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Alkermes to Report Third Quarter Financial Results on October 24, 2024
Prnewswire· 2024-10-17 20:00
Group 1 - Alkermes plc will host a conference call and webcast presentation on October 24, 2024, at 8:00 a.m. ET to discuss its third quarter financial results [1] - The webcast and accompanying slides will be available on Alkermes' website, and a replay will be accessible approximately two hours after the event [1] - The company is a global biopharmaceutical firm focused on developing innovative medicines in neuroscience, with a portfolio addressing alcohol dependence, opioid dependence, schizophrenia, and bipolar I disorder [2] Group 2 - Alkermes has a pipeline of clinical and preclinical candidates for neurological disorders, including narcolepsy and idiopathic hypersomnia [2] - The company is headquartered in Ireland, with additional offices in Massachusetts and a manufacturing facility in Ohio [2] - For investor relations inquiries, Jamie Constantine can be contacted at +1 781 873 2402 [2]
Alkermes to Host Investor Event to Review Orexin Portfolio Strategy
Prnewswire· 2024-09-25 12:00
DUBLIN, Sept. 25, 2024 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) announced today that it will host an investor event for financial analysts and institutional investors on Wednesday, Oct. 9, 2024 starting at 10:00 a.m. EDT in Waltham, Mass. Members of Alkermes' Research & Development team will review the company's orexin portfolio and development strategy. The event will also feature a clinician and thought leader panel discussion. A question and answer session will follow the presentations.The event will ...
Alkermes to Present Positive Clinical Data From Phase 1b Study of ALKS 2680 in Patients With Narcolepsy Type 2 and Idiopathic Hypersomnia at Sleep Europe 2024
Prnewswire· 2024-09-23 11:00
̶  Data From Narcolepsy Type 2 Cohort of ALKS 2680 Phase 1b Study to be Presented in Oral Presentation  ̶̶  Data From Idiopathic Hypersomnia Cohort of ALKS 2680 Phase 1b Study Accepted for Poster Presentation  ̶DUBLIN, Sept. 23, 2024 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) today announced plans to present clinical data from its phase 1b study of ALKS 2680 in patients with narcolepsy type 2 (NT2) and idiopathic hypersomnia (IH) at the European Sleep Research Society's (ESRS) 27th Congress, Sleep Europe 2 ...
Alkermes Announces Launch of 7th Annual Alkermes Pathways Research Awards® Program
Prnewswire· 2024-09-13 11:00
—  Competitive Grant Program to Offer Individual Grants of Up to $100,000 per Project  ——  Application Period to Run From Sept. 20, 2024 Through Nov. 30, 2024  —DUBLIN, Sept. 13, 2024 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) today announced that it will begin accepting applications for its annual Alkermes Pathways Research Awards® program on Friday, Sept. 20, 2024. Now in its seventh year, this competitive grant program is designed to support the next generation of researchers working on the front lines ...
Alkermes to Participate in the Morgan Stanley 22nd Annual Global Healthcare Conference
Prnewswire· 2024-08-28 20:00
DUBLIN, Aug. 28, 2024  /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) announced today that management will participate in a fireside chat presentation at the Morgan Stanley 22nd Annual Global Healthcare Conference on Wednesday, Sept. 4, 2024 at 2:35 p.m. EDT (7:35 p.m. BST). The live webcast may be accessed under the Investors tab on www.alkermes.com and will be archived for 14 days.About Alkermes plcAlkermes plc is a global biopharmaceutical company that seeks to develop innovative medicines in the field of n ...
Alkermes (ALKS) Begins Narcolepsy Type 2 Study on ALKS 2680
ZACKS· 2024-08-23 16:15
Alkermes plc (ALKS) announced the initiation of the phase II Vibrance-2 study, evaluating its novel, investigational, oral orexin 2 receptor agonist ALKS 2680 in adults with narcolepsy type 2 (NT2).The double-blind, placebo-controlled study will evaluate the safety and efficacy of ALKS 2680 as compared to placebo in adults with NT2. The primary endpoint of the Vibrance-2 study will check whether treatment with ALKS 2680 leads to a greater decrease in sleepiness versus placebo, as measured by the change in m ...
Alkermes Announces Initiation of Vibrance-2 Phase 2 Study Evaluating ALKS 2680 for the Treatment of Narcolepsy Type 2
Prnewswire· 2024-08-22 11:00
DUBLIN, Aug. 22, 2024 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) today announced initiation of the Vibrance-2 study, a phase 2 clinical trial evaluating the safety and efficacy of ALKS 2680 compared to placebo in adults with narcolepsy type 2 (NT2). ALKS 2680 is the company's novel, investigational, oral, selective orexin 2 receptor (OX2R) agonist in development as a once-daily treatment for narcolepsy, a chronic, neurological disorder characterized by excessive daytime sleepiness."We are pleased to initia ...
Here's Why Alkermes (ALKS) is a Strong Value Stock
ZACKS· 2024-08-19 14:40
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks ...
Why Alkermes (ALKS) is a Top Value Stock for the Long-Term
ZACKS· 2024-07-30 14:41
Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2]. Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum, helping investors identify securities likely to outperform the market in the short term [2][3]. - Stocks are rated from A to F, with A indicating the highest potential for outperformance [2]. Value Score - The Value Score focuses on identifying undervalued stocks using metrics like P/E, PEG, Price/Sales, and Price/Cash Flow [2]. Growth Score - The Growth Score assesses a company's future prospects by analyzing projected and historical earnings, sales, and cash flow [3]. Momentum Score - The Momentum Score evaluates stocks based on price trends and earnings outlook, helping investors capitalize on upward or downward price movements [3]. VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investing strategies [4]. Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to identify stocks with high potential returns, with 1 (Strong Buy) stocks averaging a 25.41% annual return since 1988 [5][6]. - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal investment opportunities [6]. Company Spotlight: Alkermes (ALKS) - Alkermes plc is a biopharmaceutical company focused on developing treatments for central nervous system disorders, formed from a merger in 2011 [7]. - The company currently holds a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating solid performance potential [7][8]. - Alkermes has a Value Style Score of A, with a forward P/E ratio of 10.19, making it attractive to value investors [8]. - Recent upward revisions in earnings estimates suggest a consensus estimate of $2.74 per share for fiscal 2024, with an average earnings surprise of 5.8% [8].
Alkermes' (ALKS) Q2 Earnings Miss Estimates, Revenues Beat
ZACKS· 2024-07-25 15:46
Alkermes plc (ALKS) reported adjusted earnings from continuing operations of 72 cents per share for second-quarter 2024, which missed the Zacks Consensus Estimate of 73 cents. The company had reported adjusted earnings of 78 cents per share in the year-ago quarter.ALKS’ total revenues of $399.1 million declined 35.3% from the year-ago quarter’s level owing to decreased manufacturing and royalty revenues. The top line, however, beat the Zacks Consensus Estimate of $394 million.Quarter in DetailAlkermes deriv ...