Alkermes ready to file schizophrenia candidate on good trial results

30 November 2018

Ireland-headquartered Alkermes (Nasdaq: ALKS) has announced positive top-line results from ENLIGHTEN-2, a pivotal Phase III study of ALKS 3831 (olanzapine/samidorphan), an investigational, novel, once-daily, oral atypical antipsychotic drug candidate for the treatment of schizophrenia.

With the successful completion of ENLIGHTEN-2, Alkermes plans to submit a New Drug Application (NDA) to the US Food and Drug Administration in mid-2019.

Although the company's shares gained 7% in pre-market trading yesterday, they closed the day down 3.06% at $37.75.

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