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Grifols takes its plasma to the Murcia Health Service for €3 million

The Spanish company will supply plasma to the Regional Center for Hemodonation of the Region of Murcia (CRH) for two years.Under the contract, Grifols will distribute more than 51,400 vials of human albumin. This is a sterile solution of serum albumin, obtained by fractionation according to the Cohn method with cold ethanol, from a pool of venous blood plasma. The price for this fractionation is more than $705,000 (€580,000).

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The Spanish pharmaceutical giant, Grifols,  which specializes in the production of plasma derivatives, has been awarded a contract by the Government of Murcia to supply plasma to centers dependent on the health service for $3.65 million (€3 million), according to a contract signed by the management of the Murcia Health Service and the pharma group. 

The Grífols family company will supply plasma to the Regional Center for Hemodonation of the Region of Murcia (CRH) for a period of 24 months. The object of the contract includes the collection of human plasma from the center, its transport to the facilities of the company awarded the contract, the conservation of the collected plasma, its conservation prior to fractionation, the temporary storage of the plasma derivatives obtained, as well as the distribution or making available of these plasma derivatives to the health facility. 

The CRH began its activity in June 1991, under the agreement signed between the Ministry of Health and Consumer Affairs and the Murcia Regional Ministry of Health. Previously, by order of April 4th of the same year, for a better use of the sanitary resources, the Health Department of Murcia configured the hematology and hemotherapy unit, by which the medical staff of the CRH and the hematology and hemotherapy service of the General University Hospital were integrated in the same unit.  

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Grifols will distribute more than 51,400 vials of human albumin to the Murcia health system

Since it opened, the HRC has been responsible for supplying the hemotherapy needs of the autonomous community. Likewise, this center initiated and developed the hematopoietic progenitor transplant program in the region and actively collaborates in the registration of bone marrow donors. Under the contract, Grifols will distribute more than 51,400 vials of human albumin. This is a sterile solution of serum albumin, obtained by fractionation according to the Cohn method with cold ethanol, from a pool of venous blood plasma. The price for this fractionation is more than $705,000 (€580,000). 

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The pharmaceutical company will also distribute more than 18,900 vials of immunoglobulin. These are antibodies in the blood, which can provide doctors with important information about the immune system. The cost for this is over $1.8 million (€1.5 million).  

Grifols takes its plasma to the Murcia Health Service for three million euros

Image of the Spanish pharmaceutical company Grifols closes this contract after announcing at the end of November an agreement with the Egyptian Government to develop the plasma medicine market in the country and to promote itself-supply. 

Through the constitution of a joint venture, in which the National Service Projects Organization (Nspo) holds 51% and Grifols 49%, the two companies will combine their industrial experience and financial efforts to develop, build and operate twenty plasma donation centers (with an initial capacity to obtain 600,000 liters of plasma per year) and production facilities. Grifols earned 486 million euros through September 2020, 14.7% more than in the first nine months of 2019, according to the latest available data. Revenue increased by 7.8% to $4.9 million (€4,03 million), according to the latest available results.

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(Featured image by AhmadArdity via Pixabay)

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.