Alkermes (ALKS) PT Lowered to $45 at BofA/Merrill Lynch; Sees Loss in 2015

Go back to Alkermes (ALKS) PT Lowered to $45 at BofA/Merrill Lynch; Sees Loss in 2015

Alkermes plc (ALKS) Phase 1 Study of ALKS 7106 Fails, Further Development Halted

February 24, 2015 7:05 AM EST

Alkermes plc (NASDAQ: ALKS) today announced topline results from a phase 1 clinical study of ALKS 7106, a new molecule intended for the treatment of pain. The randomized, double-blind, placebo-controlled study was designed to evaluate the safety, tolerability and pharmacokinetics of single escalating doses of ALKS 7106 in 64 healthy adults. Data from the study showed that ALKS 7106 did not meet... More

Alkermes plc (ALKS) Tops Q4 EPS by 7c; Guides FY15

February 24, 2015 7:03 AM EST

Alkermes plc (NASDAQ: ALKS) reported Q4 EPS of $0.11, $0.07 better than the analyst estimate of $0.04. Revenue for the quarter came in at $175.2 million versus the consensus estimate of $161.7 million.

Alkermes plc sees FY2015 EPS of $0.27-$0.40, versus the consensus of $0.20. Alkermes plc sees FY2015... More