ALKS Alkermes Plc

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by the Board of Directors of Alkermes plc

Levi & Korsinsky announces it has commenced an investigation of Alkermes plc (“Alkermes” or “the Company”) (NASDAQGS:ALKS) concerning possible violations of federal securities laws.

On April 2, 2018, Alkermes announced receipt of a Refusal to File letter from the U.S. Food and Drug Administration regarding its New Drug Application for ALK 5461. According to Alkermes, the FDA determined it “is unable to complete a substantive review of the regulatory package, based on insufficient evidence of overall effectiveness for the proposed indication, and that additional well-controlled clinical trials are needed prior to the resubmission of the NDA for ALKS 5461.” Following this news, shares of Alkermes were down more 4% on intraday trading on April 3, 2018. To obtain additional information, go to:

http://www.zlkdocs.com/ALKS-Info-Request-Form-6239

or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

EN
03/04/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Alkermes Plc

Alkermes, Inc.: Credit analysis following assignment of Ba2 CFR

Our credit view of this issuer reflects its strong credit metrics highlighted by moderate financial leverage, constrained by its pipeline execution and commercialization risk.

Moody's Ratings assigns Ba2 CFR to Alkermes; outlook stable

Moody's Ratings  (Moody's) assigned ratings to Alkermes, Inc. ("Alkermes"), including a Ba2 Corporate Family Rating (CFR), Ba2-PD Probability of Default Rating (PDR). Concurrently, we assigned Ba2 ratings to the senior secured bank credit facilities comprised of term loan A due 2031 and term loan B ...

Alkermes, Inc.: Update to credit analysis

Alkermes credit profile reflects its modest financial leverage and strong liquidity, offset by revenue concentration in three neuroscience-based products and approaching generic competition.

Moody's affirms Alkermes' Ba3 CFR, outlook stable

Moody's Investors Service ("Moody's") affirmed the ratings of Alkermes, Inc., a subsidiary of Alkermes plc (collectively "Alkermes"). The affirmed ratings include the Ba3 Corporate Family Rating, the Ba3-PD Probability of Default Rating, and the Ba3 senior secured term loan rating. There is no chang...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch