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Fly News Breaks for August 13, 2015
AMPH
Aug 13, 2015 | 09:17 EDT
After Amphastar disclosed that it had filed several drug master files applications in an effort to begin the process of obtaining approval for two generic drugs, BMO Capital estimates that the two drugs could boost the company's revenue by $160M-$180M. The firm notes that the company's current revenue is $240M. It keeps a $22 price target and Outperform rating.
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