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AMRI Announces Fourth Quarter 2012 Adjusted EPS of $0.17

reement between the two companies.
  • Entered into a new strategic agreement with Knopp Biosciences LLC to provide various discovery-related services that include medicinal chemistry, DMPK and computer-aided drug discovery (CADD).
  • Selected by Biota Holdings Limited to further develop and manufacture the influenza antiviral CS8958 (laninamivir), a second-generation, long-acting neuraminidase inhibitor.
  • Business Activities

  • Announced the addition of a new royalty stream in the third quarter based on a longstanding contract with Actavis Inc. for the production of amphetamine salts, with the royalty stream expected to continue until November 2017.
  • Announced further actions to expand and better integrate in vitro biology services with the total drug discovery service platform. As a result of shifting market preferences related to integrated drug discovery activities, AMRI is further optimizing its location footprint by closing its Bothell, WA site and co-locating key biology capabilities with our chemistry in Singapore.
  • The company announced the completion of the relocation of custom library synthesis resources and capabilities to the Hyderabad Research Centre from the company's closed Budapest, Hungary operations.
  • Launched AMRI SMARTSOURCING™ branding campaign and corporate strategy; an evolution of AMRI's business model that utilizes the full range of services, global facilities and industry-leading expertise with the goal of delivering strategic sourcing options and more successful outcomes for our customers.
  • Announced that the Medicines and Healthcare Regulatory Agency (MHRA) of the UK government issued a Good Manufacturing Practice (GMP) certificate for AMRI's manufacturing facility in Holywell, Wales, UK, following an inspection in October 2011.
  • Key Leadership Changes

  • Appointed Michael Nolan, to Vice President, Chief Financial Officer and Treasurer.
  • Prom

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