Grifols’s Family Blood Is Thicker Than Water
Spanish drugmaker under short seller attack paid a company linked to its founding family more than it paid other plasma suppliers
A sign on the windows of the Grifols headquarters in Barcelona
Photographer: Angel Garcia/BloombergWelcome to The Brink. It’s Clara Hernanz Lizarraga and Jorge Zuloaga in Madrid, where we sifted through the documents on the Grifols investigation. We also have news on Lebanon and Wolfspeed. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.
The line between the Grifols family and the namesake Spanish drugmaker company founded in 1909 in Barcelona has always been a thin one. For much of its history, successive generations of the founding family held significant ownership stakes and occupied key executive roles — driving scientific innovation, overseeing operations, and guiding the company’s global expansion.