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HIK Hikma Pharmaceuticals Plc

1,819.00
1.00 (0.06%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hikma Pharmaceuticals Plc LSE:HIK London Ordinary Share GB00B0LCW083 ORD SHS 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.06% 1,819.00 1,819.00 1,821.00 1,832.00 1,813.00 1,825.00 396,909 16:35:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 2.88B 192M 0.8685 20.96 4.02B

Acorda Shares Fall as Court Denies Injunction Request in Patent Case -- Market Mover

25/07/2018 7:36pm

Dow Jones News


Hikma Pharmaceuticals (LSE:HIK)
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Acorda Therapeutics Inc. (ACOR) were down 14.8%, to $24.45, Wednesday afternoon as a federal appeals court denied the company's motion for an injunction in its patent litigation with generic drug companies. In 2017, after a district court upheld one patent for multiple sclerosis treatment Ampyra, but invalidated four others, Acorda said it would cut about 20% of its workforce. If the appeals court doesn't overturn the district court's decision by July 30, "multiple generic drug manufacturers may decide to launch at-risk generic versions of Ampyra," the company said in a filing. (josh.beckerman@wsj.com)

 

(END) Dow Jones Newswires

July 25, 2018 14:21 ET (18:21 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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