Amneal Plans ‘Meaningful Additions’ To Its Generics Portfolio

As Company Sees Increase In Its Generics Sales And Overall Revenues

Amneal continues to focus on new generics launches as the company sees its quarterly and half-yearly revenues increase on the back of its new launches and generics portfolio. The US-based company said that it was looking to continue its shift towards complex generics, as it considers eventually building in-house capabilities for biosimilars.

Business Growth
Amneal expects to file 25 to 30 ANDAs and launch 20 to 30 new products on an annual basis • Source: Alamy

Amneal Pharmaceuticals, Inc. expects several additional “meaningful” generic approvals by the end of this year, as the US-based company reported an 18% increase in its generics sales to $360m for the second quarter ended 30 June 2021. For the full first half of the year, the company clocked generic revenues up by 2% to $672m.

“At any point in time, we have approximately 100 products in our pipeline and another approximately 100 products with abbreviated...

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