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AMAG Pharmaceuticals Uncertain on Future

Posted by Nick Buenaventura on Jan 18, 2017 11:47:24 AM

AMAG Pharmaceuticals (NASDAQ:AMAG) saw a sharp drop in its debt in the past week following the release of its actual results in sales. Although the pharma company saw its sales rise to a new record in this past year, investors are concerned as its top-selling drug, Makena, is set to lose its patent exclusivity in 2018. The maternal drug aid currently makes up 70% of AMAG's sales and with no defense to differentiate it from generics, investors are uncertain of how the company will be able to cope.

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Topics: Loans, AMAG, Pharmaceuticals


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