Alkermes shares surge 10.12% intraday after announcing Avadel acquisition and positive Phase II trial results for alixorextonALKS 2680.
ByAinvest
Tuesday, Mar 31, 2026 9:51 am ET1min read
ALKS--
Alkermes surged 10.12% intraday, driven by the company's announcement in October 2025 of its acquisition of Avadel, with the transaction completed in February 2026, accelerating pipeline integration. Additionally, in 2025, Alkermes completed two Phase II studies for alixorexton (ALKS 2680) in NT1 and NT2, both achieving positive top-line results ahead of schedule and initiating Phase III preparations.
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