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Hikma Warns Of Renewed Pricing Pressure On US Generics

Provides Update On Key Products And Announces $300m Share Buyback

 
• By Dave Wallace

Hikma has warned of renewed pressure on generics in the US after a “gradual worsening of the pricing environment” in 2021. However, the company still managed to achieve growth of a tenth in its generics segment last year, on the back of key launches.

US dollar coin squeeze price pressure
Prices are being squeezed again in the US • Source: Backyard Productions / Alamy Stock Photo

Pricing pressures for US generics are continuing to intensify, Hikma has warned as it reported its annual results, with CEO Siggi Olafsson pointing to “a gradual worsening of the pricing environment” in 2021.

While price erosion had only come in at around 4% in 2020, Olafsson highlighted, the 2021 full-year figure came out at around 8%, with levels

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