Hikma Bolsters Injectables With Completion Of Xellia Deal

CEO Says Addition Of Finished-Dose Assets Will Enhance Portfolio And Technology

As it completed its takeover of Xellia’s finished dosage form business and related assets, Hikma set out how it expects its injectables business to benefit from the acquisition.

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Hikma has completed its acquisition of Xellia’s FDF business • Source: Shutterstock

Hikma has set out expected enhancements to its injectables business, following the completion of its recent agreement to acquire a bundle of US finished-dose assets from Xellia Pharmaceuticals following clearance under applicable US antitrust laws.

As a result of the deal – which saw Hikma agree to pay cash consideration of $135m, subject to customary adjustments, with additional contingent consideration of up to $50m payable upon achievement of certain regulatory and commercial milestones (see sidebar) –

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