Amphastar Pharmaceuticals Inc
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 3, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. Properties
Our manufacturing facilities are located in Rancho Cucamonga and South El Monte, California; Canton, Massachusetts; Éragny-sur-Epte, France; and Nanjing, China. We own or lease a total of 68 buildings at six locations in the U.S., France and China, that comprise 2.4 million square feet of manufacturing, research and development, distribution, packaging, laboratory, office and warehouse space. Our facilities are regularly inspected by the FDA in connection with our product approvals, and we believe that all of our facilities are being operated in material compliance with the FDA’s cGMP regulations.
We continue to expand our facility in Nanjing, China and expect further significant investment.
The following table provides a summary of our owned properties as of December 31, 2024:
| · · · · | ||
|---|---|---|
| | Aggregate | |
| · · Facility Size · · | ||
| Location · · (in square feet) · · Primary Use | ||
| Rancho Cucamonga, CA | 267,674 | Headquarters, research and development, laboratories, manufacturing, packaging, warehousing and administrative offices |
| Éragny-sur-Epte, France | 251,983 | Manufacturing, laboratories, warehousing and administrative offices |
| Canton, MA | 216,590 | Manufacturing, packaging, warehousing, distribution and administrative offices |
| Nanjing, China | 1,084,078 | Manufacturing, procurement, research and development, warehousing, and administrative offices |
| Chino, CA | 57,968 | Research and development, and laboratories |
| South El Monte, CA | 21,200 | Manufacturing |
The properties leased by us have expiration dates ranging from 2025 to 2034 (including certain renewal options). The following table provides a summary of our leased properties:
| · · · · | ||
|---|---|---|
| | Aggregate | |
| · · Facility Size · · | ||
| Location · · (in square feet) · · Primary Use | ||
| Rancho Cucamonga, CA | 191,180 | Warehousing, distribution and administrative offices |
| South El Monte, CA | 343,413 | Manufacturing, packaging, warehousing, distribution and administrative offices |
We believe that our current manufacturing capacity is adequate for the near term. However, we are planning to increase capacity at our plant in Rancho Cucamonga, CA which should allow us to eventually quadruple the number of units produced at this facility. We are also increasing the capacity of our inhalation facility in Canton, MA and our insulin API production facility at ANP. We have in the past approached capacity at one of our facilities largely as a result of the
FDA’s request that we reintroduce certain previously discontinued products to help cope with a nationwide shortage of these products. We believe that these capacity issues have been ameliorated as a result of certain other manufacturers re-entering the market and increasing the production of the products that were subject to the shortage.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.