Alkermes Completes Acquisition of Avadel, Boosts Sleep Medicine Portfolio.
ByAinvest
Thursday, Feb 12, 2026 7:40 am ET1min read
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• Alkermes completes Avadel acquisition, enters sleep medicine market • LUMRYZ (Sodium Oxybate) for extended-release oral suspension added to commercial portfolio • Expected to be accretive in 2026, positions company for accelerated innovation and leadership • Diversifies commercial portfolio with high potential growth product for sleep disorders • Strengthens Alkermes' revenue growth profile and expands commercial capabilities.
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