Alkermes (ALKS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Alkermes plc maintains a Buy rating, driven by the accretive Avadel Pharmaceuticals acquisition and strong pipeline progress. Company bolstered its hypersomnolence portfolio with LUMRYZ, which delivered robust early sales and revenue momentum post-acquisition. Positive phase 2 data for alixorexton in narcolepsy type 2 and ongoing phase 3 Brilliance Studies underpin a compelling growth thesis.
Alkermes wins orphan drug designations in the United States and Europe for alixorexton for treating idiopathic hypersomnia and narcolepsy, respectively.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 107 | $3,308.11 | $5,583.79 | $2,275.68 | 68.79% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 100 | $2,798 | $5,218.5 | $2,420.5 | 86.51% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 5 | $139.9 | $260.9 | $121 | 86.49% |
Farallon Capital Farallon Capital Management LLC | 20,800 | $686,816 | $1.09M | $400,088 | 58.25% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 742 | $25,088.45 | $38,762.08 | $13,673.63 | 54.5% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Paul Matteis Stifel | 210.08 | $10,865.32 | $11,111.11 | $245.79 | 2.26% |
| Biotechnology Industry | Healthcare Sector | Richard F. Pops CEO | NASDAQ (NGS) Exchange | G01767105 CUSIP |
| IE Country | 2,050 Employees | - Last Dividend | 15 May 2000 Last Split | 16 Jul 1991 IPO Date |
Alkermes plc stands out as a pivotal player in the biopharmaceutical sector, dedicated to discovering, developing, and commercializing innovative pharmaceutical solutions aimed at fulfilling the unmet medical necessities of patients. The company's operations span across the United States, Ireland, and other global territories, focusing on significant therapeutic areas. Founded in 1987, with its headquarters located in Dublin, Ireland, Alkermes plc has carved a niche for itself by concentrating on the treatment of alcohol and opioid dependencies, schizophrenia, and bipolar I disorder. Through its dynamic portfolio of proprietary commercial products and a robust pipeline of clinical and preclinical candidates, Alkermes plc endeavors to transform the therapeutic landscape of neurological disorders. Moreover, the company fosters strategic collaboration agreements with prestigious entities such as Janssen Pharmaceutica N.V., Janssen Pharmaceutica Inc, and Janssen Pharmaceutica International, leveraging its proprietary technology platforms to assist third parties in developing, commercializing, and manufacturing their products.