Amneal Pharmaceuticals (AMRX) Bets Big On Biosimilars While Wall Street Retreats
Amneal Pharmaceuticals (AMRX) completed its acquisition of Kashiv BioSciences, aiming to become a top biosimilars player. Q2 2026 revenue rose 10% to $796M, net income doubled to $58M. Amneal raised its full-year revenue outlook to $3.10B-$3.20B. The deal adds $350M in debt and increases capex guidance to $150M. Hedge fund ownership fell, but short interest remains low.




