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Xellia Pharmaceuticals

Full company profile

uuid0008npp

Namestring
Xellia Pharmaceuticals
Legal namestring
Xellia Pharmaceuticals ApS
Websiteurl
xellia.com
Company typeenum
Private
Founded yearint
1903
Descriptiontext

Xellia Pharmaceuticals is a specialty pharmaceutical manufacturer founded in 1903 and headquartered in Copenhagen, Denmark. The company develops, manufactures, and supplies fermentation-based, non-beta-lactam anti-infective active pharmaceutical ingredients (APIs) and finished dosage forms (FDFs). It has been wholly owned by Novo Holdings A/S, the investment company of the Novo Nordisk Foundation, since the May 2013 acquisition from the previous owners.

The company's product portfolio spans established anti-infective APIs including Amphotericin B, Bacitracin, Colistimethate sodium, Daptomycin, Gramicidin, Polymyxin B, Tobramycin, Tyrothricin, and Vancomycin, together with finished vial products in Colistimethate sodium, Daptomycin, and Polymyxin B. Manufacturing relies on industrial-scale microbial fermentation and downstream processing across approximately ten global sites — including Copenhagen (HQ and manufacturing), Budapest, Taizhou (under a joint venture with Hisun), and an R&D center in Oslo — supported by EU GMP, US FDA, Japanese DMF, and other multi-jurisdictional regulatory certifications. The pipeline is reported to include Dalbavancin and Fidaxomicin.

Xellia operates a B2B supplier model, selling APIs and FDFs to more than 500 pharmaceutical companies across roughly 80 countries. Revenue is generated through volume-based sales of regulated anti-infective inputs under long-cycle qualification contracts; the company does not publicly disclose revenue. In 2024 management announced a strategic shift away from the integrated API+FDF model toward a specialized fermentation-based API manufacturer, divesting the Bedford, Ohio facility to Hikma Pharmaceuticals for $135 million and a select portfolio package to Hikma for up to $185 million in additional consideration.

Short descriptiontext

Xellia Pharmaceuticals, founded in 1903 and headquartered in Copenhagen, Denmark, manufactures fermentation-based non-beta-lactam anti-infective APIs and finished dosage forms for generic and branded drug manufacturers globally, under Novo Holdings A/S ownership.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersCopenhagen, Denmark
HQ citystring
Copenhagen
HQ countrystring
Denmark
HQ regionstring
Europe
Markets served

Serves global market

Offices11 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
anti-infective APIs, pharmaceutical contract manufacturing, fermentation-based API production, active pharmaceutical ingredients, sterile injectable manufacturing
Industry1 code
PRIMARYHLAIABAH
Generic Finished Dosage Form (FDF) Manufacturing
NAICS code2 codes
  • Pharmaceutical Preparation Manufacturing325412
  • Pharmaceutical and Medicine Manufacturing3254
SIC code2 codes
  • Pharmaceutical Preparations2834
  • Medicinal Chemicals & Botanical Products2833
Product category
Specialty Pharmaceutical Manufacturing
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Active Pharmaceutical Ingredients (APIs)
TypeOne Time License
Description

Xellia manufactures and supplies fermentation-based non-beta-lactam anti-infective APIs including amphotericin B, bacitracin, colistimethate sodium, daptomycin, vancomycin, polymyxin B, tobramycin, and others to pharmaceutical companies globally.

xellia.com
2Finished Dosage Forms (FDFs)
TypeOne Time License
Description

Specialized injectable finished dosage forms including lyophilized vials and dry-filled vials for critical care anti-infectives such as colistimethate sodium, daptomycin, and polymyxin B.

xellia.com
3Pipeline Products (Dalbavancin, Fidaxomicin)
TypeLicensing Royalties
Description

Development and potential future commercialization of pipeline products including Dalbavancin (US DMF submitted) and Fidaxomicin (under registration in Europe).

xellia.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Pricing details1 tier
1B2B pharmaceutical API and FDF supply contracts
ModelOtherBilling cadenceMulti-year contract
Notes

Pricing is determined through direct sales engagement with pharmaceutical company partners. No public pricing available as this is B2B supply.

