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  • Reuters

    Rovi explores sale of unit that makes drugs for third parties

    Spanish pharmaceutical company Rovi said on Thursday it had hired financial advisory and asset management firm Lazard to explore the sale of its third-party manufacturing business that it uses to make COVID vaccines. Madrid-based Rovi said it regularly assesses potential strategic alternatives to maximise value and decided to hire Lazard, although no specific decision had been taken and the analysis was still ongoing.