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Hikma Seeks To Meet Demand For 503B Compounding In US

CEO Sets Out Strategy For Company’s New Sterile Injectable Compounding Unit

 
• By Dave Wallace

Hikma has set out its expectations for a “gradual ramp-up” of the 503B sterile injectable compounding business that it has launched in the US this month, with CEO Siggi Olafsson explaining in detail the strategic rationale for the new business.

Compounding bar chart growth green
Hikma expects a “gradual ramp-up” of the compounding business • Source: M-SUR / Alamy Stock Photo

Hikma’s new compounding business, Hikma 503B, is set to address an increasing need in the US market for compounded sterile injectable medications while at the same time taking advantage of the company’s existing expertise in injectables to enter a market worth more than $2bn, according to CEO Siggi Olafsson.

Launching the new outsourced sterile compounding business in mid-January, Hikma insisted that it would “build on the company’s expertise and...

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