1. Generics Bulletin
  2. >>Business
  3. >>Earnings

Hikma Raises Expectations For 2021 After A Host Of Launches

Expects Uptick For Advair Rival In H2 As Vascepa Generic Gradually Gains Share

 
• By Dave Wallace

On the back of a string of launches in 2021 – including the full introduction to the US market of its generic rival to Advair – Hikma has raised its full-year forecast for its generics business in anticipation of a healthy second half.

Wooden Blocks 2021 Up Arrow
Hikma has raised its full-year forecast for 2021 • Source: Alamy

Hikma has raised its full-year sales expectations for its generics business significantly following “a strong performance from recently launched products,” as the firm reported first-half sales from the unit that grew by 8% to $400m, contributing to total company sales that were up by 7% to $1.216bn.

“We now expect Generics revenue to be in the range of $810m to $830m for the full year, up from $770m to $810m,” the firm revealed, “and [Generics] core operating

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Generics Bulletin for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required
Start Free Trial

Already a subscriber?

More from Earnings

More from Business

Cutting Out The Middlemen? Trump’s Pricing Order Offers Opportunity On PBMs

 
• By Dave Wallace

Donald Trump’s executive order on most-favored-nation prescription drug pricing could provide positive opportunities for the off-patent industry, although US generics and biosimilars association the AAM suggested that the administration might do more good by focusing elsewhere.

Pfizer Discusses Tariffs Amid International Slump For Oncology Biosimilars Revenue

 
• By Adam Zamecnik

Reflecting conversations across the wider pharmaceutical industry, Pfizer’s earnings call for the first quarter of 2025 focused on the sector’s response to the potential imposition of tariffs by the Trump administration.

Amneal Proud To Be ‘Made In America’ And Ready To Scale Up Its US Manufacturing

 
• By Urtė Fultinavičiūtė

Amneal has set itself apart from competitors who are scrambling to find alternatives if proposed US pharmaceutical tariffs come into place. For the New Jersey-based firm, this is an opportunity to embrace its American identity and open a new chapter of growth.