Hikma Pharmaceuticals (HIK)

Sector:

Pharma and Biotech

Index:

FTSE 100

1,891.00p
   
  • Change Today:
      16.00p
  • 52 Week High: 2,205.00
  • 52 Week Low: 1,722.00
  • Currency: UK Pounds
  • Shares Issued: 221.89m
  • Volume: 414,106
  • Market Cap: £4,195.85m
  • RiskGrade: 125

Hikma wins US patent case

By Iain Gilbert

Date: Tuesday 31 Mar 2020

LONDON (ShareCast) - (Sharecast News) - Generic drugmaker Hikma Pharmaceuticals said on Tuesday that the US District Court of Nevada had ruled that its version of Amarin Corporation's Vascepa did not infringe six patents.
Hikma said the court had ruled in its favour as the patents related to its generic 1gm capsules were held to be invalid.

The FTSE 100 company said it was now working closely with the US Food and Drug Administration to gain approval for its Abbreviated New Drug Application for the generic version of Vascepa and was also evaluating options for launching the product following FDA approval, including an at-risk launch in the event of an appeal of the District Court's decision.

Brian Hoffmann, Hikma's president of generics, said: "We are very pleased with the District Court's decision, which demonstrates our continued ability to successfully litigate to bring greater value to our customers and patients in the US.

"We look forward to providing patients and health care providers in the US with a generic version of this important medicine."

As of 0840 BST, Hikma shares were up 3.95% at 2,042p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HIK Market Data

Currency UK Pounds
Share Price 1,891.00p
Change Today 16.00p
% Change 0.85 %
52 Week High 2,205.00
52 Week Low 1,722.00
Volume 414,106
Shares Issued 221.89m
Market Cap £4,195.85m
RiskGrade 125

HIK Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.07% below the market average48.07% below the market average48.07% below the market average48.07% below the market average48.07% below the market average
1.96% above the sector average1.96% above the sector average1.96% above the sector average1.96% above the sector average1.96% above the sector average
Price Trend
44.88% above the market average44.88% above the market average44.88% above the market average44.88% above the market average44.88% above the market average
69.81% above the sector average69.81% above the sector average69.81% above the sector average69.81% above the sector average69.81% above the sector average
Income
11.05% above the market average11.05% above the market average11.05% above the market average11.05% above the market average11.05% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Growth
31.5% below the market average31.5% below the market average31.5% below the market average31.5% below the market average31.5% below the market average
39.39% below the sector average39.39% below the sector average39.39% below the sector average39.39% below the sector average39.39% below the sector average

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 4
Sell 1
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HIK Dividends

  Latest Previous
  Final Interim
Ex-Div 21-Mar-24 10-Aug-23
Paid 03-May-24 15-Sep-23
Amount 47.00¢ 25.00¢

Trades for 28-Jun-2024

Time Volume / Share Price
16:37 2,829 @ 1,891.00p
16:35 2,539 @ 1,891.00p
16:35 294 @ 1,891.00p
16:35 273,431 @ 1,891.00p
16:35 300 @ 1,891.00p

HIK Key Personnel

CEO Riad Mishlawi

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