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Hikma Buys Teligent Assets To Expand Into Canada

Deal Worth $46m For Canadian Sterile Injectable Assets Follows Teligent Bankruptcy

 
• By Dave Wallace

Hikma has snapped up the Canadian sterile injectables assets of bankrupt Teligent in a $46m deal that marks Hikma’s first move into Canada.

Canada Map Red Pin
The deal represents Hikma’s first foray into Canada • Source: Donisl / Alamy Stock Photo

Hikma has made its first foray into the Canadian market after striking a $45.75m deal to acquire the Canadian sterile injectables assets of bankrupt Teligent.

The transaction – which is expected to be completed before the end of the first quarter of 2022 – covers a portfolio of 25 sterile injectables, three in-licensed ophthalmic products and a pipeline of

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