Amneal Aims To Bolster Generics Margins

As Company Aims To Deliver Six To Seven High-Value Products Annually

Amneal says it is taking initiatives to improve its generics margins by improving its manufacturing and supply chain, after its generics segment was sales drop by 11% in the first quarter. Amneal is aiming to deliver six to seven high-value products annually, while the company is also looking to launch three biosimilars in the next couple of years.

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After seeing a 11% drop in generics revenue in Q1 2021, Amneal aims to improve its generics margins • Source: Alamy

Amneal has announced taking several steps to improve its manufacturing and supply chain as part of efforts to boost its generics profit margins. While the company manufactures most of its generics in-house, it has transferred several products from external manufacturing partners to its facilities, “to reduce cost and improve supply chain.”

Talking about the key initiatives taken across the company to improve efficiencies, Chintu Patel, co-CEO of Amneal, said “many of...

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