Rovi Expands Manufacturing Capabilities with $250M BMS Deal and Phoenix Facility Acquisition
Laboratorios Farmacéuticos Rovi, the Spanish contract development and manufacturing organization (CDMO), has significantly bolstered its production capacity through a landmark deal with Bristol Myers Squibb (BMS). The agreement, valued at $250 million, includes the acquisition of a state-of-the-art manufacturing facility in Phoenix, Arizona, and a five-year manufacturing pact with the pharmaceutical giant.