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Companies / Germany

Hikma Buys Into German Oncology Market

January 2007 | FDI Alert
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Jordanian drugmaker Hikma has announced that it is to acquire German oncology firm Ribosepharm in a deal worth US$45mn. This marks Hikma's second purchase in the last nine months after taking over the 52.5% of its Saudi Arabian subsidiary Al Jazeera Pharmaceuticals Industries (JPI) that it did not already control in April 2006.