Alk­er­mes forges $950M biotech buy­out deal in a bold bet on an ear­ly-stage CNS drug plat­form

Alk­er­mes $ALKS is in­vest­ing $100 mil­lion cash and com­mit­ting up to $850 mil­lion more in mile­stones in a big wa­ger on a very ear­ly-stage CNS …

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