The Board of Directors of ROVI, at its meeting held today, has unanimously and acting on a report from the Appointments and Remunerations Committee, agreed to appoint the current Chief Executive Officer, Mr. Juan López-Belmonte Encina, as new Chairman of the Board of Directors of ROVI. The Board of Directors has expressed the profound gratitude and respect of the Company and all of its employees towards the former Chairman, Mr. Juan López-Belmonte López. The Appointments and Remunerations Committee has considered that according to the career of Mr. Juan López-Belmonte Encina it is clear that he has unquestionable knowledge to perform the functions as Chairman of the Board, as well as a deep and extensive expertise in the Company, the Rovi Group and the sector in which it develops its activity, making him the suitable candidate to occupy such position. Mr. Juan López-Belmonte Encina will continue to act also as a Chief Executive Officer (Consejero Delegado).
When you leave the house, why do you lock the door and guard that key very carefully? Do you do the same with your passwords?
As we all know, our passwords are the keys to our online life. It is very important to manage them safely so that they do not end up in the hands of cyber attackers. Click on the image to see the latest video in the password series!
Tips to manage your passwords securely:
Don’t write down your passwords on a visible site.
Use a password manager to help you remember them.
Don’t use the same password for multiple services.
Don’t share your passwords with anyone.
Change your passwords at least every 3 months.
Don’t forget to report any suspicious situations to the mailbox seguridadIT@rovi.es #ProtegeTUinformación
Unfortunately, the incidence rate of COVID-19 infections has increased alarmingly in Spain. For that reason, we remind you all of the importance of complying with prevention measures against COVID-19 infections.
1.- Which are the measures that I must continue to comply?
In ROVI:
· Maintain the minimum interpersonal distance of 2 meters with your colleagues whenever possible.
· Use mask at all times.
· Hands hygiene.
· Systematic and frequent ventilation of your workplace.
· Prohibition of face-to-face meetings except in case of impossibility of executing the tasks in another way. In case they are essential to respect capacity and use of masks
· Respect the rules on mobility between workplaces and canteens that we have established.
· Keep isolation and quarantine when prescribed, either because you are diagnosed with Coronavirus infection (with or without symptoms), or because you have had close contact with someone with COVID-19.
In my personal life:
In addition, of all the above it is advisable to limit the number of people we meet in our social life, and choose whenever possible outdoor activities or in well-ventilated spaces.
Regarding the mask: as you know it is no longer mandatory to use the mask in open spaces, but as long as you can maintain a safe distance.
Ask yourself when this is really possiblein the cities we live in. Most of the sidewalks we travel on have a distance of less than 2 meters, so it is not possible to maintain a safe distance. Be responsible and continue to wear the mask in case of any doubt of being able to keep your distance.Protect yourself and help protect others!
2.- Why is it important that you continue to comply with these measures?
Current evidence indicates that different vaccines against COVID-19 are effective in reducing symptomatic and asymptomatic infection, mild, moderate and severe disease, and mortality. However, it is known that the immunity generated by vaccines does not prevent you from getting infected again. This implies that even if vaccinated:
· You can get infected
· You can spread it to others
· The DELTA variant is more contagious and serious than the previous ones. Any oversight can make your family, friends and colleagues very sick.
For all these reasons, we ask you not to lower your guard and continue to comply as before with the prevention measures against covid-19 infections, both in Rovi and your private life.
Thank you all so much for your commitment, when you protect yourself you are protecting others!
123456, password, julio123… Our passwords are the keys to our online life, but many times we protect our most sensitive data with passwords that are easy to predict. As a result, our information could be exposed to cybercriminals.
Fun fact… 1 in 5 corporate passwords includes the company name. ROVI123 is not a strong password!!
This month we are going to publish 2 videos that explain how to create a strong password and the risks of not managing them securely.
Click on the video to see the first one!
Tips for creating a strong password:
Combines uppercase, lowercase, special characters, and numbers.
Don’t use words that appear in the dictionary.