xellia.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Xellia Pharmaceuticals is a global specialty pharmaceutical manufacturer specializing in fermentation-based non-beta-lactam anti-infective Active Pharmaceutical Ingredients (APIs) and Finished Dosage Forms (FDFs). The company supplies essential antibiotics and antifungals such as amphotericin B, colistimethate sodium, daptomycin, vancomycin, and polymyxin B to more than 500 pharmaceutical companies across 80 countries. EU-based production and 120+ years of uninterrupted supply form the operational backbone of the offering.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Supplies APIs and finished dosage forms to over 500 pharmaceutical companies across 80 countries
+1 more record
Product overview1 text field

Xellia Pharmaceuticals is a global leader in fermentation-based non-beta-lactam anti-infectives, offering a portfolio of Active Pharmaceutical Ingredients (APIs) and Finished Dosage Forms (FDFs). The company's API portfolio includes Amphotericin B (antifungal), Bacitracin/Bacitracin zinc (polypeptide antibiotics), Colistimethate sodium (polymyxin), Daptomycin (lipopeptide), Gramicidin (polypeptide), Polymyxin B sulfate, Tobramycin sulfate (aminoglycoside), Tyrothricin, and Vancomycin hydrochloride (multiple manufacturing sites: Budapest, Copenhagen, Taizhou). The FDF portfolio includes injectable products such as Colistimethate sodium (dry-filled and lyophilized vials), Daptomycin vials, Daptomycin RT vials, and Polymyxin B vials. The pipeline includes Dalbavancin (US DMF submitted) and Fidaxomicin (under registration in Europe). Xellia supplies APIs and finished dosage forms to more than 500 pharmaceutical companies across 80 countries, with EU-based manufacturing operations and a focus on last-line-of-defence anti-infectives for serious and life-threatening infections.

Product and service1 record
1Amphotericin B
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Hikma acquired Xellia's Bedford, Ohio injectable manufacturing facility in 2024 for $135 million, with additional portfolio acquisition of up to $185 million. Hikma is expanding the facility with a $267 million investment creating 350 jobs, targeting full commercial production by 2028.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Sandoz is the world's largest generics manufacturer and a major supplier of anti-infective APIs and finished dosage forms, including antibiotics. Multiple Xellia C-suite executives (CEO, CBO, CFO) came from Sandoz's anti-infectives and B2B businesses, making it the most directly comparable peer in product portfolio and customer base.

TypeDirect peer
Description

Centrient is a Dutch-headquartered specialty manufacturer of fermentation-based beta-lactam and non-beta-lactam antibiotic APIs, with a focus on sustainable enzymatic and fermentation processes. It competes head-to-head with Xellia in the same anti-infective API category and serves similar pharmaceutical customers globally.

TypeDirect peer
Description

ACS Dobfar is an Italian API manufacturer specializing in cephalosporins and other fermentation-derived antibiotics, with integrated sterile injectable capabilities. It competes directly with Xellia in fermentation-based anti-infective APIs and injectable finished dosage forms for regulated markets.

TypeDirect peer
Description

Hisun is Xellia's joint venture partner at the Taizhou manufacturing site and a major Chinese API manufacturer with a strong anti-infective portfolio including vancomycin. It is both a partner and a direct competitor in global antibiotic API markets.

TypeBroad incumbent
Description

Hikma is a multinational generic pharmaceutical company with a substantial injectables franchise. It acquired Xellia's Bedford facility and injectable portfolio for up to $320M in 2024, making it a direct downstream competitor in injectable anti-infectives and a strategic counterpart in Xellia's recent refocusing.

TypeBroad incumbent
Description

Aurobindo is one of the largest Indian generic pharmaceutical manufacturers with extensive API and finished dosage form capabilities across antibiotics. It competes with Xellia across multiple anti-infective molecules and offers cost-competitive alternatives to Western API suppliers.

TypeBroad incumbent
Description

Shionogi is a Japanese pharmaceutical company with a leading anti-infectives franchise including established antibiotic franchises. It operates in the same anti-infective therapeutic space and competes for global pharmaceutical customers seeking quality-assured antibiotic APIs and finished forms.

TypeBroad incumbent
Description

Teva is the world's largest generic drug manufacturer with a broad anti-infective portfolio spanning APIs and finished forms. While not focused exclusively on anti-infectives, it overlaps with Xellia in supplying generic antibiotic APIs and finished dosage forms to global pharmaceutical customers.

