Archive for November 20th, 2008

News: Alkermes Announces Third Quarter Fiscal 2008 Results. …

Thursday, November 20th, 2008

Alkermes, Inc. (NASDAQ: ALKS) today announced financial results
for its third quarter of fiscal 2008. Financial highlights for the
quarter ended December 31, 2007 include:

— Sixth consecutive profitable quarter on a GAAP basis, with net
income of $168.9 million. Net income for the third quarter
included proceeds from the sale of the company’s stake in
Reliant Pharmaceuticals, Inc.

— Quarterly revenues of $50.8 million. World…