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Amneal Pharmaceuticals, Inc. - $AMRX STOCK NEWS

Welcome to our dedicated page for Amneal Pharmaceuticals news (Ticker: $AMRX), a resource for investors and traders seeking the latest updates and insights on Amneal Pharmaceuticals stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Amneal Pharmaceuticals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Amneal Pharmaceuticals's position in the market.

Rhea-AI Summary

Amneal Pharmaceuticals, Inc. reported a Q1 2024 net revenue of $659 million, with a GAAP net loss of $92 million and diluted loss per share of $0.30. Adjusted EBITDA was $152 million with adjusted diluted EPS of $0.14. The company settled a nationwide opioids case and affirmed its 2024 full-year guidance.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.86%
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Rhea-AI Summary
Amneal Pharmaceuticals, Inc. (AMRX) receives FDA approval for Over-the-Counter Naloxone Hydrochloride Nasal Spray, offering an affordable alternative to NARCAN®. The generic equivalent aims to combat opioid overdose emergencies, providing life-saving treatment without a prescription. Amneal's commitment to public health and accessibility drives the launch of this medication, important in the face of rising opioid-related fatalities.
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End-of-Day
12.04%
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Rhea-AI Summary
Amneal Pharmaceuticals, Inc. launches PEMRYDI RTU®, the first ready-to-use version of pemetrexed for injection, catering to non-squamous non-small cell lung cancer and malignant pleural mesothelioma patients. The product eliminates the need for reconstitution, dilution, or refrigeration, enhancing pharmacy efficiency. Amneal plans to introduce two to three branded oncology 505(b)(2) products annually, with PEMRYDI RTU® being the first in 2024.
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End-of-Day
-1.62%
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Rhea-AI Summary
Amneal Pharmaceuticals, Inc. (AMRX) will release its first quarter 2024 financial results on May 3, 2024, followed by a conference call and webcast. Investors can access the financial results and webcast through the Investor Relations section of the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
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conferences earnings
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Amneal Pharmaceuticals, Inc. (AMRX) celebrates its listing on the Nasdaq Stock Exchange. Co-founders and Co-CEOs, Chirag and Chintu Patel, will ring the closing bell on April 2, 2024. The company emphasizes its growth as a global pharmaceutical leader with a diverse portfolio of essential medicines, focusing on patient access, affordability, innovation, and quality.
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Rhea-AI Sentiment
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-0.17%
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Rhea-AI Summary
Amneal Pharmaceuticals, Inc. (AMRX) receives FDA approval for ciprofloxacin and dexamethasone otic suspension, a new high-value product for treating ear infections. The product is indicated for Acute Otitis Externa in pediatric, adult, and elderly patients.
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End-of-Day
-1.02%
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Amneal Pharmaceuticals, Inc. (AMRX) reports Q4 2023 net revenue of $617 million, with a GAAP net loss of $99 million. Full-year 2023 net revenue reaches $2.39 billion. The company provides 2024 financial guidance of $2.55 to $2.65 billion in net revenue and $580 to $620 million in Adjusted EBITDA. The Co-CEOs highlight successful execution and growth, emphasizing the importance of providing high-quality, affordable medicines in a dynamic industry landscape.
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Rhea-AI Sentiment
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-0.91%
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Rhea-AI Summary
Amneal Pharmaceuticals, Inc. (AMRX) has entered an exclusive licensing agreement with Zambon Biotech SA for IPX203, a novel oral formulation of carbidopa/levodopa extended-release capsules for Parkinson's disease in Europe. Zambon will handle regulatory approval and commercialization in Europe. This partnership aligns with Amneal's global strategy to provide access to their products worldwide.
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Rhea-AI Sentiment
End-of-Day
-1.89%
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Rhea-AI Summary
Amneal Pharmaceuticals, Inc. (AMRX) Co-CEO to participate in Barclays 26th Annual Global Healthcare Conference in Miami on March 13, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.27%
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conferences
Rhea-AI Summary
Amneal Pharmaceuticals, Inc. (NASDAQ: AMRX) has submitted a Complete Response resubmission to the FDA for IPX203, an oral formulation of carbidopa/levodopa extended-release capsules for Parkinson’s disease. The resubmission included data from a healthy volunteer study and no additional studies were requested. The company aims to launch the treatment in the second half of 2024, pending FDA approval.
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Rhea-AI Sentiment
End-of-Day
2.01%
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Amneal Pharmaceuticals, Inc.

Nasdaq:AMRX

AMRX Rankings

AMRX Stock Data

2.03B
123.43M
59.78%
29.02%
0.78%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
Bridgewater

About AMRX

an american pharmaceutical company, amneal develops and produces affordable medicines. the company was built upon a family tradition of quality and integrity. everything amneal does, across the full spectrum of its business, is in service to these guiding principles. amneal is committed to constantly elevating and refining the value it delivers to its customers and patients around the globe.