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Home > Company Index > Drugs > Drug Delivery > Alkermes, Inc.

Alkermes, Inc.
Nasdaq: ALKS
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 NEWS FROM THE STANDARD
Drug Money
Jun 11 2001 12:00 AM PDT

 PROFILE
Neither thick skin, a stubborn blood/brain barrier, nor efficient digestive enzymes will stop Alkermes from making its drug deliveries. The company's proprietary ProLease and Medisorb sustained-release injection technologies enable a controlled release of drugs and longer intervals between doses than traditional injectable compounds. Its Cereport product, though not a drug-delivery technology, relaxes the blood vessels to the brain so drugs can more easily target brain tumors. Other products include DST (oral dosage) and RingCap (specialized time-release capsules). Alkermes is developing delivery systems with companies such as ALZA and Genentech for their drug candidates.

 COMPETITION
Andrx Corporation (ADRX)
Biovail Corporation (BVF)
Penwest Pharmaceuticals Co. (PPCO)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 56.00
1-Yr. Sales Growth: 144.5%
Employees: 415
Revenue per employee: $134,939.76

 KEY PEOPLE
• Richard F. Pops
    CEO
• James M. Frates
    CFO

 CONTACT INFO
64 Sidney St.
Cambridge, MA 02139
US
Phone: 617-494-0171
Fax: 617-494-9263
Online: Web Site

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