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Pin to quick picksHikma Pharmaceuticals Share News (HIK)

Share Price Information for Hikma Pharmaceuticals (HIK)

London Stock Exchange
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Share Price: 1,930.00
Bid: 1,933.00
Ask: 1,935.00
Change: 17.00 (0.89%)
Spread: 2.00 (0.103%)
Open: 1,922.00
High: 1,936.00
Low: 1,904.00
Prev. Close: 1,913.00
HIK Live PriceLast checked at -

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US court dismisses Takeda's claims against Hikma Pharmaceuticals

Thu, 19th May 2016 13:49

(ShareCast News) - The US District Court for the district of Delaware has dismissed claims made by Takeda Pharmaceuticals USA against Hikma Pharmaceuticals and its wholly-owned US subsidiary West-Ward Pharmaceutical.Takeda had alleged the infringement of patents covering methods of use of its colchicine product, Colcrys.Since January 2015, Hikma has been marketing its own colchicine product under the brand name Mitigare, and selling an authorised generic, increasing patient access to the product in the US.Chairman and chief executive Said Darwazah said: "This is a successful outcome and demonstrates our commitment to bringing more differentiated products to the US market."At 1405 BST, Hikma shares were down 1.3% to 2,236p.
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UPDATE 2-FTSE 100 reverses course on high bond yields, Stanchart leads losses

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