Hikma Pharmaceuticals (OTCMKTS:HKMPF) is a multinational pharmaceutical company that develops, manufactures and markets a broad range of branded and non-branded generic medicines, specialty injectables and biosimilars. Founded in Amman, Jordan, in 1978 by Samih Darwazah, the company has grown from its regional beginnings into a global healthcare provider, focusing on delivering high-quality, affordable medicines across a variety of therapeutic areas including oncology, cardiology, pain management and antibiotics.
The company operates through three main business segments: Branded, Generic and Specialty injectables. Its Branded division offers patent-protected and off-patent prescription medicines under proprietary names, with a strong presence in the Middle East and North Africa. The Generic segment serves markets in the United States and Europe, providing a portfolio that spans oral solids, injectables and inhalation solutions. The Specialty injectables unit focuses on complex, sterile products used in hospital settings, targeting critical care, oncology and anaesthesia applications.
Hikma maintains a global footprint, with manufacturing sites in Jordan, Saudi Arabia, Italy, Portugal and the United States, and commercial operations in more than 50 countries. This geographic diversification allows the company to navigate varied regulatory environments and respond to regional healthcare challenges. Strategic acquisitions—such as the purchase of a U.S. injectable manufacturing facility and investments in biosimilar development—have further bolstered its capabilities and expanded its product pipeline.
Leadership at Hikma combines deep industry expertise with a commitment to research and development. Under the guidance of Chief Executive Officer Sigurdur Olafsson and an experienced board of directors, the company continues to invest in innovation, quality systems and strategic partnerships. Hikma’s sustained focus on operational excellence and market expansion positions it as a key player in providing accessible pharmaceutical solutions worldwide.
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