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An update from Alkermes ( (ALKS) ) is now available.
Alkermes is poised for growth in 2024 with its neuroscience focus, driven by four core products that have generated over $1 billion in revenue. The company aims to sustain profitability and significant cash generation, leveraging its robust drug development capabilities and expanding its neuroscience pipeline. Alkermes plans to advance its orexin 2 receptor agonist program, explore external opportunities, and focus on capital allocation, potentially returning capital to shareholders.
For a thorough assessment of ALKS stock, go to TipRanks’ Stock Analysis page.