Do not include the word ROVI, your ID, the months of the year, important dates, current affairs, personal data, etc.
Don’t forget to report any suspicious situations to the mailbox seguridadIT@rovi.es#ProtegeTUinformación
As you may have heard in the press, the Government of Spain plans to lift the mandatory use of masks in outdoor spaces, provided that certain requirements are met.
However, for the moment in ROVI we will not apply this measure, so it will continue to be mandatory to use the mask in all ROVI facilities, regardless of whether they are indoors or outdoors.
The use of the mask is one of the most effective prevention measures against the transmission of COVID-19; hence we maintain the mandatory use of it.
Each of us must contribute to our personal protection and that of our colleagues.
Thank you all very much for the commitment you have shown to date in complying with all the measures, a commitment that we are sure will be maintained in the future.
or… would we be more efficient if we did it otherwise?
We are looking for innovative ideas that can become a real project that makes your work and that of your colleagues more AGILE,DIGITAL and SAFE.
Your effort will be rewarded.
If your idea is approved by the Digital Committee, you will not only help in its development, but you will also take one of the NEW ROVI Rocks BACKPACKS as a gift.
Upload your idea in the “ROVI Ideas” section of your App or by writing to ideasrovi@rovi.es
Given the evolution of the COVID-19 pandemic, we announce that the infection prevention measures established in ROVI will be extended until September 15.
In addition, we are pleased to inform you that Rovi’s forecast is to recover a greater degree of normality in its operation as of September 15. If the epidemiological situation remains in the same positive trend that has been showing in recent weeks and the national vaccination plan is fulfilled according to the established schedules, we understand that, after the return from vacation, we will be able to relax many of the measures that we currently have in force to prevent covid-19 infections, increasing our physical presence in the Rovi facilities and recovering our ordinary work dynamics.
The details of these new measures will be communicated in the first days of September.
Finally, we remember that in the ROVIRocks COVID Channel you can consult all the mandatory rules, currently in force, differentiated by type of employee.
On the occasion of World Environment Day, from the Roviteca we want to provide you with a section specialized in the environment, sustainability, and the protection of biodiversity and the reconstruction of ecosystems.
These contents will help you to become aware of how important the preservation of the environment is and how linked it is with the human being. An opportunity to learn how to be more responsible and sustainable in our day to day.
Remember that you can access this content from ROVI Rocks or download the Roviteca app to access the best books, audiobooks, magazines, videos, podcasts and courses for free. Whether it’s to disconnect, have fun or improve your skills in some field, we recommend that you take a look to see what new content there is. Here we leave you some of the new titles of the section “Environment“:
Laboratorios Farmacéuticos Rovi, S.A. held today its Ordinary General Shareholders’ Meeting, in which it has been carried out an evaluation of the 2020 financial year, marked by significant growth. The company increased its sales of both prescription pharmaceuticals (6%), and low molecular weight heparins (14%) and especially from the contract manufacturing division (39%). “It has been an essential year for ROVI in which we have demonstrated our commitment to science, life and the health of millions of people, said Mr. Juan López-Belmonte Encina, CEO of ROVI.
The Board, meeting in the first call, approved all the agreements on the Agenda and, among others, the individual and consolidated annual accounts of the Company as well as the respective management reports, corresponding to the annual year ended December 31, 2020, and the social management during the last financial year.
The company has presented its shareholders with consolidated operating income of 420.0 million Euros in 2020, which represents a growth of 10% compared to 2019. ROVI also achieved a 55% increase in EBITDA, from 60.9 million Euros in 2019 to reach 94.2 million Euros in 2020. Rovi’s net profit also grew by 55% to 61.1 million Euros. Expenditure on research and development (R&D) stood at €23.8 million in 2020. These expenses are mainly related to the preparation of the Risperidone ISM® registration dossier for submission to the U.S. Food and Drug Administration (FDA); the development of Phase I of Letrozole-ISM®; and the development of the new formulation of Risperidone ISM® for a quarterly injection.
