Thursday, September 21, 2017

=Amphastar Pharma (AMPH) : FDA approval of ANDA for sodium bicarbonate injection





Amphastar Pharmaceuticals received FDA approval of its ANDA for sodium bicarbonate injection 8.4% in 50 mL Luer-Jet Prefilled Syringe System 
Net revenues for the company's sodium bicarbonate injection for the year ended December 31, 2016 were $5.9 million. The company continues to market five grandfathered products, (now termed "unapproved") and has ANDAs pending approval for three of these products. For the year ended December 31, 2016, the company recorded net revenues of $27.6 million from these unapproved products.

Key stats and ratios

Q2 (Jun '17)2016
Net profit margin3.03%4.13%
Operating margin3.35%6.15%
EBITD margin-11.86%
Return on average assets1.80%2.58%
Return on average equity2.40%3.37%
Employees1,541

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