HBM Healthcare Investments' portfolio company Swixx BioPharma boosts sales
and profits through strategic acquisition in Latin America

HBM Healthcare Investments AG / Key word(s): Acquisition
HBM Healthcare Investments' portfolio company Swixx BioPharma boosts sales
and profits through strategic acquisition in Latin America

22.05.2024 / 17:46 CET/CEST

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Swixx BioPharma, the largest investment in the private equity portfolio of
HBM Healthcare Investments, today announced its strategic expansion into
Latin America with the signing of an agreement to acquire the Laboratorios
Biopas Group.

The acquisition of Biopas builds on Swixx BioPharma's rapid rate of organic
growth and extends & transforms the company's footprint. With USD 220
million in sales, over 300 employees and therapeutic coverage in Neurology,
Oncology, Gastroenterology and Rare Diseases, Biopas is one of Latin
America's leading independent marketing and distribution companies for
international biopharmaceutical firms. Biopas has its operational
headquarters in Bogota, Colombia and is present in 20 countries, including
Latam's "Top 5" markets of Argentina, Brazil, Chile, Colombia & Mexico.

The acquisition of Biopas follows on the entry of Swixx BioPharma into the
Middle East region in September 2023 and marks another important step toward
Swixx's mission to become the global partner of choice for biopharma
companies seeking indirect routes to launch their medicines. Through Biopas'
comprehensive Latam continental coverage, Swixx will now be able to provide
a compelling offering covering Central and Eastern Europe, CIS/Eurasia, MENA
and now Latin America.

Swixx BioPharma expects the transaction to be immediately accretive. The
company will finance the acquisition through a combination of cash held on
its balance sheet, bank loans and equity. Closing of the transaction is
expected after relevant regulatory approvals, anticipated around mid 2024.
HBM Healthcare Investments has been a significant shareholder in Swixx
BioPharma since 2017, with a stake of approximately 25 per cent.

Contact
For further information, please contact Dr Andreas Wicki on +41 41 710 75
77, or at andreas.wicki@hbmhealthcare.com.


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End of Media Release

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   Language:       English
   Company:        HBM Healthcare Investments AG
                   Bundesplatz 1
                   6300 Zug
                   Switzerland
   Phone:          +41438887171
   Fax:            +41438887172
   E-mail:         info@hbmhealthcare.com
   Internet:       https://www.hbmhealthcare.com
   ISIN:           CH0012627250
   Valor:          1262725
   Listed:         SIX Swiss Exchange
   EQS News ID:    1909119

End of News EQS News Service
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1909119 22.05.2024 CET/CEST