Stevanato Group SpA
STVN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.x | LOCK|mwn$ | LOCK|?HPpzQ@ |
Starting Coverage of Drug Packaging Supplier Stevanato With Narrow Moat, Stable Trend Ratings
Business Strategy and Outlook
Stevanato is the market leader in pen cartridges and presterilized vials and holds the number position in prefillable syringes (behind Becton Dickinson). The company is a key supplier in the drug delivery supply chain, and provides drug containment and primary packaging solutions to 41 of the top 50 global pharma companies. Primary packaging is the material that first envelops a drug product, and safe production of drug-delivery packaging is critical for the successful delivery of pharmaceutical products.
