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Alkermes Brushes Off IP Pressures To Look to Potential Blockbuster Vivitrol

 
• By John Davis

Recent intellectual property rulings have potentially been both positive and negative for specialty company Alkermes, which is still forecasting growing revenues driven by its marketed opioid addiction therapy and progress with its Phase III CNS products pipeline.

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Alkermes PLC has come out just about evens from a couple of recent US court rulings on IP protection involving other companies that potentially also affect the Ireland-headquartered specialty company. And with its marketed products showing progress, Alkermes expects total revenues, including royalties and product sales, to increase by 20% in 2017, led by the addiction therapy, Vivitrol (naltrexone).

Alkermes manufactures Acorda Therapeutics Inc.’s multiple sclerosis therapy Ampyra (dalfampridine) and receives royalties on sales, but a US district...

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