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Amneal Dreams Of Building On Biosimilars To Compete With Other Players

As Generics Segment Revenues Increased By 9.3% To $427m In Q3

 
• By Urtė Fultinavičiūtė

Amneal knows what it wants and is determined to get it. With more and more complex products being added to its portfolio, the firm marks another “terrific” quarterly performance.

People racing each other with a clear winner
(Shutterstock)

Amneal has been talking about riding the next wave of affordable medicines for some time now. With several biosimilars under its belt, either already on the market or still in development, Amneal has a new goal – to compete with other big biosimilars firms.

“We would love to integrate completely and head-on compete with Sandoz, Celltrion, Amgen,” said co-founder and co-CEO Chirag Patel during the FY2024 Q3 earnings call. “We see this as a...

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