Acquiring Company
Hikma Pharmaceuticals
Acquired Company
Novugen
Ohio
United Arab EmiratesManufacturingBiotechnologyHealth CarePharmaceuticalBiotechnologyHealth CareDescription
Hikma Pharmaceuticals has acquired the FDA-approved ANDA for trametinib from Novugen. This acquisition allows Hikma to enhance its US product pipeline and market presence in oncology treatments. Hikma will be responsible for US sales and marketing, while Novugen will manufacture the product. The move is part of Hikma's strategy to expand access to essential medicines.
Quick answer
Hikma Pharmaceuticals is acquiring Novugen, announced April 17, 2025. Hikma Pharmaceuticals is based in Ohio, United States.
- How much did Hikma Pharmaceuticals pay for Novugen?
- The deal value was not disclosed.
- What does Hikma Pharmaceuticals do?
- Hikma Pharmaceuticals is a leading player in the U.S. generic drug market.
- Where are Hikma Pharmaceuticals and Novugen based?
- Hikma Pharmaceuticals is based in Ohio, United States. Novugen is based in United Arab Emirates.
- Who are the decision-makers at Hikma Pharmaceuticals?
- Fundz holds 3 contacts at Hikma Pharmaceuticals. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Pharmaceutical and Manufacturing
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- AbbVie to acquire Cerevel Therapeutics for $45 per share (May 28, 2025)
- AbbVie to acquire Cerevel for $45 per share (April 15, 2025)
- AbbVie acquires Cerevel Therapeutics for $45 per share (March 31, 2025)
- Roquette acquires IFF Pharma Solutions for growth (May 5, 2025)
- Granules India acquires Senn Chemicals AG (April 11, 2025)
- Lupin acquires UK-based Renascience Pharma (April 3, 2025)
Who to call at Hikma Pharmaceuticals, and when
When Hikma Pharmaceuticals changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Hikma Pharmaceuticals raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Hikma Pharmaceuticals, from your own LinkedIn network
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Frequently asked
Who acquired Novugen?
Novugen was acquired by Hikma Pharmaceuticals, based in Ohio. The deal was reported on April 17, 2025. Hikma Pharmaceuticals is a leading player in the U.S. generic drug market. Hikma Pharmaceuticals is privately held and operates in Manufacturing.
When did Hikma Pharmaceuticals acquire Novugen?
Hikma Pharmaceuticals's acquisition of Novugen was reported on April 17, 2025. Hikma Pharmaceuticals has acquired the FDA-approved ANDA for trametinib from Novugen. This acquisition allows Hikma to enhance its US product pipeline and market presence in oncology treatments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Novugen do?
Novugen is a wholly owned subsidiary of SciTech International, with over 30 years of expertise in the healthcare industry. The company focuses on innovative healthcare solutions and aims to ensure the availability of effective oncology treatments. It is privately held, operating in Biotechnology, and is based in United Arab Emirates.
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