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Key commercial products up 22% in the quarter
July 25, 2013
By: Tim Wright
Alkermes 2Q Revenues: $138.6 million (-9%) 2Q Earnings: $7.3 million (earnings were $22.4 million 2Q12) Comments: Revenues from the company’s five key commercial products for the quarter grew 22% to $98.9 million. Manufacturing and royalty revenues from Risperdal Consta and Invega Sustenna/Xeplion were $56.2 million, up 16%. Manufacturing and royalty revenues from Ampyra/Fampyra were $19.9 million, up 16%. Net sales of Vivitrol were $17.4 million, up 40%. Royalty revenue from Bydureon was $5.4 million, up 80%. 2Q12 results included $20.0 million of intellectual property license revenue.
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