The company relies on single-source suppliers for the active pharmaceutical ingredients (API) and manufacturing of its products, lacking internal commercial-scale manufacturing capabilities. It depends on third-party manufacturers and suppliers, which exposes it to risks including supply disruptions, regulatory compliance challenges, and price increases. In October 2023, the drug product manufacturer for ROLVEDON requested a significant price increase, resulting in renegotiated supply agreements extending through 2027 and a fixed price amendment through 2025. Additionally, the API provider to the INDOCIN contract manufacturer has requested a substantial price increase, despite fixed pricing agreements with the contract manufacturer through July 2028. The company is currently evaluating the impact of these supplier demands and potential future price increases.
Assertio Holdings Inc's Comment on Supply Chain
The company relies on single-source suppliers for the active pharmaceutical ingredients (API) and manufacturing of its products, lacking internal commercial-scale manufacturing capabilities. It depends on third-party manufacturers and suppliers, which exposes it to risks including supply disruptions, regulatory compliance challenges, and price increases. In October 2023, the drug product manufacturer for ROLVEDON requested a significant price increase, resulting in renegotiated supply agreements extending through 2027 and a fixed price amendment through 2025. Additionally, the API provider to the INDOCIN contract manufacturer has requested a substantial price increase, despite fixed pricing agreements with the contract manufacturer through July 2028. The company is currently evaluating the impact of these supplier demands and potential future price increases.
Sources:
Assertio Holdings inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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