Hikma update on colchicine

Hikma update on colchicine

London, 10 October 2014 - Hikma Pharmaceuticals PLC ("Hikma") (LSE: HIK) (NASDAQ Dubai: HIK) (OTC: HKMPY), the fast growing multinational pharmaceutical group, today notes that the United States District Court for the District of Delaware has granted Takeda Pharmaceuticals U.S.A., Inc.'s ("Takeda") motion for a temporary restraining order in relation to further distribution of Hikma's FDA-approved colchicine 0.6mg capsules for the prophylaxis of gout flares, while the court considers Takeda's motion for a preliminary injunction. 

Hikma received FDA approval of its New Drug Application for colchicine 0.6mg capsules on 30 September 2014.

The litigation will continue later this month and Hikma will work constructively for a positive outcome.

--  ENDS  --

Hikma Pharmaceuticals PLC                                                      
Susan Ringdal, VP Corporate Strategy and Director of Investor Relations              +44 (0)20 7399 2760
Lucinda Henderson, Deputy Investor Relations Director                                               +44 (0)20 7399 2765

FTI Consulting                                                                                 
Ben Atwell/ Matthew Cole/ Julia Phillips                                                                             +44 (0)20 3727 1000

About Hikma
Hikma Pharmaceuticals PLC is a fast growing multinational group focused on developing, manufacturing and marketing a broad range of both branded and non-branded generic and in-licensed products.  Hikma operates through three businesses: "Branded", "Injectables" and "Generics", based principally in the Middle East and North Africa ("MENA"), where it is a market leader, the United States and Europe.  In 2013, Hikma achieved revenues of $1,365 million and profit attributable to shareholders of $212 million.

Suggested Articles

With a brand new approval for Adakveo under its belt, Novartis Sunday flaunted an analysis showing the drug could cut patient hospitalizations by 40%.

BeiGene only just won its first Brukinsa nod in MCL. But it’s already pushing to join the CLL field, and Sunday it rolled out more data.

How long can one infusion of CAR-T drug Yescarta continue helping patients with refractory large B-cell lymphoma? Pretty long, Gilead showed Saturday.