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Hikma Offloads Troubled Ex-Boehringer Manufacturing Plants To Xellia

This article was originally published in Scrip

Executive Summary

Hikma Pharmaceuticals PLC is selling the manufacturing facilities previously owned by Ben Venue Laboratories, Inc based in Bedford, Ohio, to Xellia Pharmaceuticals. Hikma acquired the Ben Venue manufacturing assets from Boehringer Ingelheim in September 2014. This followed an agreement in May 2014 to acquire Ben Venue's generic injectables business, called Bedford Laboratories.

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