Amphastar Pharmaceuticals (AMPH)

[Phaeton]

Piper Jaffery call this morning.

Amphstar said on their call today, That they became instantly profitable based on the deal they made to supply insulin to mannKind. I missed part of the call so I don't know if they talked earlier about that purchased by mankind but I thought it was good that it was mentioned about their profitability was based on their contract and future sales to MannKind. They also stated that they had some new drugs in their pipeline where they would be partnering with another firm. Did not mention Mannkind but the decussion was on particle molucules and peptides involving inhalation drugs. I thought it was a very interesting call. I will try and go back and listen to the 5 mins that I missed when the call is reposted.