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News Breaks
April 9, 2014
07:49 EDTALKSAlkermes price target raised to $66 from $60 at Leerink
Leerink raised its price target yesterday for shares of Alkermes to $66 after the company reported positive top-line aripiprazole lauroxil Phase III data. The firm expects FDA approval and launch in Q3 of 2015 and reiterates an Outperform rating on the stock.
News For ALKS From The Last 14 Days
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October 30, 2014
08:14 EDTALKSAlkermes proprietary programs remain on track, says Leerink
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08:09 EDTALKSAlkermes pipeline value set to come into focus, says FBR Capital
FBR Capital says investor sentiment toward Alkermes will "meaningfully shift" over the next 18 months as results from key trials become available. With an FDA action date of August 22, 2015, FBR believes the commercial potential of aripiprazole lauroxil may not be known until 2016. It thinks the 2016 results from the Phase III program of ALKS 5461, a potential treatment for major depressive disorder, may be more important. It sees the company's pipeline value coming into focus over the next six to 18 months and keeps a Market Perform rating on Alkermes following the company's Q3 results.
October 29, 2014
07:13 EDTALKSAlkermes reports Q3 AMPYRA, FAMPYRA revenues $16.5M
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07:11 EDTALKSAlkermes says entering Q4 with 'strong momentum'
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07:09 EDTALKSAlkermes sees FY14 free cash flow $20M
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07:05 EDTALKSAlkermes sees FY14 EPS 19c-32c consensus 27c
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07:04 EDTALKSAlkermes reports Q3 EPS 3c, consensus 2c
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October 23, 2014
06:51 EDTALKSAlkermes concerns removed with FDA acceptance, says Citigroup
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October 22, 2014
07:02 EDTALKSAlkermes aripiprazole lauroxil NDA accepted for filing by FDA
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October 21, 2014
07:54 EDTALKSLeerink a buyer of Alkermes, ImmunoGen, Incyte
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