PROMOMED DM's credit rating has been confirmed at the ruA level, with a stable outlook

23.06.2025

Corporate
For investors
Industry development

June 23, 2025, Moscow – PJSC PROMOMED (MOEX: PRMD) (formerly "PROMOMED", the "Company", and together with its subsidiaries, the "Group") announces that the rating agency Expert RA has confirmed the credit rating of the subsidiary PROMOMED DM LLC at ruA-. The rating outlook is stable.

The rating reflects a relatively high level of creditworthiness compared to other rating entities in the Russian Federation, and there is some sensitivity to the impact of negative changes in the general economic environment. 

The Agency notes the Group's resilience to external shocks due to the high social importance of the pharmaceutical industry, as well as the low elasticity of demand for medicines, especially vital ones. This factor, combined with an increase in life expectancy and an increase in the proportion of patients with chronic diseases, forms the basis for the long-term and predictable development of the industry.

The Group has developed competencies in the field of innovative drug development. In addition, Expert RA noted the high marginality of the Group's business: EBITDA margin exceeds the maximum industry benchmarks.

The Agency notes that over the next 12 months, operating cash flow, cash balances and available limits on credit lines provide sufficient liquidity to fulfill all obligations and implement investment plans. A qualitative assessment of liquidity is characterized by a low risk of debt refinancing and a comfortable repayment schedule. The Group's debt portfolio is diversified.

The corporate structure of the Group, which includes a Board of Directors with independent members and committees on audit, strategy, sustainable development and remuneration functioning under the Board of Directors, was positively assessed. Expert RA emphasizes a high level of transparency and a mature internal control system.

The rating agency's press release is published on the website: www.raexpert.ru

About the Company

PJSC PROMOMED is a leading innovative biopharmaceutical company with the potential for significant growth in promising segments of the pharmaceutical market. In 2025, PROMOMED celebrates the 20th anniversary of the Company's founding.

The Company's structure includes its own unique world-class R&D center and a high-tech enterprise, the Biochemist plant. Thanks to this, PROMOMED implements the concept of a full production cycle "from Idea to Molecule, from Molecule to Patient", promptly responds to the current needs of the industry, and also implements the latest technologies to create innovative medicines. The company develops a diversified portfolio of more than 350 medicines in the TOP 10 segments of the pharmaceutical market. The Company's portfolio includes "blockbuster" drugs and innovative biotechnological drugs that have no analogues on the Russian market. Based on its own developments, the Company produces drugs for the treatment of socially significant diseases: oncology, diabetes, obesity, neurology, infectious diseases, rheumatology, etc. Thanks to its own innovative chemical technologies and biotechnologies, as well as modern production facilities, the Company is an active participant in the system of ensuring national drug safety and import independence of the country.

Contacts

For investors

 For the media

ir@promomed.pro

 pr@promomed.pro


Statement of limitation of liability

This message and the information contained therein are not:
  • an offer to purchase any securities,
  • an invitation to make offers for the purchase of any securities,
  • as part of such offers or invitations,
  • securities advertising in the Russian Federation or other jurisdictions,
  • an offer to purchase medicines,
  • advertising of medicines,
  • by encouraging or recommending transactions,
  • it is also not subject to interpretation as such.

Neither this communication nor any part of it is the basis for concluding any transaction or incurring any obligation, they cannot be used in connection with any transactions.to serve as an incentive to conclude any transactions or make any commitments.

Neither this announcement nor any part of it should serve as a basis for making any investment decisions and/or decisions on the use of any medicines.

The publication of this communication does not imply investment consulting (in the meaning defined in the legislation of the Russian Federation (including Federal Law No. 39-FZ of April 22, 1996 "On the Securities Market"). The information provided in this message is not an individual investment recommendation, and the financial instruments or transactions mentioned in it may not meet your investment profile and investment goals (expectations). It is your task to determine whether a financial instrument or operation matches your interests, investment goals, investment horizon, and acceptable risk level. PJSC PROMOMED is not responsible for possible losses in the event of transactions or investments in financial instruments mentioned in this information, and does not recommend using this information as the only source of information when making an investment decision.

Before making an investment decision on making or not making transactions with the Company's shares, it is necessary, among other things, to familiarize yourself with the information disclosed on the Company's web page.https://e-disclosure.ru/portal/company.aspx?id=38533.

The information contained in this announcement may include estimates and other forward-looking statements regarding the intentions, plans, future events, financial, operational or other activities of the Group. Actual events, calculations and results of their activities may differ materially from those contained or anticipated in the forward-looking statements, words and expressions provided in this communication or related materials due to the influence of various external and internal factors (general economic conditions; risks associated with the specifics of the Company's activities, including those that cannot be controlled by the Company; changes in market conditions in the industry in which the Company and the Group operate; geopolitical and other factors and risks). An indication of goals, potential, growth opportunities or other indicators is not a guarantee of the realization of these goals, potential, opportunities.

The methodology for determining and calculating the operational and financial indicators of a Company may differ from the methodology used by other individuals, companies or organizations.

The Company or persons belonging to the Group, their directors, participants (shareholders), employees, representatives do not provide any guarantees or assurances confirming the accuracy, completeness or unambiguous nature of the information and information contained in this communication or related materials, and do not assume any obligations or obligations to updating them.

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