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Alkermes Weighs Splitting Off Cancer Biz as Separate, Publicly Traded Company

MedCity News

Alkermes says separating cancer from its portfolio and pipeline of neuroscience products could put the company on a path to profitability. Meanwhile, the new cancer company would be an independent and publicly traded entity with a lead immunotherapy in pivotal testing for two types of cancer.

Leads 118
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JPM24: After 'clearing the decks,' Alkermes ready to roll as pure-play neuroscience company

Fierce Pharma

Age 37 might be old for a “coming-out party,” but that’s the situation for Alkermes at this year’s J.P. Age 37 might be old for a “coming-out party,” but that’s the situation for Alkermes at this year’s J.P. Morgan Healthcare Conference, chief operating officer Blair Jackson said in an interview. |

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Leading a New Era of Patient-Inspired Neuroscience

Fierce Pharma

Article by Richard Pops, CEO of Alkermes | Alkermes, a pioneer in neuroscience therapeutics, is building on its foundation as it emerges as a pure neuroscience company.

Leads 223
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With good news on Lybalvi, Alkermes sees 10% share price increase

Fierce Pharma

With the company revealing fourth-quarter sales of $56.2 million for Lybalvi, the olanzapine and samidorphan treatment is continuing its upward trajectory, helping trigger a 10% increase in the company's shares.

Sales 221
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Alkermes, nearing oncology split, posts big Q2 sales gain after winning J&J arbitration case

Fierce Pharma

Alkermes brought in $617 million during the second quarter, including $248 million of back royalties on Johnson & Johnson's Invega franchise. The company recently won an arbitration case against the pharma giant.

Sales 215
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Alkermes to sell Irish manufacturing facility to Novo Nordisk

European Pharmaceutical Review

Alkermes has agreed to sell its pharmaceutical development and manufacturing facility in Athlone, Ireland to Novo Nordisk for $92.5 The deal also includes around 400 staff employed by Alkermes in drug development and manufacturing. This is anticipated to be cost neutral to Alkermes over the subcontracting period.

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Why a former BMS exec calls her new CEO role ‘unfinished business’ in cancer care

PharmaVoice

With a focus on her “three pillars” of being a CEO, Caroline Loew explains how she’s building a new company culture at an Alkermes spinoff — and a pipeline that offers a next-gen approach to oncology.

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