Question · Q3 2025
Brian Tanquilot asked about the cadence of upcoming patent expirations in BrightSpring's portfolio and the margin ramp dynamics for new generic launches. He also inquired about the cause of the delay in the community living divestiture and what to look for regarding its closure.
Answer
CEO Jon Rousseau stated that the publicly available information on numerous brand-to-generic conversions over the next couple of years, including a significant one at the end of Q1 next year, remains consistent. He expects similar overall dynamics in these conversions as experienced historically. Regarding the community living divestiture, Mr. Rousseau explained that the delay is due to the time these processes can take, exacerbated by the recent government shutdown. He remains optimistic for a Q1 close, noting that the buyer is working through a handful of markets with the FTC, which is ongoing and straightforward.