Grifols US

Companies, Ibex 25th October 2022

The possible claim Grifols is facing (54-274 €M) does not affect its credit history

Santander | Grifols could be facing a possible claim of 54-274 million euros, according to the newspaper El Economista. On Friday, it emerged that the Spanish blood plasma manufacturer would be facing a class action on the part of 54.000 donors in the state of Illinois, in the United States. The plaintiffs are arguing that Grifols has not complied with the state’s Biometric Privacy Law, since they have demanded that donors…

Companies, Ibex, World economy 22nd October 2022

Grifols Facing A Class Action In The US Related To The Biometric Privacy Law

Renta 4 | Grifols would be facing a class action on the part of 54.000 donors in the state of Illinois, in the United States. The plaintiffs are arguing that Grifols has not complied with the state’s Biometric Privacy Law, since they have demanded that donors provide their fingerprints, not destroy this information and exceed the specific objective for which it was registered. According to the plaintiffs this violated their…

Spanish economy 1st July 2021

Singapore’s Sovereign Wealth Fund Takes 1/3 Stake In Grifols’ US Subsidiary For $1 Billion

Grifols will use all the funds from the sale of Biomat to repay debt, approximately 14% of the €6.2 billion of net financial debt at the end of March, for a leverage level of 5.1 x EBITDA. Although it is not known what percentage of Biomat has been sold, some market sources put it at between 30% and 35%.

Ibex, Markets, Spanish economy 1st March 2021

Grifols Acquires 25 Plasma Donation Centers In The US For $370 M

Grifols now operates 344 plasma centers worldwide: 289 in the U.S. and 55 in Europe across Germany, Austria and, recently Hungary. The 25 centers acquired from BPL are authorized by the U.S. Food and Drug Administration (FDA) and the UK’s Medicines and Healthcare Products Regulatory Agency (MHRA).

Ibex, Markets 26th March 2020

Grifols reaches agreement in the US to seek anti-Covid19 therapy

After announcing that the United States considered it “basic infrastructure” in the coronavirus health emergency, Grifols has signed a multilateral collaboration agreement in that country with the U.S. Advanced Biomedical Research and Development Authority (BARDA), the U.S. Food and Drug Administration (FDA) and other federal public health agencies. The objective will be to collect plasma from patients who have recovered from Covid-19, process it and produce hyperimmune immunoglobulins.

Ibex, Markets 24th March 2020

Trump Declares Grifols’ Centres To Be Essential Infrastructures

US President Donald Trump has reportedly declared Grifols’ donation centers and fractionation plants to be essential infrastructures. So their activity would be guaranteed in the face of a possible economic slowdown. The US is the country where Grifols has most of its fractionation plants and plasma donation centers (more than 92% of the 300 centers it operates).