Rubicon Research acquires US manufacturing facility for USD 2.9 million
RUBICON · price
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Rubicon Research's wholly owned subsidiary AdvaGen Holdings acquired a manufacturing facility in East Brunswick, New Jersey from InvaTech Pharma Solutions for USD 2.9 million enterprise value, via a US bankruptcy court Section 363 process. The facility makes oral solid and liquid formulations, has 10+ years of USFDA inspection history, and is similar in size to Rubicon's Satara plant. A May 2026 inspection drew 6 procedural Form 483 observations now addressed. Manufacturing expected to commence in calendar year 2027.
Gives Rubicon its first US manufacturing footprint and supports specialty product growth. Modest deal size; no product approvals included, so near-term revenue impact limited.