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Revenues up 14% in the quarter
October 31, 2014
By: Kristin Brooks
Alkermes 3Q Revenues: $160.0 million (+14%) 3Q Loss: $40.0 million (loss of $7.8 million 3Q13) YTD Revenues: $443.6 million (flat) YTD Loss: $60.6 million (earnings were $2.6 million YTD13) Comments: Manufacturing and royalty revenues for the long-acting atypical antipsychotic franchise, RISPERDAL CONSTA and INVEGA SUSTENNA/XEPLION, were $68.5 million in the quarter, up 9%. Manufacturing and royalty revenues from AMPYRA/FAMPYRAwere $16.5 million, up 31%. Sales of VIVITROL were $25.8 million, up 34%. Royalty revenue from BYDUREON was $10.3 million, up 46%.
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