TypeBroad incumbent
Description

Viatris is a major global generics and specialty pharmaceutical company formed from Mylan and Upjohn, with significant anti-infective capabilities including injectable antibiotics. It serves many of the same 500+ pharmaceutical company customers as Xellia across multiple geographies.

TypeBroad incumbent
Description

Cipla is a leading Indian pharmaceutical manufacturer with a strong anti-infective and respiratory portfolio, including APIs and finished dosage forms. It competes with Xellia across multiple anti-infective molecules, particularly in emerging markets and via cost-competitive API supply.

Market position
Strengths1 record

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance17 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Xellia Pharmaceuticals

Specialty Pharmaceutical Manufacturingxellia.com

Xellia Pharmaceuticals, founded in 1903 and headquartered in Copenhagen, Denmark, manufactures fermentation-based non-beta-lactam anti-infective APIs and finished dosage forms for generic and branded drug manufacturers globally, under Novo Holdings A/S ownership.

What Xellia Pharmaceuticals does

Xellia Pharmaceuticals is a specialty pharmaceutical manufacturer founded in 1903 and headquartered in Copenhagen, Denmark. The company develops, manufactures, and supplies fermentation-based, non-beta-lactam anti-infective active pharmaceutical ingredients (APIs) and finished dosage forms (FDFs). It has been wholly owned by Novo Holdings A/S, the investment company of the Novo Nordisk Foundation, since the May 2013 acquisition from the previous owners.

The company's product portfolio spans established anti-infective APIs including Amphotericin B, Bacitracin, Colistimethate sodium, Daptomycin, Gramicidin, Polymyxin B, Tobramycin, Tyrothricin, and Vancomycin, together with finished vial products in Colistimethate sodium, Daptomycin, and Polymyxin B. Manufacturing relies on industrial-scale microbial fermentation and downstream processing across approximately ten global sites — including Copenhagen (HQ and manufacturing), Budapest, Taizhou (under a joint venture with Hisun), and an R&D center in Oslo — supported by EU GMP, US FDA, Japanese DMF, and other multi-jurisdictional regulatory certifications. The pipeline is reported to include Dalbavancin and Fidaxomicin.

Xellia operates a B2B supplier model, selling APIs and FDFs to more than 500 pharmaceutical companies across roughly 80 countries. Revenue is generated through volume-based sales of regulated anti-infective inputs under long-cycle qualification contracts; the company does not publicly disclose revenue. In 2024 management announced a strategic shift away from the integrated API+FDF model toward a specialized fermentation-based API manufacturer, divesting the Bedford, Ohio facility to Hikma Pharmaceuticals for $135 million and a select portfolio package to Hikma for up to $185 million in additional consideration.

Xellia Pharmaceuticals firmographics

Firmographics
Name
Xellia Pharmaceuticals
Legal name
Xellia Pharmaceuticals ApS
Website
https://xellia.com
Company type
Private
Founded year
1903
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Xellia Pharmaceuticals, founded in 1903 and headquartered in Copenhagen, Denmark, manufactures fermentation-based non-beta-lactam anti-infective APIs and finished dosage forms for generic and branded drug manufacturers globally, under Novo Holdings A/S ownership.
Ownership category
akta.pro rank

Xellia Pharmaceuticals industry classification

Industry
Product category
Specialty Pharmaceutical Manufacturing
NAICS
Pharmaceutical Preparation Manufacturing (325412), Pharmaceutical and Medicine Manufacturing (3254)
SIC
Pharmaceutical Preparations (2834), Medicinal Chemicals & Botanical Products (2833)
akta.pro industry
PRIMARYHLAIABAH
Generic Finished Dosage Form (FDF) Manufacturing

Keywords

  • Anti-infective APIs
  • Pharmaceutical contract manufacturing
  • Fermentation-based API production
  • Active pharmaceutical ingredients
  • Sterile injectable manufacturing

Where Xellia Pharmaceuticals is headquartered

Location

Headquarters

HQ city
Copenhagen
HQ country
Denmark
HQ region
Europe

Offices11 records

Markets served

Xellia Pharmaceuticals business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. Active Pharmaceutical Ingredients (APIs): Xellia manufactures and supplies fermentation-based non-beta-lactam anti-infective APIs including amphotericin B, bacitracin, colistimethate sodium, daptomycin, vancomycin, polymyxin B, tobramycin, and others to pharmaceutical companies globally.
  2. Finished Dosage Forms (FDFs): Specialized injectable finished dosage forms including lyophilized vials and dry-filled vials for critical care anti-infectives such as colistimethate sodium, daptomycin, and polymyxin B.
  3. Pipeline Products (Dalbavancin, Fidaxomicin): Development and potential future commercialization of pipeline products including Dalbavancin (US DMF submitted) and Fidaxomicin (under registration in Europe).

