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Stock impact report

Will Alkermes' (ALKS) Proprietary Drugs Aid Amid Competition? [Yahoo! Finance]

Alkermes plc - Ordinary Shares (ALKS) 
Last alkermes plc - ordinary shares earnings: 4/29 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Lybalvi (schizophrenia and bipolar I disorder) that are witnessing a steady uptake and driving growth. The continued growth in the alcohol-dependence treatment market has driven new patients toward Vivitrol, while Aristada sales have been driven by underlying demand in recent quarters. Lybalvi (olanzapine and samidorphan), which is approved for the treatment of adults with schizophrenia and adults who have bipolar I disorder, has witnessed strong sales uptake so far and has exceeded management's expectations. Alkermes' set of proprietary products has generated combined sales worth $920 million in 2023, reflecting an increase of 18.3% on a year-over-year basis. Shares of Alkermes have lost 14% year to date compared with the industry's 11% decline. Image Source: Zacks Investment Research Earlier this month, Alkermes announced positive top-line data from a phase Ib study evaluating its novel, investigational, oral orexin 2 receptor (OX2R) agonist, ALKS 2680, as a once-daily t Show less Read more
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