WebApr 12, 2024 · Hikma, which means “wisdom” in Arabic, was founded in Jordan in 1978 and supplies various generic drugs including anaesthetics, pain medications, sedatives, neuromuscular blocking agents and anti-infectives. ... In April 2024, the company completed the acquisition of California-based Custopharm in a deal valued at $425 million, as part of ... WebThe up-front consideration of $375 million is on a cash-free, debt-free basis and is being funded from Hikma’s existing cash resources. The acquisition constitutes a Class 2 transaction pursuant to the UK Listing Rules. The gross assets of Custopharm at 31 December 2024 were $43 million. Losses before tax in the year to 31 December 2024 …
Hikma completes acquisition of Custopharm Hikma
WebChicago — Water Street Healthcare Partners announced today that it has completed the sale of its generic pharmaceutical company Custopharm to Hikma Pharmaceuticals PLC, one of the largest suppliers of generic injectable medicines in the United States. Water Street invested in Custopharm in 2015. Working with the company’s leadership team ... WebApr 18, 2024 · As a condition of Hikma Pharmaceuticals PLC’s $375 million acquisition of generic drug services company Custopharm, Inc., the Federal Trade Commission required … my babe vhs collection
Hikma Pharma To Buy Generic Sterile Injectables Firm Custopharm …
WebFounded more than 40 years ago by Samih Darwazah, Hikma's purpose has always been to provide high-quality, affordable medicines to the people who need them. Based on the solid foundation we have built, we will continue to innovate and find practical solutions to transform the lives of the millions of people we serve. WebSep 27, 2024 · Hikma has agreed to acquire US sterile injectables specialist Custopharm in a deal that includes a $375m upfront purchase price and a further $50m in milestone … my babiee boys stroller