ROVI announces the closing of the Asset Purchase Agreement entered into in September 2025 for the acquisition of a pharmaceutical manufacturing facility in Phoenix, Arizona (USA)


In compliance with the disclosure obligations set forth in Article 227 of Law 6/2023, of 17 March, on Securities Markets and Investment Services, and as a follow-up to the disclosure of inside information sent to the National Securities Market Commission (Comisión Nacional del Mercado de Valores) and disclosed to the market on 29 September 2025 (with official registration number 2907), Laboratorios Farmaceúticos ROVI, S.A. (hereinafter "ROVI" or the "Company") hereby announces that the Asset Purchase Agreement signed between its subsidiary ROIS Phoenix Inc. (hereinafter “ROIS Phoenix” or the “Buyer”) and Bristol Myers Squibb (“BMS”) for the acquisition of a pharmaceutical manufacturing plant located in Phoenix, Arizona (United States of America) (the “Plant”) together with a series of related assets and liabilities has been executed (the “Operation”).

The consummation of the aforementioned Asset Purchase Agreement has taken place upon the satisfaction of the customary closing conditions for transactions of this nature and in the absence of any material adverse change since its execution.

As previously announced, in connection with the Operation, the Buyer has entered into a toll manufacturing agreement with BMS (the "Toll Manufacturing Agreement"), which governs the terms and conditions under which ROIS Phoenix will continue to manufacture for BMS at the Plant with the personnel required to ensure its operability under said terms and conditions that were previously disclosed.

The Operation represents a strategic acquisition for ROVI and a key milestone towards achieving its vision of becoming one of the leading global manufacturers of high-value-added injectables (pre-filled syringes, cartridges and vials).

No votes yet
 
Related
​Operating revenue in the first quarter of 2025 was 154.9 million euros, a 2% increase on the first quarter of 2024, mainly due to the...
2 min
08/05/2025
ROVI forecasts that its 2024 operating revenue will be multiplied by between 1.5 and 1.8 in six years, driven primarily by an increase...
1 min
25/03/2025
​​Operating revenue in 2024 was 763.7 million euros, a 7.9% decrease on 2023, mainly due to the performance of the contract...
3 min
25/02/2025