Hikma Pharmaceuticals USA is set to significantly expand its presence in the United States with a substantial $1 billion investment aimed at enhancing its domestic manufacturing and research and development capabilities by 2030. This strategic move underscores Hikma’s dedication to addressing the growing demand for affordable, high-quality generic medicines across the nation.
Since establishing its operations in the US in 1991, Hikma has invested over $4 billion in developing its R&D and manufacturing infrastructure. The company’s current facilities boast the capacity to produce more than 12 billion finished doses of essential medications annually, ensuring a robust supply to meet the healthcare needs of American patients and providers.
Expanding Domestic Capabilities
The new phase of investment, branded as “America Leans on Hikma,” will focus on broadening the company’s manufacturing and R&D sites located in Columbus and Cleveland, Ohio, as well as Cherry Hill and Dayton, New Jersey. This expansion aims to enhance Hikma’s extensive portfolio of over 800 medicines, ensuring a steady and reliable supply of high-demand generics to alleviate drug shortages and reduce healthcare costs.
Support from Political Leaders
The announcement was celebrated with the presence of key political figures, including US Representatives Mike Carey and Buddy Carter, who highlighted the importance of domestic drug production for national security and public health. Their support emphasizes the critical role that Hikma plays in maintaining the accessibility and affordability of essential medications for Americans.
• Hikma’s $1 billion investment will create numerous jobs in central Ohio and New Jersey.
• Increased manufacturing capacity is expected to significantly reduce drug shortages.
• Enhanced R&D efforts will lead to the development of new generic medicines, benefiting the wider healthcare system.
• The investment reinforces Hikma’s strong compliance record with US FDA standards, ensuring high-quality drug production.
Hikma’s commitment to expanding its US operations not only demonstrates its confidence in the American market but also highlights the company’s role in strengthening the local pharmaceutical landscape. By increasing its production capabilities, Hikma aims to provide more affordable medication options, thereby supporting the overall health and well-being of communities across the country.
The strategic investment by Hikma Pharmaceuticals ensures that essential generic medicines remain accessible and affordable for all Americans. This move not only addresses immediate healthcare needs but also positions Hikma as a pivotal player in the sustained growth and resilience of the US pharmaceutical industry. As Hikma continues to invest in domestic manufacturing and R&D, it paves the way for innovation and stability in the provision of life-saving medications, ultimately contributing to a healthier and more secure future for the nation.
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