Hikma Pharmaceuticals (HIK)

Sector:

Pharma and Biotech

Index:

FTSE 100

1,940.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 2,205.00p
  • 52 Week Low: 1,722.00p
  • Currency: UK Pounds
  • Shares Issued: 221.89m
  • Volume: 34,555
  • Market Cap: £4,304.57m
  • RiskGrade: 125

Hikma resumes US launch of 'Advair Diskus' generic

By Josh White

Date: Wednesday 21 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Hikma Pharmaceuticals has resumed the launch of its generic version of GlaxoSmithKline's 'Advair Diskus' in the United States, it announced on Wednesday, following Food and Drug Administration (FDA) approval of an amendment it submitted to its Abbreviated New Drug Application in January.
The FTSE 100 pharmaceuticals maker said the amendment reflected enhanced packaging controls to meet new industry standards adopted since its initial submission.

Hikma said it would immediately resume launch activities of its generic product for Advair Diskus, or fluticasone propionate and salmeterol inhalation powder, at 100mcg/50mcg and 250mcg/50mcg doses in the country.

"We appreciate the FDA's timely review and approval of our amendment and are now immediately resuming the launch of our high quality, substitutable generic version of Advair Diskus," said chief executive officer Siggi Olafsson.

"We are very pleased to improve availability of this critical medicine for patients and healthcare providers in the US."

At 0817 BST, shares in Hikma Pharmaceuticals were up 2.06% at 2,427p.

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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 1,940.00p
Change Today -1.00p
% Change -0.05 %
52 Week High 2,205.00p
52 Week Low 1,722.00p
Volume 34,555
Shares Issued 221.89m
Market Cap £4,304.57m
RiskGrade 125

HIK Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.99% below the market average50.99% below the market average50.99% below the market average50.99% below the market average50.99% below the market average
9.8% below the sector average9.8% below the sector average9.8% below the sector average9.8% below the sector average9.8% below the sector average
Price Trend
47.93% above the market average47.93% above the market average47.93% above the market average47.93% above the market average47.93% 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
8.77% above the market average8.77% above the market average8.77% above the market average8.77% above the market average8.77% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Growth
32.44% below the market average32.44% below the market average32.44% below the market average32.44% below the market average32.44% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% 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 26-Jun-2024

Time Volume / Share Price
11:21 32 @ 1,939.00p
11:16 22 @ 1,940.00p
11:15 55 @ 1,939.00p
11:13 138 @ 1,940.00p
11:13 12 @ 1,939.00p

HIK Key Personnel

CEO Riad Mishlawi

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