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Hikma and Adalvo sign agreement to commercialise allergic rhinitis medication across MENA markets
Aug 27,2022 - Last updated at Aug 27,2022
Hikma Pharmaceuticals PLC. (Hikma), the multinational pharmaceutical company, announces an exclusive licensing agreement with Adalvo to commercialise a nasal spray medication used to treat an increasingly prevalent respiratory disease; allergic rhinitis (AR).
The exclusive licensing and supply agreement with Adalvo expands Hikma’s respiratory portfolio in MENA. The licensed product is a combination treatment in a single advanced delivery system that has proven efficacy and safety in treating patients with AR.
This medication will help more patients control their symptoms, with an advantage of a faster onset of action and fewer adverse effects. “Ourlatest agreement with Adalvo aligns with Hikma’s strategy of creating a well-diversified pipeline of high-value products, while further solidifying our commercial presence in MENA.
By partnering with a dynamic and progressive company like Adalvo, we are building on our ongoing commitment to offering patients access to high-quality respiratory medications that actively support their treatment journey towards better health,” said Mazen Darwazah, Hikma’s executive vice chairman and president of MENA.
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