Strong Quarterly Performance
Amphastar Pharmaceuticals achieved net revenues of $191.8 million and a GAAP net income of $17.4 million or $0.37 per diluted share for Q3 2025. On a non-GAAP basis, adjusted net income was $44.7 million or $0.93 per diluted share.
BAQSIMI and Primatene MIST Growth
BAQSIMI delivered $53.6 million in total sales, up 14% year-over-year, while Primatene MIST sales increased by 11% year-over-year, indicating strong consumer engagement in the OTC respiratory space.
Pipeline Expansion
Amphastar expanded its pipeline with an exclusive in-licensing agreement, securing U.S. and Canadian rights to three novel peptide candidates targeting oncology and ophthalmology markets.
Regulatory Progress
FDA approval of iron sucrose injection, AMP-002, was achieved, generating $2.4 million in sales this quarter.
Manufacturing Expansion
Amphastar is set to quadruple production capacity at its Rancho Cucamonga headquarters, strengthening operational agility.