ROVI increases its fill-finish capacity for the COVID-19 Vaccine Moderna

ROVI invests in two new production lines at ROVI's facilities in San Sebastián de los Reyes (Madrid). These lines will more than double the filling and finishing capacity of the Moderna vaccine vials at these facilities


Laboratorios Farmacéuticos Rovi, S.A. (BME: ROVI), a pan-European pharmaceutical company specializing and engaging in the research, development, contract manufacturing and marketing of small molecules and biological specialties, today announced that it will strengthen its collaboration in the fill- finish of the COVID-19 Vaccine Moderna by increasing its fill-finish capacity. To this end, further industrial investments will be made in the ROVI Group’s facility in Madrid (Spain).

These investments consist of the installation of two new production lines and equipment for compounding, filling, automatic visual inspection, labelling and packaging that will provide additional fill-finish capacity for the COVID-19 Vaccine Moderna, intended to supply markets outside the United States. These lines, located at ROVI’s facility in San Sebastián de los Reyes (Madrid), will come into operation in the fourth quarter of 2021 and be fully operational in the first half of 2022 and will more than double the number of vials for which there is fill-finish capacity at this facility.

Juan López-Belmonte Encina, ROVI’s Chief Executive Officer, said, We are delighted at our collaboration with Moderna, whose vaccine against COVID-19 is well positioned in the race to try to solve this health crisis. The expansion of our fill and finish capacity will allow us to increase our contribution to solving this pandemic that is affecting everyone. We are confident that our proven experience and capacities as a contract manufacturer of injectables with high technological value will enable us to provide”

No votes yet
 
Related
ROVI reports operating revenue growth of 8% and net profit growth of 83%
Today, Laboratorios Farmacéuticos Rovi, S.A. (BME: ROVI), a pan-European pharmaceutical company specialising and engaging in the...
9 min
27/07/2020
ROVI and Moderna Announce Collaboration for Outside the United States Fill-Finish Manufacturing of Moderna’s COVID-19 Vaccine Candidate
Moderna, Inc. (Nasdaq: MRNA), a clinical stage biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines to create a...
3 min
09/07/2020
ROVI reports operating revenue growth of 23% and EBITDA growth of 68%
Operating revenue increased by 23% to 101.0 million euros in the first quarter of 2020, mainly driven by the strength of the specialty...
7 min
13/05/2020