REG - Hikma Pharmaceutical - FTC preliminary approval for Custopharm

Hikma PharmaceuticalsAnnouncement

20/04/2022 07:00

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RNS Number : 6696I  Hikma Pharmaceuticals Plc  20 April 2022

London, 20 April 2022 - Hikma Pharmaceuticals PLC (Hikma, Group), the
multinational pharmaceutical group, today confirms it has received preliminary
approval from the US Federal Trade Commission (FTC) and will now work towards
closing its acquisition of Custopharm Inc. from Water Street Healthcare
Partners, as previously announced on 27 September 2021. The parties have now
obtained all regulatory approvals required to close the transaction. Hikma
will make a further announcement upon the close of the transaction.

 

 

- ENDS -

 

Enquiries:

Hikma (Investors):

 Susan Ringdal                                +44 (0)20 7399 2760/ +44 (0)7776 477050

 EVP, Strategic Planning and Global Affairs
 Guy Featherstone                             +44 (0)20 3892 4389/ +44 (0)7795 896738

 Senior Investor Relations Manager
 Layan Kalisse                                +44 (0)20 7399 2788/ +44 (0)7970 709912

 Investor Relations Analyst

 

Teneo (Press):
 

 Charles Armitstead/Camilla Cunningham  +44 (0)7703 330 269/ +44 (0)7464 982426

 US Media

 Steven Weiss/David Belian

                                        +1 732 788 8279/ +1 848 254 4875

About Hikma
(LSE: HIK) (NASDAQ Dubai: HIK) (OTC: HKMPY) (rated BBB-/stable S&P and
BBB-/stable Fitch)

Hikma helps put better health within reach every day for millions of people
around the world. For more than 40 years, we've been creating high-quality
medicines and making them accessible to the people who need them.
Headquartered in the UK, we are a global company with a local presence across
the United States (US), the Middle East and North Africa (MENA) and Europe,
and we use our unique insight and expertise to transform cutting-edge science
into innovative solutions that transform people's lives. We're committed to
our customers, and the people they care for, and by thinking creatively and
acting practically, we provide them with a broad range of branded and
non-branded generic medicines. Together, our 8,700 colleagues are helping to
shape a healthier world that enriches all our communities. We are a leading
licensing partner, and through our venture capital arm, are helping bring
innovative health technologies to people around the world. For more
information, please visit: www.hikma.com
(https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2531421-1%26h%3D3823969217%26u%3Dhttp%253A%252F%252Fwww.hikma.com%252F%26a%3Dwww.hikma.com&data=02%7C01%7Csweiss%40Hikma.com%7C4a35048c8c764c63c86308d70efbac9e%7C178c1a723d3c40afbaa754615303bcdc%7C0%7C1%7C636994346427346162&sdata=lHZaoOb0u30Y6re6yfLW1Ar4vvBS%2FnjEUNdB00TBaTI%3D&reserved=0)

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