BillionaireNet
Fischer
Clemens Fischer
Rank #3088
GERMANYHealthcarePharmaceuticals

Clemens Fischer

Net Worth
$1.027B
0% (24h)
Clemens Fischer (born May 28, 1975) is a German entrepreneur and investor. He is the founder of Futrue, a healthcare group with over 20 subsidiaries focused on areas like pharmaceuticals, pain therapies, and medical cannabis. Fischer holds a doctorate in medicine, a master's degree in business economics, and an MBA from Harvard Business School. His career includes leadership roles at Novartis and the founding of several successful ventures, including PharmaSGP. As of 2024, Fischer's net worth is estimated at $1.0 billion. He is currently focused on Vertanical, a company developing a cannabis-based painkiller, aiming to revolutionize chronic pain treatment.

The Full Dossier

Early Life

Clemens Fischer was born on May 28, 1975, in Weilheim, Germany. As a child, he spent time with injured people and dead people because his mother was an operating room nurse.

Rise to Success

Fischer began his career in the pharmaceutical industry. After working at Novartis, he founded Futrue, an international healthcare group. Futrue has over 20 companies specializing in areas such as bacteria, pain therapies, and medical cannabis. He also founded Synformulas, which sells the over-the-counter probiotic Kijimea, and PharmaSGP. In 2007, he was awarded the "CEO of the Future" award by McKinsey and Manager Magazin. Fischer is known for developing the cannabinoid-based pain medication, VER-01, through Vertanical.

Key Business Strategies

Fischer focuses on building and selling companies after successfully positioning them in the market. He is known for aggressive marketing and is also focused on scientific-based therapies, with VER-01 in the final stages of clinical trials. He is also the Chairman-Supervisory Board of PharmaSGP Holding SE.

Philanthropy

While specific figures are unavailable, Fischer has been known to donate to various political parties, including the CDU, SPD, and CSU in Germany, with hundreds of thousands of euros.

Career Timeline

2024

VER-01 Clinical Trials

VER-01, a cannabinoid-based painkiller, completed phase III clinical trials and is awaiting marketing approval.

2020

PharmaSGP IPO

PharmaSGP went public on the stock exchange.

2017

Founder of Vertanical

Founded Vertanical, a pharmaceutical company focused on cannabis-based treatments.

2011

Development of Kijimea Reizdarm

Developed the first probiotic medical product for the treatment of irritable bowel syndrome.

2009

Founder of PharmaSGP

Founded PharmaSGP GmbH, which is still in operation today.

2008

Founder of Futrue

Founded Futrue, an international pharmaceutical group.

2007

Awarded "CEO of the Future"

Won the "CEO of the Future" award from McKinsey and Manager Magazin.

2001

Senior Product Manager at Novartis

Began working for the pharmaceutical giant Novartis.

Philanthropic Impact

PoliticalSeveral hundred thousand USD (estimated)

Political Donations

Donations to political parties in Germany, including CDU, SPD, and CSU.

Wealth Trajectory