Following a successful third quarter driven by glucagon uptake and competitor shortages, Amphastar Pharmaceuticals, Inc. management expressed both on its results call and at the 2023 Jefferies Healthcare Conference – held in London in November – that capitalizing on said shortages will remain part of the company’s business strategy for the foreseeable future.
Supplier Shortages To Benefit Amphastar For Many Quarters To Come
Amphastar Is The Only US Firm Supplying Dextrose, Sodium Bicarbonate And Pre-Filled Epinephrine Syringes
Amphastar management has assured stakeholders that it will continue to benefit from competitor shortages for the foreseeable future, with chief financial officer Bill Peters noting that the firm has been plugging gaps in the market throughout his near-decade at the company.
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