Amphastar Pharmaceuticals Inc. presented at the 44th Annual J.P. Morgan Healthcare Conference, highlighting its fully integrated business model with in-house product development, manufacturing, marketing, and distribution capabilities. The company reported substantial revenue growth, with figures rising from $295 million in 2018 to $732 million in 2024. Adjusted net income margin also increased significantly, reaching 27.4% in 2024. The presentation outlined a strategic pipeline shift, projecting that by 2026, proprietary and biosimilar products will make up 85% of the pipeline, compared to 37% in 2021. Amphastar emphasized ongoing investments in advanced technical platforms, particle engineering, and novel formulation technologies. The company continues to develop and manufacture a range of injectables, inhalation, and intranasal products, as well as highly purified peptides and biosimilars targeting therapeutic areas such as oncology, ophthalmology, and rheumatology. You can access the full presentation through the link below.
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