Hikma has set out fresh growth forecasts for its injectables business after completing its acquisition of Custopharm. Meanwhile, a slow start to the year for the firm’s generics business amid a “challenging pricing environment” is expected to be followed by higher revenues towards the end of the year.
Hikma says it now expects to achieve global injectables sales growth “in the mid to high-single digits” in 2022, up from previous guidance of low to mid-single digits, after completing its acquisition of Custopharm.
Meanwhile, core operating margin for the year is to be “in the range of 36% to 37%, up from 35%...
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