Stock Analysis

Should Amphastar’s (AMPH) Exclusive 10-Year BAQSIMI Deal in Greater China Prompt Investor Action?

  • Amphastar Pharmaceuticals recently announced an exclusive 10-year distribution agreement with Nanjing Chengong Pharmaceutical to market its BAQSIMI nasal powder product across Mainland China, Taiwan, Hong Kong, and Macau.
  • This deal expands Amphastar’s access to the Greater China region while highlighting a related party transaction reviewed and approved by independent company directors.
  • We'll examine how this exclusive arrangement for BAQSIMI in Greater China could reshape Amphastar's investment outlook and international expansion strategy.

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Amphastar Pharmaceuticals Investment Narrative Recap

For those looking at Amphastar Pharmaceuticals, the investment story centers on building a diversified portfolio of essential medicines with expanding global reach, while navigating margin risks from competition and payer pressure. The recent 10-year BAQSIMI agreement in Greater China extends global access and could help offset product concentration risk, but likely does not materially shift near-term catalysts, which hinge on stable US sales and future product approvals.

Of the company’s recent updates, the exclusive license for three proprietary peptides in the US and Canada stands out. This move, like the China BAQSIMI deal, highlights efforts to diversify Amphastar’s pipeline and limit exposure to individual products, reinforcing longer-term growth interests if future launches succeed.

Conversely, investors should be aware of how Amphastar’s dependence on a few key products...

Read the full narrative on Amphastar Pharmaceuticals (it's free!)

Amphastar Pharmaceuticals' narrative projects $830.2 million revenue and $142.5 million earnings by 2028. This requires 4.7% yearly revenue growth and a $7.8 million earnings increase from current earnings of $134.7 million.

Uncover how Amphastar Pharmaceuticals' forecasts yield a $32.00 fair value, a 31% upside to its current price.

Exploring Other Perspectives

AMPH Community Fair Values as at Oct 2025
AMPH Community Fair Values as at Oct 2025

Three fair value estimates from the Simply Wall St Community range from US$32 to US$84.72, underscoring wide divergence in expectations. Concentrated revenue sources remain a central concern as you weigh these differing perspectives on Amphastar’s outlook.

Explore 3 other fair value estimates on Amphastar Pharmaceuticals - why the stock might be worth just $32.00!

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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About NasdaqGS:AMPH

Amphastar Pharmaceuticals

A bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France.

Very undervalued with mediocre balance sheet.

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