Alkermes Plc (ALKS.O)
22 Jul 2014
|Market Cap (Mil.):||$6,563.88|
|Shares Outstanding (Mil.):||144.52|
SAN DIEGO - Dublin, Ireland-based Alkermes Plc has the low-tax domicile currently in vogue among multinational pharmaceutical companies but is not interested in being bought out as it nears the launch of new drugs, its chief executive said on Monday.
- Alkermes Plc said it planned to seek U.S. marketing approval for its experimental drug to treat the symptoms of schizophrenia after it succeeded in a late-stage study, sending the company's shares up as much as 11 percent.
* To apply for U.S. marketing approval in the third quarter
(Corrects to remove paragraphs referring to Alzheimer's disease. Alkermes' drug is not used to treat Alzheimer's)
April 8 - Alkermes Plc said its experimental drug to treat the symptoms of schizophrenia met the main goal of reducing the severity of symptoms of the disease in a late-stage study.
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