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Alkermes soars on positive schizophrenia data

 
• By Gemma Collier

Alkermes stock rocketed after the company revealed its second set of positive data in two days, this time for schizophrenia drug ALKS 3831.

Alkermes stock rocketed after the company revealed its second set of positive data in two days, this time for schizophrenia drug ALKS 3831.

After gaining 2.6% on 6 January following positive results for ALKS 5461 in depression (scripintelligence.com, 6 January 2015), the company...

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• By Jessica Merrill

The company is expecting US FDA approval of the drug in a bigger indication, major depressive disorder, later this year.

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