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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.

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