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Stevanato Group S.p.A. - STVN STOCK NEWS

Welcome to our dedicated page for Stevanato Group S.p.A. news (Ticker: STVN), a resource for investors and traders seeking the latest updates and insights on Stevanato Group S.p.A. stock.

Stevanato Group S.p.A., founded in 1949, is a leader in creating systems, processes, and services that ensure the integrity of parenteral medicines. The company operates through two main divisions:

  • Pharmaceutical Systems (Ompi and Balda brands): Specializes in ready-to-use glass containers and bulk primary packaging such as syringes, cartridges, vials, and ampoules. Additionally, it provides high-quality, high-precision plastic solutions for diagnostic, pharmaceutical, and medical device applications.
  • Engineering Systems (Spami, Optrel, Innoscan, and SVM brands): Focuses on glass forming technology, inspection systems, assembly, packaging machines, and serialization solutions for the pharmaceutical industry.

These divisions work in close synchronization, featuring daily exchanges that ensure the Stevanato Group maintains complete control over the entire production process, from sourcing the finest raw materials to providing exceptional after-sales customer service.

The group's commitment extends beyond manufacturing; through its SGLab, the Stevanato Group offers analytical and testing services that support pharmaceutical companies in ensuring the safety, efficacy, and integrity of their products.

Stevanato Group addresses customer needs across the entire drug life cycle, including development, clinical, and commercial stages, offering an integrated, end-to-end portfolio of products, processes, and services. The company operates in two segments: Biopharmaceutical and Diagnostic Solutions, which generates key revenue and encompasses products and services for the containment and delivery of pharmaceutical and biotechnology drugs and reagents, as well as the production of diagnostic consumables; and Engineering.

Geographically, the company derives the majority of its revenue from Europe, the Middle East, and Africa, positioning itself as a significant player in the global pharmaceutical, biotechnology, and life sciences industries.

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Stevanato Group (NYSE: STVN) announced it will release its Q1 2023 financial results on May 4, 2023, at 6:30 a.m. (ET). Following the release, a conference call will be held at 8:30 a.m. (ET) the same day, where management will discuss the results. Interested parties can pre-register for a conference passcode to gain immediate access or join via dial-in numbers provided for the United States, Italy, and United Kingdom.

The company will also provide a webcast of the discussion live, which will be archived for three months on its Investor Relations website. Stevanato Group, founded in 1949, is renowned for its solutions in drug containment and delivery across the pharmaceutical and life sciences sectors.

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Stevanato Group (NYSE: STVN) has partnered with Thermo Fisher Scientific to introduce an innovative on-body drug delivery system. This semi-reusable device allows for micro-precision dosing and bolus injections, enhancing patient adherence by facilitating at-home administration of pharmaceuticals. The collaboration promises an end-to-end solution, combining Stevanato's EZ-fill® cartridges with Thermo Fisher's fill-and-finish services. This partnership not only accelerates time-to-market but also supports sustainability through reduced waste. Both companies aim to improve patient access to critical medications while meeting market demands swiftly.

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Stevanato Group S.p.A. (NYSE: STVN) has announced a strategic collaboration with Recipharm, aiming to develop pre-fillable syringes for use in Recipharm’s soft mist inhalers. This partnership leverages Stevanato's 70+ years of manufacturing experience. The Alba® syringes will integrate with Recipharm's Pre-Filled Syringe Inhaler (PFSITM) technology, enhancing drug delivery for sensitive products. The combined offering promises efficient respiratory delivery and improved containment solutions for biopharma companies. This collaboration underscores Stevanato's commitment to supporting drug development from clinical phases to market release.

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Stevanato Group (NYSE: STVN), a global provider of drug containment and delivery solutions, announced its participation in the Virtual KeyBanc Capital Markets Life Sciences & MedTech Investor Forum on March 21 and March 22, 2023. The company will present on March 21 at 11:15 a.m. ET, with a live audio webcast available on their website. A replay will be accessible for approximately 90 days post-event. Founded in 1949, Stevanato Group offers an integrated portfolio of products and services across the drug life cycle, emphasizing research, technical innovation, and engineering excellence.

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FAQ

What is the current stock price of Stevanato Group S.p.A. (STVN)?

The current stock price of Stevanato Group S.p.A. (STVN) is $19.4 as of November 4, 2024.

What is the market cap of Stevanato Group S.p.A. (STVN)?

The market cap of Stevanato Group S.p.A. (STVN) is approximately 6.4B.

What does Stevanato Group S.p.A. specialize in?

Stevanato Group specializes in systems, processes, and services to ensure the integrity of parenteral medicines and offers products for drug containment, delivery, and diagnostics.

What are the main divisions of Stevanato Group?

The company operates through Pharmaceutical Systems and Engineering Systems divisions.

What brands fall under Stevanato's Pharmaceutical Systems division?

The Pharmaceutical Systems division includes the Ompi and Balda brands.

What services does the Engineering Systems division provide?

The Engineering Systems division offers glass forming technology, inspection systems, assembly, packaging machines, and serialization solutions.

What is the role of SGLab in Stevanato Group?

SGLab provides analytical and testing services to support pharmaceutical companies in ensuring the safety, efficacy, and integrity of their products.

Which industries does Stevanato Group serve?

Stevanato Group serves the pharmaceutical, biotechnology, and life sciences industries.

From which regions does Stevanato Group derive most of its revenue?

The majority of the group's revenue comes from Europe, the Middle East, and Africa.

How does Stevanato Group support the drug life cycle?

The company provides products, processes, and services for the development, clinical, and commercial stages of the drug life cycle.

What kind of packaging solutions does Stevanato Group offer?

Stevanato Group offers ready-to-use glass containers, syringes, cartridges, vials, ampoules, and high-precision plastic solutions.

How long has Stevanato Group been in operation?

Stevanato Group has been in operation since its founding in 1949.

Stevanato Group S.p.A.

NYSE:STVN

STVN Rankings

STVN Stock Data

6.45B
49.48M
2.04%
107.7%
1.27%
Medical Instruments & Supplies
Healthcare
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United States of America
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