Breaking News, Financial News

Financial Report: Alkermes

Manufacturing and royalty revenues down 24% in the quarter

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

Alkermes   1Q Revenues: $130.2 million (-20%)   1Q Loss: $24.4 million (earnings were $3.0 million in 1Q13)   Comments: Manufacturing and royalty revenues were $111.3 in the quarter, down 24%, with AMPYRA/FAMPYRA down 17% to $20.6 million. Manufacturing and royalty revenues from the company’s antipsychotic franchise, RISPERDAL CONSTA and INVEGA SUSTENNA/XEPLION, were $49.6 million, up 9%. VIVITROL sales were $17.1 million, up 17%. Royalty revenue from BYDUREON was $7.7 million, up 60%. R&D e...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters