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Hikma Overtakes Fresenius In US Injectables

Injectables Growth Across Regions In 2021 Accompanies Expansion Through Acquisitions

 
• By Dave Wallace

Hikma says it is now ranked second only to Pfizer in terms of US generic injectables volumes – overtaking rival Fresenius – as it continues to expand in the segment, including via recent acquisitions. Meanwhile, the firm is also laying the groundwork for a US biosimilars business.

Competition winners podium 1 2 3
Hikma has jumped into second place in US injectables volumes • Source: Enrico Mantegazza / Alamy Stock Photo

Hikma says it has now leapfrogged rival Fresenius Kabi into second place in terms of US injectables volumes, after a year that saw Hikma’s overall injectables turnover advance by 8% to $1.053bn, driving group sales ahead by 9% to $2.553bn.

US injectables sales grew by 4% to $691m in 2021, making up the bulk of the segment’s sales

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