Hikma wins right to market Roche drug copy in Middle East and North Africa [Reuters]
HIKMA PHARMS PLC S/ADR (HKMPY)
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Source: Reuters
Hikma wins right to market Roche drug copy in Middle East and North Africa | Reuters Reuters Staff 2 Min Read (Reuters) - Hikma Pharmaceuticals Plc has won exclusive rights to distribute and market its third biosimilar drug - a copy of Roche’s blood cancer treatment Rituxanin - in the Middle East and North African markets, it said on Tuesday. The Jordan-based drugmaker agreed on the licensing deal with Celltrion to market the South Korea-based biopharmaceutical firm’s Truxima, a copy of Roche’s blockbuster blood cancer medicine, also known as MabThera. Truxima, the first biosimilar cancer drug to hit the European market in February, is used to treat patients with non-Hodgkin’s lymphoma, chronic lymphocytic leukemia, rheumatoid arthritis and microscopic polyangiitis. Hikma, which makes and markets branded and non-branded generic and injectable drugs in more than 50 countries including Britain, has been hit by higher pricing pressures in the generic industry and has lowered revenue fore
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