Hikma sells certain parts Ben Venue manufacturing site Xellia

Hikma sells certain parts of Ben Venue manufacturing site to Xellia

4:15 AM, 26th November 2015
Hikma sells certain parts of Ben Venue manufacturing site to Xellia

LONDON, UK: Hikma Pharmaceuticals Plc said it has agreed to sell its manufacturing facilities previously owned by Ohio-based Ben Venue Laboratories to Xellia Pharmaceuticals.

Xellia has acquired substantial parts of the Ben Venue site, including four sterile injectable manufacturing plants which are not currently operational.

Hikma will retain the quality and development centre which has been integral to the tech transfer of the Bedford products to Hikma’s own manufacturing facilities.

“We are pleased to see that Xellia plans to restart commercial operations at the Ben Venue site, which will create jobs and further support the Bedford community,” said Darwazah, chairman and chief executive officer, Hikma.

Hikma acquired the Ben Venue assets from Boehringer Ingelheim in 2014, following its agreement to purchase the assets of Bedford Laboratories.

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