Alkermes (ALKS) PT Lowered to $59 at Jefferies

Go back to Alkermes (ALKS) PT Lowered to $59 at Jefferies

Alkermes (ALKS) PT Lowered to $55 at Cowen

April 2, 2018 1:13 PM EDT

Cowen lowered its price target on Alkermes (NASDAQ: ALKS) to $55.00 (from $66.00) while maintaining an Outperform rating following the FDA'S RTF for the NDA for ALKS 5461.

"Amidst uncertainty over potential next steps which will play out over the coming months, out of... More

Alkermes (ALKS) PT Lowered to $45 at Cantor Fitzgerald

April 2, 2018 12:05 PM EDT

Cantor Fitzgerald lowered its price target on Alkermes (NASDAQ: ALKS) to $45.00 (from $50.00) while maintaining a Neutral rating.

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Intra-Cellular Therapies (ITCI) Trades Lower in Sympathy with Peer Alkermes (ALKS)

April 2, 2018 7:48 AM EDT

Intra-Cellular Therapies (NASDAQ: ITCI) shares were in focus Monday after peer Alkermes (NASDAQ: ALKS) received a refuse to file letter from the FDA for ALKS 5461 for the adjunctive treatment of major depressive disorder.

Alkermes declined 18% and Intra-Cellular Therapies traded lower by as much as 9%.

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Alkermes plc (ALKS) Says it Received Refusal to File Letter From FDA for ALKS 5461

April 2, 2018 7:00 AM EDT

Alkermes plc (Nasdaq: ALKS) today announced that it received a Refusal to File letter from the U.S. Food and Drug Administration (FDA) regarding its New Drug Application (NDA) 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.

Upon its preliminary review, the FDA has taken the position that it is unable to complete a... More