Subsequent Events

6 Months Ended

Jun. 30, 2016

Subsequent Events

Subsequent Events

18.Subsequent Events

In August 2016, the Company, through its newly established wholly-owned UK subsidiary, Amphastar UK Limited, acquired International Medication Systems (UK) Limited, a UK-based subsidiary of UCB PHARMA GmbH, including its product trademarks, and other related product assets, as well as marketing authorizations for thirty-three products in the UK, Ireland, Australia, and New Zealand, representing eleven different injectable chemical entities. The Company paid $7.7 million in cash as consideration for the transaction. The products are generic injectables containing the following active ingredients; Adrenaline, Amiodarone, Atropine, Calcium Chloride, Furosemide, Glucose, Lidocaine, Magnesium Sulphate, Morphine, Naloxone and Sodium Bicarbonate. The Company plans to transfer the manufacturing of the products to its facilities in California.  The transfer will require UK Medicines and Healthcare products Regulatory Agency and other related regulatory agency approval before the products can be sold by the Company. The Company has preliminary concluded that this transaction will be accounted for as a business combination in accordance with ASC 805.