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Alkermes terminates authorized generic VIVITROL supply agreement with Amneal
Agreement dated Sept 9, 2025, for Amneal to distribute authorized generic VIVITROL in the US.
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Alkermes announces orphan drug designations for alixorexton in US for IH and EU for narcolepsy
FDA grants orphan drug designation to alixorexton for idiopathic hypersomnia.
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Shareholders approve increase in Alkermes equity plan by 5.9M shares
At May 20 AGM, shareholders approved amendment to 2018 Stock Option and Incentive Plan, increasing authorized shares by 5,900,000.
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LUMRYZ meets all primary, key secondary endpoints in Phase 3 idiopathic hypersomnia study
Primary endpoint ESS showed statistically significant improvement vs placebo (p<0.0001).
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Alkermes Q1 revenue $392.9M; GAAP net loss $66.5M after Avadel acquisition costs
Q1 total revenues $392.9M, up 28% YoY; GAAP net loss $66.5M vs. income of $22.5M in Q1 2025.
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Alkermes completes Avadel acquisition; pro forma net income $13.8M, EPS $0.08
Acquisition closed Feb 12, 2026; total cash consideration $21.00 per Avadel share plus CVR up to $1.50 per share.
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Alkermes: FY2025 revenue $1.48B, GAAP EPS $1.43; 2026 guidance shows net loss from Avadel deal
Total revenue $1.48B in 2025; proprietary net sales up ~9% to $1.18B; LYBALVI grew 22% in Q4.
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Alkermes CEO Richard Pops to retire July 31, 2026; COO Blair Jackson named successor
Richard Pops retires as CEO effective July 31, 2026, after 35-year tenure; will remain Chairman and Senior Advisor through Dec 31, 2026.
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Alkermes closes Avadel acquisition for $21/share cash + CVR; funded with $1.525B term loans
Consideration: $21.00/sh cash plus one non-transferable CVR (potential $1.50/sh) per Avadel share.
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Alkermes discloses preliminary FY2025 total revenue at J.P. Morgan Healthcare Conference
Presentation includes estimated total revenues for year ended Dec. 31, 2025, which are preliminary and unaudited.
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Alkermes gets FDA Breakthrough Therapy designation for alixorexton in narcolepsy type 1
FDA granted Breakthrough Therapy designation based on phase 1/2 data including Vibrance-1 study (n=92).
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Alkermes raises Avadel offer to $21.00 cash plus $1.50 CVR per share
Cash consideration raised to $21.00/share from $18.50; CVR of $1.50/share unchanged.
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Alkermes' alixorexton meets dual primary endpoints in Phase 2 narcolepsy type 2 study
Alixorexton (10, 14, 18 mg) showed statistically significant improvements vs placebo on MWT and ESS at week 8.
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Alkermes Q3 revenue $394.2M, GAAP EPS $0.49; raises FY2025 guidance
Q3 total revenues $394.2M up 4% YoY; proprietary net sales $317.4M up 16% YoY.
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Alkermes to acquire Avadel for $18.50/share plus up to $1.50 CVR; $1.23B bridge financing arranged
Cash consideration of $18.50 per Avadel share; CVR for additional $1.50 upon FDA approval of LUMRYZ and legal settlement.
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Alkermes appoints Joshua Reed as CFO effective September 15, 2025
Reed will report to CEO Richard Pops and join the management committee.
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Alkermes sues Teva, Apotex, MSN over LYBALVI patents; enters VIVITROL AG deal with Amneal
Filed patent lawsuits against Teva (8/15), Apotex (8/27), MSN (9/5) over generic LYBALVI; 30-month FDA stays triggered.
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Alkermes' alixorexton meets primary endpoint in phase 2 NT1 study; all doses improve wakefulness
Primary endpoint: MWT mean sleep latency improved by 22.2-26.0 min vs placebo -0.6 min (p<0.01 all doses).
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Alkermes Q2 revenue $390.7M, GAAP EPS $0.52; product sales grow 14% YoY
Total Q2 revenues $390.7M (-2% YoY); GAAP net income $87.1M, diluted EPS $0.52.
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Alkermes reports positive phase 2 results for alixorexton in narcolepsy type 1; primary endpoint met
Alixorexton met primary endpoint: statistically significant and dose-dependent improvements in wakefulness (MWT) vs placebo (p<0.0001 at all doses).
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Alkermes shareholders approve 4.25M share increase under 2018 stock plan
All nine director nominees elected; advisory say-on-pay approved 143.3M for vs 1.9M against.
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Alkermes Q1 2025 revenue $306.5M, GAAP EPS $0.13; reaffirms 2025 guidance
Total revenues $306.5M, down from $350.4M in Q1 2024; GAAP net income $22.5M ($0.13 diluted EPS).
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Alkermes CFO Iain M. Brown passes away; interim leadership continues
CFO Iain M. Brown died on April 14, 2025, after a battle with cancer; on medical leave since Feb. 2024.
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Alkermes reports FY2024 revenue $1.56B, net income $372M; guides FY2025 rev $1.34-$1.43B
FY2024 total revenues $1.56B, proprietary net sales up 18% YoY to $1.08B; GAAP diluted EPS from cont. ops $2.20.
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Alkermes provides preliminary 2024 cash and investments estimate at JPM Conference
Alkermes presented at J.P. Morgan Healthcare Conference on Jan 15, 2025.
