separately listed but contributes the majority of CSL Limited's revenue.
Who founded CSL?
CSL was founded in 1916 by the Australian government as Commonwealth Serum Laboratories, a federal body focused on vaccine manufacture. William Penfold, recruited from the Lister Institute in London, served as the first director. The organization was privatized in 1994 by the Keating government and listed on the Australian Securities Exchange.
What is CSL Behring's main business?
CSL Behring develops, manufactures, and markets plasma-derived therapies for rare and serious diseases. Its primary products are immunoglobulins for immune deficiencies, albumin for shock and burns, and clotting factors for hemophilia. The division is the core earnings driver for CSL Limited, generating the majority of the group's revenue from chronic disease patients requiring lifelong treatment.
What were CSL's FY2025 financial results?
CSL Limited reported FY2025 (fiscal year ended June 2025) revenue of US$15.6 billion, up 5.1% from FY2024. Net income was US$3.0 billion, and underlying profit (NPATA) increased 14% to US$3.3 billion on a constant currency basis. The company declared dividends of US$1.62 per share, a 12% increase from FY2024.
What happened with the Vifor acquisition?
CSL acquired Vifor Pharma for $11.7 billion in 2022, adding iron deficiency and nephology treatments to its portfolio. The acquisition has underperformed expectations, with generic competition in iron products and the revocation of marketing authorization for Tavenos. FY2026 impairment charges related to Vifor and other assets totaled US$5.4 billion, contributing to a net loss of US$2.58 billion.
What is the Seqirus demerger plan?
In August 2026, CSL announced plans to demerge its CSL Seqirus influenza vaccine business into a separately listed entity. Management framed the separation as giving Seqirus autonomy to pursue opportunities in the vaccines market. However, the plan was subsequently put on hold after the company determined that proceeding would not maximize shareholder value.
Immunogenicity and allergic reactions: Streptokinase is a bacterial protein derived from beta-hemolytic streptococci, making it inherently immunogenic. Patients develop antibodies after exposure that can neutralize the drug's activity and prevent effective re-treatment for at least six months. Allergic reactions range from mild fever and rash to severe anaphylaxis. This immunogenicity is the primary reason streptokinase cannot be administered more than once to the same patient and is a major disadvantage compared to human-derived recombinant tPAs.
Hypotension during administration: Streptokinase administration is associated with hypotension, which can occur in a significant proportion of patients. This requires careful monitoring and sometimes supportive treatment during infusion, particularly in patients with acute myocardial infarction who may already be hemodynamically compromised.
Market withdrawal: Streptase was progressively withdrawn from developed markets as recombinant tPAs replaced it. CSL Behring cancelled the Canadian marketing authorization in 2012. The withdrawal was not due to safety recalls but rather reflected the clinical community's shift to newer agents and the declining commercial viability of the product in markets where recombinant alternatives were preferred.
Access disparity: The continued use of streptokinase in developing countries while developed markets have shifted to recombinant tPAs has been noted in medical literature as a global health equity issue. Streptokinase remains on the WHO Essential Medicines List, and its low cost makes it the only affordable thrombolytic in many low-income health systems. However, the immunogenicity and bleeding risks are the same regardless of market, raising questions about whether cost should drive thrombolytic selection in resource-limited settings.
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 |
|---|---|---|---|---|---|---|
| Microbix Biosystems | Canada | 1978 | Mass market | Usa | All Genders | |
| Roche | USA | 1987 | Mass market | Usa | All Genders | |
| Lundbeck | Denmark | 2001 | Mass market | Global | All Genders | |
| Ekr Therapeutics | USA | 1996 | Mass market | Usa | All Genders | |
| Roche | USA | 2000 | Mass market | Usa | All Genders |
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Market Positioning: Streptase competes with 5 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.
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Healthcare PharmaceuticalsOwned by EKR Therapeutics, Inc.
Retavase (reteplase) is a prescription thrombolytic medication indicated for acute ST-elevation myocardial infarction. Administered as two 10-unit intravenous bolus injections 30 minutes apart. Currently marketed by Chiesi USA.
Retavase is privately owned, unlike Streptase which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by Chempro Chemists
Australian online pharmacy operated by Chempro Chemists from Molendinar, Queensland. Offers prescription medications, health products, and wellness items through digital platforms and mail-order delivery.
Pharmacy Direct is privately owned, unlike Streptase which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by IBSA Institut Biochimique S.A.
IBSA Institut Biochimique SA's branded levothyroxine softgel capsule (Tirosint) and liquid solution (Tirosint-SOL), FDA approved for hypothyroidism, formulated without dyes, gluten, lactose, alcohol, or sugar, providing an excipient-free alternative to conventional levothyroxine tablets for patients with sensitivities or absorption issues.
Tirosint is privately owned, unlike Streptase which is under a publicly traded parent company.
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American multinational pharmaceutical corporation developing and manufacturing medicines, vaccines, and consumer healthcare products, one of the world's largest pharmaceutical companies.
Pfizer operates independently without a large parent corporation.
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Independent publicly traded global eye care company headquartered in Geneva, Switzerland, specializing in surgical equipment, contact lenses, and ophthalmic products. Spun off from Novartis in April 2019.
Alcon operates independently without a large parent corporation.
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Global eye health company and contact lens manufacturer founded in 1853, known for ULTRA, Biotrue One Day, and INFUSE lens lines. Public on NYSE and TSX under BLCO.
Bausch + Lomb operates independently without a large parent corporation.
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