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Arab Pharmaceutical Manufacturing

Field	Value
name	Arab Pharmaceutical Manufacturing
logo	ARAB PHARMACEUTICAL MANUFACTURING LOGO.jpg
type	Public company
industry	Healthcare
foundation
defunct
fate	Acquired
successor	Hikma Pharmaceuticals
location_city	Amman
location_country	Jordan
key_people	Issam Hamdi Saket (Managing Director)
products	Pharmaceuticals
homepage

The Arab Pharmaceutical Manufacturing Company (APM) was a Jordanian pharmaceuticals and healthcare company based in Amman. It was acquired by Hikma Pharmaceuticals in 2007.

History

APM was founded in 1962 and it operated two main production facilities, in Al Salalem and Al-Buhayra. APM produced dozens of pharmaceutical products. The company was acquired by Hikma Pharmaceuticals in 2007, but continued to operate under the APM brand until 2017.

While it was operating, APM was listed on the Amman Stock Exchange's ASE Weighted Index.

Operations

As well as supplying the local market in Jordan, APM was active in the export market and exported medicines to Saudi Arabia, Europe and the United States. The company worked with various international partners, including Japan's Takeda Pharmaceutical Company.

References

(September 23, 2010). "Evolving Towards IP-Fueled Innovation". World Intellectual Property Organization.
(June 2024)
(December 11, 2007). "Hikma says APM buy to be earnings accretive in 2008". Reuters.
(December 17, 2007). "Jordan's Hikma to buy APM for $164M". The Phama Letter.

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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