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Hikma Opens Discussions To Acquire GSK Businesses In Egypt And Tunisia

Deal Would Include Hikma Acquiring GSK’s 91.2% Holding

 
• By Dean Rudge

With operations in the MENA region already tracking to $700m in revenues for 2020, Hikma is looking to grow the business further after beginning negotiations with GSK to buy certain of the originator’s businesses in Egypt and Tunisia.

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Hikma already has a significant presence in the MENA region, striking several licensing deals in 2020. • Source: Shutterstock

Hikma has approached GlaxoSmithKline to potentially acquire certain GSK businesses in Egypt and Tunisia.

The London-based generics and injectables player has entered a non-binding term sheet for the Pharmaceutical and Consumer Health business in Egypt, including manufacturing, and

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