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Alkermes prepays and terminates Amended and Restated Credit Agreement; no early termination penalties
Dec 19, 2024: Alkermes, Inc. subsidiary prepaid all outstanding amounts under Credit Agreement and terminated it.
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Alkermes releases updated corporate presentation; no new financial data
December 2, 2024: Alkermes made available an updated corporate presentation.
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Alkermes Q3 2024: proprietary net sales up 18% YoY to $273M; GAAP EPS $0.56
Total revenues $378.1M vs $380.9M YoY; proprietary net sales $273M (+18% YoY).
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Alkermes hosts investor event to review orexin portfolio and development strategy
Presentation reviewed Alkermes' orexin portfolio on October 9, 2024.
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Alkermes Q2 2024 GAAP EPS $0.55; proprietary sales up 16% YoY; reiterates guidance
Total revenues $399.1M, GAAP net income from continuing ops $94.7M; non-GAAP net income $123.4M.
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Alkermes shareholders approve 2018 equity plan amendment, elect directors at AGM
Shareholders approved amendment to 2018 Stock Option and Incentive Plan increasing authorized shares by 6,300,000 and revising Sale Event provisions (138.6M for, 14.0M against).
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Alkermes Q1 2024 revenue $350.4M, GAAP net income $38.9M, LYBALVI sales up 50% YoY
Total revenues of $350.4M vs $287.6M in Q1 2023; GAAP net income from continuing ops $38.9M ($0.23 EPS) vs loss of $12.1M.
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ALKS 2680 shows statistically significant wakefulness improvement in NT2 and IH phase 1b
ALKS 2680 improved mean sleep latency vs placebo at all doses in NT2 (5mg: +12 min, p<0.05; 12mg: +19 min, p<0.001; 25mg: +21 min, p<0.001).
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Alkermes appoints Nancy S. Lurker to Board of Directors, increasing size to 11
Board expanded to 11 directors; Nancy S. Lurker elected effective March 5, 2024, term expiring at 2024 annual meeting.
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Alkermes reports 2023 total revenues $1.66B, GAAP EPS $2.10; guides 2024 EBITDA ~$445-485M
GAAP net income $355.8M vs loss of $158.3M in 2022; diluted EPS $2.10.
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Alkermes appoints interim CFO and interim PAO during CFO's medical leave
Blair C. Jackson, EVP & COO, named interim principal financial officer effective Feb 1, 2024.
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Alkermes to present at J.P. Morgan Healthcare Conference; highlights profitability and neuroscience focus
Presentation on Jan 10, 2024, titled 'Profitable, Pure-play Neuroscience Company'.
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Alkermes sells Athlone facility to Novo Nordisk for $92.5M; 400 employees to transfer
Asset sale of Athlone development and manufacturing facility for $92.5M cash; expected to close mid-2024.
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Director Nancy J. Wysenski retires from Alkermes board; Board size reduced to 10
Nancy J. Wysenski notified retirement on Dec 4, 2023, effective Dec 8, 2023, after 10 years of service.
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Alkermes completes spin-off of oncology business into Mural; raises 2023 guidance
On Nov 15, 2023, distributed 1 Mural share for every 10 Alkermes shares; MURA begins trading Nov 16.
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Alkermes sets Nov 6 record date, Nov 15 distribution for Mural Oncology spin-off (1:10 ratio)
Form 10 declared effective by SEC for Mural Oncology spin-off.
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Alkermes sets Nov 6 record date for Mural Oncology spin-off distribution
Board set Nov 6, 2023 as record date for distribution of Mural ordinary shares to Alkermes shareholders.
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Alkermes Q3 2023 revenue $380.9M, GAAP net income $47.8M; reiterates FY guidance; oncology split in Nov
Total Q3 revenues $380.9M vs $252.4M YoY; proprietary product sales up 16% to $231.8M.
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Alkermes reports Phase 1 data for ALKS 2680 showing significant sleep latency improvement in narcolepsy type 1
ALKS 2680 demonstrated dose-dependent improvement in sleep latency: +18, +30, +37 minutes vs placebo (-1 min) at 1, 3, 8 mg (p<0.01 to p<0.001).
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Alkermes settles VIVITROL patent litigation with Teva; generic entry January 2027
Teva granted license to market generic VIVITROL in U.S. starting Jan 15, 2027, or earlier under certain circumstances.
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Alkermes Q2 2023 revenues $617.4M, GAAP net income $237.1M on arbitration win
Total revenues $617.4M including $248.4M back royalties from Janssen arbitration; proprietary product sales up 21% YoY to $231.5M.
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Alkermes shareholders approve 6.5M share increase to equity plan; Sarissa votes against own recommendations
Shareholders approved 2018 Stock Option and Incentive Plan amendment, adding 6,500,000 shares.
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Alkermes amends credit agreement to replace LIBOR with SOFR
Amendment dated June 28, 2023 to Credit Agreement originally dated Sept 16, 2011.
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Alkermes wins arbitration vs Janssen, raises 2023 outlook by ~$425M
Final arbitration award confirms Janssen must pay royalties on INVEGA and CABENUVA products; back royalties of ~$194M (incl. interest) received.
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Alkermes files preliminary proxy; Board declines to endorse Sarissa's three nominees
Filed preliminary proxy for 2023 AGM; board has added 7 new independent directors since 2019.