Welcome to our dedicated page for Amphastar Pharma news (Ticker: AMPH), a resource for investors and traders seeking the latest updates and insights on Amphastar Pharma stock.
Amphastar Pharmaceuticals, Inc. (NASDAQ: AMPH) is a leading specialty bio-pharmaceutical company focused on complex injectable, inhalation, and intranasal products. This page provides investors and industry professionals with a centralized hub for the company’s latest news, including press releases, financial updates, and regulatory developments.
Access real-time updates on earnings reports, product approvals, manufacturing advancements, and strategic partnerships. Our curated collection ensures you stay informed about AMPH’s progress in developing high-barrier generic and proprietary pharmaceuticals across global markets.
Key updates include FDA filings, R&D milestones, and market expansion initiatives. All content is sourced directly from company communications and verified financial disclosures, providing reliable insights into operational performance and quality-driven manufacturing practices.
Bookmark this page to track Amphastar’s advancements in cGMP-compliant production, biosimilar development, and therapeutic innovations. Check back regularly for objective reporting on one of the pharmaceutical sector’s most technically adept organizations.
Amphastar Pharmaceuticals reported net revenues of $171.8 million for the three months ended March 31, 2024. The company achieved GAAP net income of $43.2 million and adjusted non-GAAP net income of $55.3 million. Notable highlights include BAQSIMI revenue growth of 22% over the first quarter of 2023. The company experienced positive sales increases in several key products like Glucagon, Epinephrine, and Primatene MIST ®. However, there were decreases in sales of Lidocaine, Enoxaparin, and Naloxone. The company's gross profit margin was 52.4% of net revenues, driven by factors like increased sales of higher-margin products. Amphastar's financial performance demonstrates a strong first quarter with promising growth potential.
Amphastar Pharmaceuticals, Inc. (NASDAQ: AMPH) will release its first quarter earnings for 2024 on May 8, 2024. The company focuses on developing, manufacturing, and selling generic and proprietary injectable, inhalation, and intranasal products. They also sell insulin API products primarily used in hospital settings. The conference call to discuss financial results will be held at 2:00 p.m. Pacific Time.
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