AMAG Pharma (AMAG) Reports Q1 Loss of $0.72/sh

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AMAG Pharmaceuticals Announces First Quarter 2020 Financial Results and Provides Corporate Update

May 11, 2020 7:00 AM EDT

Feraheme® (ferumoxytol injection) posts strong first quarter results

Company implements a workforce reduction of approximately 30 percent or 140 positions, as part of a planned decrease in operating expenses

Conference call scheduled for 8:00 a.m. ET today

WALTHAM, Mass., May 11, 2020 (GLOBE NEWSWIRE) -- AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) today reported unaudited consolidated financial results for the first quarter ended March 31, 2020. The company reported total revenues for the first quarter of 2020 of $68.7 million, including revenue of $44.4 million from Feraheme and revenue of $21.8 million from... More