Pricing tiers

ModelBillingPrice
OtherMulti-year contractB2B pharmaceutical API and FDF supply contracts

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Xellia Pharmaceuticals product offering

Product offering

Core offering

Xellia Pharmaceuticals is a global specialty pharmaceutical manufacturer specializing in fermentation-based non-beta-lactam anti-infective Active Pharmaceutical Ingredients (APIs) and Finished Dosage Forms (FDFs). The company supplies essential antibiotics and antifungals such as amphotericin B, colistimethate sodium, daptomycin, vancomycin, and polymyxin B to more than 500 pharmaceutical companies across 80 countries. EU-based production and 120+ years of uninterrupted supply form the operational backbone of the offering.

Product overview

Xellia Pharmaceuticals is a global leader in fermentation-based non-beta-lactam anti-infectives, offering a portfolio of Active Pharmaceutical Ingredients (APIs) and Finished Dosage Forms (FDFs). The company's API portfolio includes Amphotericin B (antifungal), Bacitracin/Bacitracin zinc (polypeptide antibiotics), Colistimethate sodium (polymyxin), Daptomycin (lipopeptide), Gramicidin (polypeptide), Polymyxin B sulfate, Tobramycin sulfate (aminoglycoside), Tyrothricin, and Vancomycin hydrochloride (multiple manufacturing sites: Budapest, Copenhagen, Taizhou). The FDF portfolio includes injectable products such as Colistimethate sodium (dry-filled and lyophilized vials), Daptomycin vials, Daptomycin RT vials, and Polymyxin B vials. The pipeline includes Dalbavancin (US DMF submitted) and Fidaxomicin (under registration in Europe). Xellia supplies APIs and finished dosage forms to more than 500 pharmaceutical companies across 80 countries, with EU-based manufacturing operations and a focus on last-line-of-defence anti-infectives for serious and life-threatening infections.

Differentiator

Problem solved

Functional benefit

Products and services

  • Amphotericin B

Quantifiable outcome

  • Supplies APIs and finished dosage forms to over 500 pharmaceutical companies across 80 countries
  • +1 more outcomes

Companies that use Xellia Pharmaceuticals

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Xellia Pharmaceuticals technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Xellia Pharmaceuticals partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Hikma PharmaceuticalsminorStrategic or Co-development PartnerHikma acquired Xellia's Bedford, Ohio injectable manufacturing facility in 2024 for $135 million, with additional portfolio acquisition of up to $185 million. Hikma is expanding the facility with a $267 million investment creating 350 jobs, targeting full commercial production by 2028.

Scale indicators5 records

Recent moves8 records

Expansion highlights4 records

Xellia Pharmaceuticals competitors and assessment

Company assessment

Direct peers

  • Sandoz: Sandoz is the world's largest generics manufacturer and a major supplier of anti-infective APIs and finished dosage forms, including antibiotics. Multiple Xellia C-suite executives (CEO, CBO, CFO) came from Sandoz's anti-infectives and B2B businesses, making it the most directly comparable peer in product portfolio and customer base.
  • Centrient Pharmaceuticals: Centrient is a Dutch-headquartered specialty manufacturer of fermentation-based beta-lactam and non-beta-lactam antibiotic APIs, with a focus on sustainable enzymatic and fermentation processes. It competes head-to-head with Xellia in the same anti-infective API category and serves similar pharmaceutical customers globally.
  • ACS Dobfar: ACS Dobfar is an Italian API manufacturer specializing in cephalosporins and other fermentation-derived antibiotics, with integrated sterile injectable capabilities. It competes directly with Xellia in fermentation-based anti-infective APIs and injectable finished dosage forms for regulated markets.
  • Zhejiang Hisun Pharmaceutical: Hisun is Xellia's joint venture partner at the Taizhou manufacturing site and a major Chinese API manufacturer with a strong anti-infective portfolio including vancomycin. It is both a partner and a direct competitor in global antibiotic API markets.

