London, 26 February 2015 - Hikma Pharmaceuticals PLC ("Hikma") (LSE: HIK) (NASDAQ Dubai: HIK) (OTC: HKMPY), the fast growing multinational pharmaceutical group, today announces the signing of an exclusive license agreement with specialty pharmaceutical company Azanta A/S for its proprietary cancer product Nimoral (nimorazole). Nimoral is a hypoxic radiosensitizer to enhance the effect of radiotherapy in head and neck cancer patients. The product is currently in Phase 3 clinical development and is being made available under named patient programs throughout the world.

Under the terms of the agreement, Hikma will have the exclusive rights to register, manufacture, distribute and market Nimoral in 20 markets in the MENA region including Turkey, leveraging Hikma's strong local presence and regulatory expertise, with over 1,800 sales and marketing reps across the region.

Mazen Darwazah, Hikma's Vice Chairman and CEO of MENA and Emerging Markets said, "Hikma is committed to improving the treatment of cancer in the MENA region through the development of our oncology product portfolio.  This partnership gives us access to a novel, oral anticancer treatment with excellent potential and reinforces our commitment to growing our portfolio through strong partnerships.  We look forward to the Phase 3 results for Nimoral and we are very pleased to be working with Azanta to bring this critically needed therapy to the MENA region."

Dr. Claus Møller, Chief Executive Officer of Azanta, commented: "We are very pleased to enter this significant agreement with Hikma.  We believe Hikma will be an excellent partner for us for Nimoral in the MENA region, which has a population of more than 380 million people or 6% of the world population.  We will immediately begin transferring our technology to Hikma to enable them to provide Nimoral to patients in MENA."

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About Hikma
Hikma Pharmaceuticals PLC is a fast growing pharmaceutical group focused on developing, manufacturing and marketing a broad range of both branded and non-branded generic and in-licensed products.  Hikma's operations are conducted through three businesses: "Branded", "Injectables" and "Generics" based primarily in the Middle East and North Africa ("MENA") region, where it is a market leader, the United States and Europe.  In 2013, Hikma achieved revenues of $1,365 million and profit attributable to shareholders of $212 million.

About Azanta A/S
Azanta A/S is a privately owned Danish specialty pharma company primarily operating within oncology, women´s health and addiction medicine.  The vision of Azanta A/S is to become an international market leader within specialty pharma products and innovative pharmaceutical products.  Azanta A/S currently markets or makes available a string of specialty pharmaceutical products, including Nimoral, a hypoxic radiosensitizer for the treatment of head and neck cancer patients undergoing primary radiotherapy, and Angusta for labour induction.  In addition, Azanta A/S has a portfolio of low risk development projects for commercialisation within the near future.www.azanta.com.

Enquiries:

Hikma Pharmaceuticals PLC
Susan Ringdal, VP Corporate
Strategy and Directors
of Investor Relations
+44 (0)20 7399 2760/ +44 7776 477050
Lucinda Henderson, Deputy
Director of Investor Relations
+44 (0)20 7399 2765/ +44 7818 060211
FTI Consulting
Ben Atwell/ Matthew Cole/ Julia Phillips +44 (0)20 3727 1000
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