Alkermes (ALKS) Announces Agreement with Sarissa Capital

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Alkermes Announces Agreement with Sarissa Capital

April 30, 2021 7:00 AM EDT

DUBLIN, April 30, 2021 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) today announced that it has reached an agreement with Sarissa Capital Management LP ("Sarissa Capital"), a beneficial owner of approximately 5% of the company's outstanding ordinary shares, pursuant to which Sarissa Capital has the right to designate a director to the company's Board of Directors (the "Board").

This agreement follows constructive dialogue between the parties related to the... More