22 Jul 2026
Rubicon Research bought its first US manufacturing plant, at East Brunswick in New Jersey, at an enterprise value of 2.9 million dollars.
Subsidiary AdvaGen won it through a court supervised bankruptcy sale of InvaTech Pharma. The site makes oral solid and liquid formulations and shares a wall with Rubicon's existing US distribution centre. Production starts in calendar 2027.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.