Amphastar Pharmaceuticals

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Amphstar Pharmaceuticals, Inc.
TypePublic
HeadquartersRancho Cucamonga, California, United States
Key people
  • Mary Z. Luo
  • (Chairman of the Board)
  • Jack Yongfeng Zhang
  • (CEO)
RevenueIncrease US$ 437.8 million (2021)
Increase US$ 71.7 million (2021)
Increase US$ 62.1 million (2021)
Total assetsIncrease US$ 671.5 million (2021)
Total equityDecrease US$ 445.5 million (2021)
Number of employees
1,761
WebsiteAmphastar.com
Footnotes / references
[1]

Amphastar Pharmaceuticals is a publicly traded American speciality pharmaceutical company.[2] It was incorporated in May 2004 and primarily develops, manufactures, and sells inhalation and intranasal products.[3]

One of its products is naloxone, an injectable generic drug that treats opioid overdose, and the company was criticized when it doubled the price of the drug from around $20 to $40 in 2015 during the opioid epidemic.[4] In February 2017, the FDA rejected the company's application to market a device that delivers naloxone intranasally.[4]

In March 2018, the company won a patent infringement lawsuit brought against it by Momenta Pharmaceuticals and Sandoz Inc in an ongoing antitrust case.[5]

See also[]

References[]

  1. ^ "U.S. SEC: Form 10-K, Amphstar Pharmaceuticals, Inc". U.S. Securities and Exchange Commission. Retrieved March 16, 2022.
  2. ^ "Amphastar Pharmaceuticals, Inc. (AMPH)". NASDAQ.com. NASDAQ OMX Group. Retrieved 3 January 2016.
  3. ^ "Profile:Amphastar Pharmaceuticals Inc (AMPH.O)". Reuters.
  4. ^ a b Arsalan, Arif (February 21, 2017). "After steering through a controversy over soaring price of naloxone, FDA rejects Amphastar's intranasal version". Endpoints.
  5. ^ Tyler, Eleanor (March 21, 2018). "Amphastar Patent Win Boosts Momenta, Sandoz Antitrust Case". Bloomberg. Retrieved March 24, 2018.

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