Alkermes claims ALKS 8700 success; third pipeline win in 2015

Alkermes plans to move ALKS 8700, a novel monomethyl fumarate (MMF) molecule and a competitor for Biogen Idec's successful oral multiple sclerosis (MS) drug Tecfidera (dimethyl fumarate), into pivotal studies following a large, placebo-controlled Phase I clinical trial.