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Hikma Strikes $185m Deal For Xellia Injectables Portfolio, Manufacturing Facility

Investment In Ohio Facility Will Allow In-House Production For Xellia Injectables

 
• By Dean Rudge

Hikma is not resting on its laurels after paying $375m upfront for US injectables specialist Custopharm two years ago, penning another acquisition agreement for a bundle of pharma and physical assets from Danish firm Xellia.

The acquisition deal will double the size of Sosei Group.
• Source: Shutterstock

Hikma is continuing to beef up its major injectables business, striking a deal worth up to $185m to bring on board a collection of assets from Xellia in the US, including a portfolio of products, a US manufacturing facility, and an R&D center in Croatia.

Subject to US Federal Trade Commission approval, the deal will add significant scale to Hikma’s US operations, enhance its US injectable manufacturing capabilities and portfolio by adding complex technologies, and deliver “significant future value to our

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