JPMorgan Upgrades Alkermes (ALKS) to Overweight. PT $78

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Alkermes (ALKS) PT Raised to $70 at Credit Suisse

October 21, 2016 9:29 AM EDT

Credit Suisse analyst Vamil Divan reiterated an Outperform rating and raised its price target on Alkermes (NASDAQ: ALKS) to $70.00 (from $52.00) after the company released positive data after the close from the third Phase 3 study for their pipeline anti-depression drug ALKS-5461.

Divan... More

Alkermes (ALKS) PT Raised to $70 at Jefferies

October 21, 2016 7:22 AM EDT

Jefferies analyst Biren Amin reiterated a Buy rating an lifted his price target on Alkermes (NASDAQ: ALKS) to $70.00 (from $62.00) after ALKS 5461 for MDD at 2mg/2mg hit stat sig on MADRS-6 scale in FORWARD-5, the third of three PIII studies to assess efficacy of... More

Alkermes (ALKS) PT Raised to $70 at Leerink Partners

October 21, 2016 6:41 AM EDT

Leerink Partners analyst Paul Matteis reiterated an Outperform rating and raised its price target on Alkermes (NASDAQ: ALKS) to $70.00 (from $57.00) after the company announced positive results from their third ph3 study for ALKS5461 in depression.

Matteis commented, "We were previously... More

Alkermes' (ALKS) FORWARD-5 Pivotal Phase 3 Study of ALKS 5461 for Major Depressive Disorder Mets Primary Endpoint

October 20, 2016 4:01 PM EDT

Alkermes plc (NASDAQ: ALKS) today announced positive topline results from FORWARD-5, the third phase 3 efficacy study to read out from the FORWARD pivotal program for ALKS 5461, a once-daily, oral investigational medicine with a novel mechanism of action for the adjunctive treatment of major depressive disorder (MDD) in patients with an inadequate response to standard antidepressant therapies. The... More

Alkermes plc (ALKS) Announces Third ALKS 5461 Phase 3 Met Primary Endpoint in MDD

October 20, 2016 4:00 PM EDT

Alkermes plc (NASDAQ: ALKS) announced positive topline results from FORWARD-5, the third phase 3 efficacy study to read out from the FORWARD pivotal program for ALKS 5461, a once-daily, oral investigational medicine with a novel mechanism of action for the adjunctive treatment of major depressive disorder (MDD) in patients with an inadequate response to standard antidepressant therapies. The study... More