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.”
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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