Richard Pops, Alkermes CEO (Patrick T. Fallon/Bloomberg via Getty Images)

FDA doc­u­ments raise opi­oid abuse po­ten­tial but pave a path to­ward bad­ly-need­ed ap­proval for Alk­er­mes

Alk­er­mes’ lat­est at­tempt to get an in-house drug past the FDA seems to be go­ing bet­ter than the pre­vi­ous one.

The agency re­leased their as­sess­ment of ALKS-3831, the Irish biotech’s ex­per­i­men­tal drug for schiz­o­phre­nia and bipo­lar I dis­or­der, ahead of an ad­vi­so­ry com­mit­tee hear­ing Fri­day. And while FDA re­view­ers flagged at least one key is­sue, the doc­u­ments over­all point to a far eas­i­er path to ap­proval than Alk­er­mes faced the last time they went to reg­u­la­tors, when the re­jec­tion of a con­tro­ver­sial opi­oid for de­pres­sion helped trig­ger lay­offs and a strate­gic shift at the Richard Pops-led com­pa­ny.

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