Broad incumbents

  • Hikma Pharmaceuticals: Hikma is a multinational generic pharmaceutical company with a substantial injectables franchise. It acquired Xellia's Bedford facility and injectable portfolio for up to $320M in 2024, making it a direct downstream competitor in injectable anti-infectives and a strategic counterpart in Xellia's recent refocusing.
  • Aurobindo Pharma: Aurobindo is one of the largest Indian generic pharmaceutical manufacturers with extensive API and finished dosage form capabilities across antibiotics. It competes with Xellia across multiple anti-infective molecules and offers cost-competitive alternatives to Western API suppliers.
  • Shionogi: Shionogi is a Japanese pharmaceutical company with a leading anti-infectives franchise including established antibiotic franchises. It operates in the same anti-infective therapeutic space and competes for global pharmaceutical customers seeking quality-assured antibiotic APIs and finished forms.
  • Teva Pharmaceutical Industries: Teva is the world's largest generic drug manufacturer with a broad anti-infective portfolio spanning APIs and finished forms. While not focused exclusively on anti-infectives, it overlaps with Xellia in supplying generic antibiotic APIs and finished dosage forms to global pharmaceutical customers.
  • Viatris: Viatris is a major global generics and specialty pharmaceutical company formed from Mylan and Upjohn, with significant anti-infective capabilities including injectable antibiotics. It serves many of the same 500+ pharmaceutical company customers as Xellia across multiple geographies.
  • Cipla: Cipla is a leading Indian pharmaceutical manufacturer with a strong anti-infective and respiratory portfolio, including APIs and finished dosage forms. It competes with Xellia across multiple anti-infective molecules, particularly in emerging markets and via cost-competitive API supply.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Xellia Pharmaceuticals social profiles

Digital presence

Xellia Pharmaceuticals compliance and trust

Trust signal

Compliance17 records

Xellia Pharmaceuticals financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Xellia Pharmaceuticals leadership team

Management profile

Number of profiles

Profiles5 records

Xellia Pharmaceuticals subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Xellia Pharmaceuticals funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Xellia Pharmaceuticals M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xellia Pharmaceuticals

What does Xellia Pharmaceuticals do?

Xellia Pharmaceuticals is a global specialty pharmaceutical manufacturer specializing in fermentation-based non-beta-lactam anti-infective Active Pharmaceutical Ingredients (APIs) and Finished Dosage Forms (FDFs). The company supplies essential antibiotics and antifungals such as amphotericin B, colistimethate sodium, daptomycin, vancomycin, and polymyxin B to more than 500 pharmaceutical companies across 80 countries. EU-based production and 120+ years of uninterrupted supply form the operational backbone of the offering.

Is Xellia Pharmaceuticals a public or private company?

Xellia Pharmaceuticals is a private company. It is classified as corporate owned and is currently operating.

When was Xellia Pharmaceuticals founded?

Xellia Pharmaceuticals was founded in 1903. It employs 1,001 to 5,000 people.

Where is Xellia Pharmaceuticals based?

Xellia Pharmaceuticals is headquartered in Copenhagen, Denmark, in the Europe region.

How does Xellia Pharmaceuticals make money?

Three revenue lines are on record. Active Pharmaceutical Ingredients (APIs) is the primary driver. The others are finished Dosage Forms (FDFs) and pipeline Products (Dalbavancin, Fidaxomicin).

Who are Xellia Pharmaceuticals's main competitors?

Direct peers on record are Sandoz, Centrient Pharmaceuticals, ACS Dobfar and Zhejiang Hisun Pharmaceutical. Broad incumbents are Hikma Pharmaceuticals, Aurobindo Pharma, Shionogi, Teva Pharmaceutical Industries, Viatris and Cipla.

Does Xellia Pharmaceuticals have an API?

No public API is recorded for Xellia Pharmaceuticals.

What industry is Xellia Pharmaceuticals in?

Xellia Pharmaceuticals's product category is Specialty Pharmaceutical Manufacturing. Its primary akta.pro industry code is HLAIABAH, Generic Finished Dosage Form (FDF) Manufacturing. Its NAICS code is 325412 and its SIC code is 2834.

