London, 24 May 2016 – Hikma Pharmaceuticals PLC (Hikma) (LSE: HIK) (NASDAQ Dubai: HIK) (OTC: HKMPY), (rated Ba1 Moody’s / BB+ S&P, both stable), the fast growing multinational pharmaceutical group, today announces that Michael Raya, Chief Executive Officer of West-Ward Pharmaceuticals, Hikma’s wholly-owned subsidiary in the US, will join the Board of Directors of the Generic Pharmaceutical Association (GPhA).
Michael Raya said:
“The GPhA’s Board and professional staff are terrific stewards of the industry. I am honored to add my voice to GPhA’s leadership on critical issues of medicine access and affordability.”
Chip Davis, President and CEO, GPhA, said:
“Michael Raya is a proven industry leader whose addition to our Board will accelerate our work with Congress, the FDA, stakeholders and others to ensure that generic drugs and biosimilars continue providing millions of Americans with safe, effective and more affordable alternatives to costly brand products.”
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: “Injectables”, “Branded” and “Generics”, based principally in the United States, the Middle East and North Africa (MENA) and Europe. Hikma currently employs over 7,000 staff members worldwide.
For further information and latest news updates, visit www.Hikma.com or contact:
Hana Darwazeh Ramadan
Tel: +962 6 580 2900
About West-Ward Pharmaceuticals
West-Ward Pharmaceuticals, a wholly-owned subsidiary of Hikma Pharmaceuticals PLC, is a top ten generic pharmaceutical company in the US focused on providing a broad range of differentiated generic pharmaceutical products across a range of dosage forms. West-Ward has sites in New Jersey, Ohio and Tennessee.
For further information on US-centric news, visit www.West-Ward.com or contact:
GPhA represents the manufacturers and distributors of finished generic pharmaceuticals, manufacturers and distributors of bulk pharmaceutical chemicals, and suppliers of other goods and services to the generic industry. Generic pharmaceuticals fill 88 percent of the prescriptions dispensed in the U.S. but consume just 28 percent of the total drug spending. Additional information is available at gphaonline.org. Follow us on twitter: @gpha.