Sales of LMWH grew by 14% and those of the enoxeparin biosimilar by 25%.
It is worth noting the 14% increase in sales of the Heparins division. Sales of heparins (biosimilar of enoxaparin, Bemiparin and other heparins) accounted for 50% of operating income in 2020 compared to 48% in 2019. Specifically, ROVI has achieved that its enoxaparin biosimilar was present in 19 countries and that its sales increased by 25%, reaching 101.4 million Euros, and the sales of Bemiparin will also stand at 101.4 million Euros in 2020.
Sales of other proprietary medicinal products are also increasing. In 2020, Neparvis® sales grew by 34% reaching 29.6 million Euros, compared to 22.0 million Euros in 2019. Meanwhile, Volutsa® sales increased by 7%, to 14.2 million Euros in 2020.
ROVI, the great international breakthrough
As of December 31, 2020, Bemiparin is already present in 58 countries outside Spain and sells 5% more than in the previous year. Bemiparin’s international sales increased by 21% to reach 33.0 million Euros in 2020.
Sales outside Spain grew by 28% in 2020, representing 46% of operating income compared to 39% in 2019.
Agreement with Moderna
In 2021, ROVI reinforces its collaboration with Moderna in the filling and finishing of the vaccine against COVID-19 by increasing its current capacity for these two activities, and for the manufacture of the active ingredient of this vaccine. To this end, new industrial investments will be carried out in the facilities that the ROVI Group has in Madrid and Granada.
Mr. Juan López-Belmonte Encina commented:“Our collaboration with Moderna, as a manufacturer of injectables, supplying the vaccine against COVID-19 outside the United States, has meant the definitive strengthening of our manufacturing area to third parties. We have taken on this mission so essential to the lives of millions of people with responsibility and commitment, and we thank the Government of Spain and the Spanish Medicines Agency for the trust placed in ROVI.”
Risperidone ISM® in the regulatory process in Europe and the U.S.
ROVI continues to bet on Research as a guarantee of growth and sustainability and one of the milestones of 2020 is precisely the beginning of the evaluation process to obtain the marketing authorization of Risperidone ISM® in the European Union and the United States. ROVI has made significant progress in the treatment of schizophrenia and looks forward to the future.
The results of its pivotal phase III clinical trial PRISMA-3, on the efficacy and safety of Risperidone ISM® in patients with schizophrenia, demonstrate that the monthly injectable antipsychotic Risperidone ISM® provides a significant improvement in symptomatology and disease severity in patients with an acute exacerbation of schizophrenia.
Growth forecasts
In February 2021, ROVI announced that it expected operating income by 2021 to increase by 20% to 30%, including the production of Moderna’s vaccine against COVID-19. As a result of the expanded collaboration between ROVI and Moderna, in 2021 ROVI expects to reach the high band of the range.
ROVI expects its growth engines to be Bemiparin, distribution licensing agreements such as Neparvis® and Volutsa®, enoxaparin biosimilar, the existing specialty pharmaceutical product portfolio, the agreement with Moderna and new third-party manufacturing contracts.
Mr. Juan López-Belmonte Encina has expressed his satisfaction with the results obtained and has stated: “This year we have shown that our business motto, our commitment to Research and Development, is the engine that moves us and stimulates us to continue. We are well aware that our work and our personal and collective commitment have a direct impact on the lives of millions of people. We are ready, prepared and hopeful to continue to contribute to saving lives.”
The Ordinary General Shareholders’ Meeting of Laboratorios Farmacéuticos ROVI, chaired by Mr. Javier López-Belmonte Encina, has also approved at its meeting today the distribution to shareholders of a gross dividend, charged to the results of the 2020 financial year, of 0.3812 Euros per share with the right to receive it, which represents an increase of 118% compared to the dividend paid from the results of the year 2019 (0.1751 Euros per share) and it would involve the distribution of approximately 35% of the consolidated net profit for 2020 (vs 25% of the consolidated net profit for 2019).