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Consolidation in Generics Sector As Impax Merges With Amneal

 
• By Kevin Grogan

The deal will create the fifth-largest generics company in the US with one of the largest pipelines, with about 150 pending ANDAs and 165 projects in active stages of development.

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Impax and Amneal have joined forces to boost their generics market share • Source: Shutterstock

The US generics market is to get another major player as Impax Laboratories Inc. and Amneal Pharmaceuticals LLC have confirmed that they are to merge.

The companies have agreed an all-stock deal that will give Impax shareholders 25% of a new, publicly traded company, which will use the Amneal name. Closely held Amneal, co-founded by...

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