London, 15 October 2015 – Hikma Pharmaceuticals PLC (LSE: HIK) (NASDAQ Dubai: HIK) (OTC: HKMPY), the fast growing multinational pharmaceutical group, today announces that its wholly owned subsidiary Hikma Pharmaceuticals LLC (“Hikma”) has entered into an exclusive licensing, supply and distribution agreement with biopharmaceutical company
15 October 2015
Under the terms of the agreement, Hikma will have the exclusive rights to register, distribute and market Zevtera® in all its MENA markets leveraging Hikma’s strong local presence, sales and marketing capabilities and regulatory expertise. Zevtera® has received approvals in 13 European countries and Canada for the treatment of adult patients with community- and hospital-acquired pneumonia (CAP, HAP), excluding ventilator-associated pneumonia (VAP), and has been launched in Germany, France, Italy and the UK.
Mazen Darwazah, Vice-Chairman and CEO of MENA and Emerging Markets said, “Our partnership with Basilea will allow us to bring more innovative anti-infective products to the MENA, enhancing our growing portfolio of differentiated high value products and reinforcing our commitment to increasing patients’ access to high-quality medicines.”