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Inside Long Island Business

Get the latest news and trends on Long Island companies and the people behind them.

At LI biz lunch, Amneal chief predicts hitting $1B in revenue

Chintu Patel, owner of Amneal Pharmaceuticals, a generic

Photo credit: Newsday, 2009 / Mahala Gaylord

Ten years ago, Chintu Patel quit his job as a pharmacist, scraped together $75,000 and founded Amneal Pharmaceuticals, now among America’s largest makers of generic drugs with 700 employees on Long Island. Now he is hoping to top $1 billion in revenue by 2015. “We have so much to do. We are not done,” Patel told Long Island business leaders Wednesday at the Hauppauge Industrial Authority’s annual...

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