Specialty Pharma Industry Faces Tough Times; Wide-Moat Allergan Remains Our Top Pick
The specialty pharmaceuticals industry remains turbulent due to several industrywide headwinds--increasing customer buying power, more generic competition from a decline in the FDA backlog, fewer large patented drugs coming off patent, and rumors of collusion charges for some generic firms. In addition, the industry faces many company-specific self-inflicted wounds such as Valeant’s Philidor debacle, criticism of Mylan’s EpiPen price hikes, and Perrigo’s botched integration of Omega. With the ex...Hikma Pharmaceuticals is a pharmaceutical company engaged in developing, manufacturing, and marketing a range of branded and non-branded generic pharmaceutical products across the U.S., the Middle East and North Africa, and Europe. Co.'s business segments are: Injectables, which sells specialized generic injectable products, including sterile liquid, powder, lyophilized and cytotoxic products; Generics, which sells non-injectable generic products that include amoxicillin, buprenorphine, butalbital, acetaminophen and caffeine, colchicine, and fluticasone; and Branded products, which sells branded generics and in-licensed products including Amoclan®, Blopress®, Omnicef®, Prograf® and Suprax®.
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