Hikma Searches For Strategic ‘Fourth Leg’

Considering Deals For Specialty Or Biologic Injectables

To secure long-term growth, Hikma CEO Siggi Olafsson is seeking to add a fourth strategic pillar to its global generic Injectables, US non-injectable Generics and Middle East and North Africa Branded business segments.

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Hikma's CEO Siggi Olafsson is looking to add a 'fourth leg' to the group's offering • Source: Shutterstock

Hikma Pharmaceuticals is considering merger and acquisition opportunities in specialty and biologic injectables as it seeks to secure long-term growth, CEO Siggi Olafsson told delegates to the Jefferies Healthcare Conference 2019 in London, UK.

“We need a fourth leg to the stool,” he stated. “I have three legs now, with our US non-injectable Generics,...

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