Hikma gains exclusive rights for niche injectable anti-viral medicine
Hikma Pharmaceuticals (LSE: HIK) today announced an exclusive license, supply and distribution agreement between its wholly-owned subsidiary Hikma Pharmaceuticals International and Beijing Sciecure Pharmaceutical, a leading Chinese company that researches, develops and manufactures high-quality pharmaceutical products for global markets.
The agreement provides Hikma with exclusive rights to sell one of Sciecure’s niche injectable anti-viral medicines across the US for a minimum of eight years, with an option to extend this partnership for an additional two years. Sciecure expects to file this product for approval with the US Food and Drug Administration in early 2019.
“We are thrilled to partner with Sciecure, an innovative and vertically integrated company capable of producing high-quality products across the pharmaceutical spectrum from API to finished doses,” said Daniel Motto, Hikma’s executive vice president of commercial and business development.
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