I have a confirm news that NY site they transferred many R&D employees to QC and many upper level R&D people were let go. Looks like it is true that they will slowly move their presence from US to India and very few people will be left here.

We got an email that there will be layoffs in short time at piscataway location. Other locations are also affected? Please comment here. I knew chintu and chirag has sold this company for a petty money and disappeared leaving faithful employees in... — read more 

They laid off 50 employees yesterday. Some very talented individuals worked for more than 10 years for the company . Sad day Any chance somebody has more info on these layoffs that took part earlier this week? What got hit? Is it done or can we... — read more 

Amneal Announces Actions to Streamline Operations and Capture Cost Synergies. The Company will immediately implement plans to phase out the Hayward facilities. Amneal expects the facility closures to reduce its workforce by approximately 550... — read more 

Impax Laboratories Inc has agreed to pay $35 million to resolve part of litigation over claims it entered into an anticompetitive deal in a patent case to delay releasing a generic version of the acne medication Solodyn. Now this chunk of money will... — read more 

It is confirmed that group of industry owners acquired CorePharma, LLC from Impax. More sale is coming ahead. Further more in the state of the union 2018, Trump mentioned about reducing prices of prescription drug. This will create more pressure for... — read more 

I have heard that one of the bridgewater facility will be closing, because both Amneal and Impax have office locations in same town here. Also heard from management that most of the new people will be laid off.

This is very similar to let say you are owning a gas station and you sign an agreement with someone to operate it. And whatever earned you get 75% from it and the guy who operates will keep 25%. You come to check things out once in a while but the... — read more 

Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Impax to Amneal Pharmaceuticals LLC. Under the terms of the transaction, shareholders of Impax will receive shares in Amneal and ultimately own approximately 25% of... — read more 

Chintu n Chirag should have remained as CEO. it’s a cash-free merger so they relinquished CEO position and in exchange got 75% holdings. They are still a co chairman in board but now all business decisions will be made by all members of the combined... — read more 

Impax and Amneal are close to reaching an agreement on a merger, The new company reportedly would be called Amneal Pharmaceuticals and based in Bridgewater, N.J. Chirag and Chintu will be stepping down and Impax CEO will remain as it is. Some of the... — read more 

Canaccord Genuity issued a note commenting on a potential tie-up between Impax Laboratories and Amneal Pharmaceuticals. The broker said the deal would consist of a cash-free merger of equals as both companies are cash-poor. Canaccord also said that a... — read more 

Kowa Pharmaceuticals America, Inc. announced that the U.S. District Court, Southern District of New York, has found that the U.S. Patent 8,557,993 (the ?993 patent") protecting Livalo (pitavastatin calcium) is valid, and that generic drug... — read more 

Hello All, We will update right things on right time. Please do not trust on any rumors. Amneal Team

I currently work at Bridgewater office. There have been company rule changes in a moments notice. Literally within hours after everyone has made a choice on what to do during inclement weather. We may not get an annual bonus this year. I'm not a fan... — read more 

Amneal is in talk with Impax labs for possible merger. Anyone heard or anticipates layoffs coming at Amneal? Amneal last year tried to sell itself to Novartis and now seeking to merge with Impax. Is that a sign of management incompetence or some... — read more