Nika Pharmaceuticals, Inc. (NIKA) Markets Analysis and €8.5 Billion Projected Revenue
Rhea-AI Summary
Nika Pharmaceuticals (OTCQB: NIKA) has presented revenue projections for its ITV-1 HIV treatment across multiple markets with exclusive distribution agreements. The company projects total revenue of approximately €8.5 billion, with the majority (€7.9 billion) coming from Nigeria. Additional markets include UAE, Ukraine, Iraq, Jordan, and Syria, where NIKA will charge €1,980 per set of ITV-1, with two sets required per treatment.
In Ukraine, which has 158,803 registered HIV patients, NIKA projects potential revenue of €628 million. The combined markets of UAE, Iraq, Jordan, and Syria, with approximately 7,100 HIV patients, are expected to generate €28.1 million in revenue. The company emphasizes its dual mission of pursuing profits while providing affordable, life-saving treatments in regions with limited access to HIV care.
Positive
- Significant revenue potential of €8.5 billion across all markets
- Strong market presence in Nigeria with €7.9 billion projected revenue
- Additional €628 million potential revenue from Ukrainian market
- Strategic expansion into multiple markets through exclusive distribution agreements
- Clear pricing structure at €1,980 per set with defined treatment protocol
Negative
- Heavy revenue dependency on Nigerian market (93% of total projections)
- Small patient population in UAE, Iraq, Jordan, and Syria (only 7,100 combined)
- Political instability and war in Ukraine could affect market access and distribution
- Revenue projections are estimates and may not materialize
HENDERSON, Nev., May 19, 2025 (GLOBE NEWSWIRE) -- Nika Pharmaceuticals, Inc. (OTCQB: NIKA) presents projected revenue for each market with exclusive distribution agreement.
NIKA has previously reported an estimated potential
The war in Ukraine has exacerbated the country’s issue with HIV due to low stocks of life-saving drugs and potential treatment disruption to nearly
“Although the markets of Ukraine, UAE, Jordan, Syria, and Iraq are not as big as Nigeria, our mission is to not only chase profits, but also provide better and affordable life-saving drugs to those who have their lives at risk as they would otherwise not have access to treatment,” explained Dimitar Savov, CEO of NIKA.
About Nika Pharmaceuticals, Inc.
Nika Pharmaceuticals, Inc. (NIKA) is a pharmaceutical company, specializing in the treatment of HIV/AIDS, Hepatitis B and C, Rheumatoid Arthritis, Cancer, Diabetes, and all diseases, for which strengthened cell immunity is of vital importance. NIKA's intellectual property includes six drugs in injection form – two of which have successfully undergone clinical trials with good treatment results – four drugs in tablet form, and eleven dietary supplements. NIKA’s goal is to not only achieve corporate profits, but to provide better and easier access to life-saving medicinal drugs and useful dietary supplements. Find more on www.nikapharmaceuticals.com.
Forward-looking Statement:
This press release contains forward-looking statements. Certain statements, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements.” These forward-looking statements generally are identified by the words “believes,” “estimates,” “projects,” “intends,” “plan,” “can,” “will,” “would,” and similar expressions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain.
1 See https://www.globenewswire.com/news-release/2024/07/18/2915494/0/en/Nika-Pharmaceuticals-Inc-NIKA-Signed-a-Distribution-Agreement-for-Nigeria.html
2 Based on www.unaids.org estimates.
3 See https://pharmacophorejournal.com/e7AoOTeg1j
4 See https://www.unaids.org/en/War-Ukraine-special
5 See https://www.who.int/europe/news-room/19-12-2023-on-the-frontline-of-the-fight-against-hiv--ukraine-s-resilience-and-who-s-support#:~:text=In%20Ukraine%2C%20the%20Ministry%20of,Ukraine%20is%20currently%

CONTACT Clifford Redekop, Secretary COMPANY Nika Pharmaceuticals, Inc. PHONE (702)-326-3615 EMAIL info@nikapharmaceuticals.com WEB www.nikapharmaceuticals.com