WebApr 21, 2024 · CHICAGO, April 21, 2024 /PRNewswire/ -- Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, announced today that it has completed the sale of its... WebThe up-front consideration of $375 million is on a cash-free, debt-free basis and is being funded from Hikma’s existing cash resources. The acquisition constitutes a Class 2 transaction pursuant to the UK Listing Rules. The gross assets of Custopharm at 31 December 2024 were $43 million. Losses before tax in the year to 31 December 2024 …
Custopharm Our Companies Water Street
WebApr 12, 2024 · Hikma, which means “wisdom” in Arabic, was founded in Jordan in 1978 and supplies various generic drugs including anaesthetics, pain medications, sedatives, neuromuscular blocking agents and anti-infectives. ... In April 2024, the company completed the acquisition of California-based Custopharm in a deal valued at $425 million, as part of ... WebApr 20, 2024 · 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 ... simpson bolts
U.S. FTC approves Hikma deal for Custopharm with conditions
WebCustopharm has a strong background in product development, manufacturing, and regulatory affairs (specifically as it relates to electronic submissions). On September 27th, 2024, Custopharm was acquired by Hikma Pharmaceuticals at a valuation between $375M and … WebSep 27, 2024 · Custopharm, a US-based generic sterile injectables company, is a growing business and Hikma expects it to generate full year 2024 revenue in excess of $80 million and for the acquisition to be ... WebSep 27, 2024 · Sept 27 (Reuters) - Hikma Pharmaceuticals (HIK.L) said on Monday it would buy U.S.-based sterile injectables firm Custopharm in a deal worth up to $425 million, as the generic medicines maker... simpson bolted holdown