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Live signals
Market ScoopGeneric Sterile Injectable Market Share, AnalysisThe global generic sterile injectable market is projected to grow from US$42.9 billion in 2024 to US$110.3 billion by 2034, at a CAGR of 9.9%, driven by rising demand for cost-effective alternatives to branded pharmaceuticals and increasing prevalence of chronic diseases. North America led the market in 2024 with a 41.7% share, while the Asia Pacific region is expected to record the highest growth rate during the forecast period. Key developments include Cipla's USFDA approval in May 2024 to commercialize a generic version of Lanreotide injections, and Hikma Pharmaceuticals' 2024 acquisition of Xellia Pharmaceuticals' portfolio for up to US$185 million.HikmaHikma completes Xellia acquisitionHikma Pharmaceuticals has completed the acquisition of Xellia Pharmaceuticals' US finished dosage form business and related assets for $135 million, subject to additional contingent payments. The deal includes a manufacturing facility in Ohio, an R&D center in Croatia, and commercial capabilities, aimed at diversifying Hikma's US injectables portfolio. This transaction is expected to be neutral to core earnings in the first year but accretive thereafter.Financial TimesHikma completes Xellia acquisition – Company AnnouncementHikma Pharmaceuticals has completed the acquisition of Xellia Pharmaceuticals' US finished dosage form business for $135 million in cash, with up to $50 million in contingent consideration. The deal includes a manufacturing facility in Cleveland, Ohio, an R&D center in Zagreb, Croatia, and associated sales and marketing capabilities. This transaction is expected to diversify Hikma's US injectables portfolio and expand its high-quality manufacturing capacity.trib.alNovo to Explore Sale of Specialty Drugmaker XelliaNovo Holdings is exploring a sale of its specialty drugmaker Xellia Pharmaceuticals, with advisers involved. The business could fetch at least $1 billion based on earnings multiples, and generates about $100 million in annual EBITDA. Novo declined to comment on the potential sale.FiercePharmaXellia spent $200M and 5 years to fix up former Boehringer site in Cleveland. Now, it's up and running againXellia Pharmaceuticals has officially resumed commercial operations at its Cleveland sterile injectables plant, releasing the first batch of lyophilized vancomycin for distribution to U.S. hospitals. The facility, which Xellia acquired from Boehringer Ingelheim in 2015, required a $200 million investment and five years of extensive rebuilding to address previous sterility issues and regulatory violations. This restart aims to bolster domestic supply chains for critical medical supplies amid ongoing shortages.GlobeNewswireEton Pharmaceuticals and Xellia Pharmaceuticals Announce Biorphen® (phenylephrine HCl) Co-Promotion AgreementEton Pharmaceuticals and Xellia Pharmaceuticals announced a co-promotion agreement for Biorphen, the only FDA-approved ready-to-use phenylephrine injection. Xellia's hospital sales force will immediately promote Biorphen in certain segments, and Xellia will receive a commission on sales from those accounts.Business Insider800 hospitals are joining forces to make their own drugs and upend the generic pharma business. They just revealed the 2 treatments they plan to make first.Eight hundred hospitals from over 20 health systems have joined Civica Rx to produce their own generic drugs. The first supplier, Xellia Pharmaceuticals, will make vancomycin and daptomycin, with 14 drugs planned this year. The hospitals will purchase the antibiotics for five years, with delivery by the third quarter.AxiosCivica is going to start supplying two IV antibioticsCivica Rx signed an agreement with Xellia Pharmaceuticals to supply vancomycin and daptomycin, buying them at set volumes and prices over five years. The deal, worth tens of millions annually, aims to lower costs by cutting out wholesalers. Civica plans to manufacture its own drugs later.PR NewswireLEUKOCARE and Xellia Pharmaceuticals Partner to Discover Innovative Formulations for the Development of Value-added Anti-infective TherapiesLEUKOCARE AG and Xellia Pharmaceuticals have entered into a global strategic partnership to collaborate on discovering innovative formulations for Xellia's anti-infective product pipeline. Under the agreement, LEUKOCARE will apply its proprietary SPS® formulation technology to develop novel liquid versions of Xellia's antibiotic and antifungal products. The deal includes annual license fees, development funding for LEUKOCARE, and royalties on future sales, though specific financial terms were not disclosed.