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Combined Amneal adds bevacizumab and Gemini

Executive Summary

Amneal has struck a licensing deal with Mabxience for exclusive US rights to biosimilar Avastin (bevacizumab) and has acquired branded player and hybrid 505(b)(2) specialist Gemini Laboratories for US$117 million, at the same time as announcing the completion of its merger with Impax, creating the “fifth-largest US generics player”.

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Amneal Has The Firepower To Pursue Injectables Deals

With integration of the merger between Amneal and Impax largely completed, the US-focused group is on the look-out for deals to boost its generic injectables portfolio.

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