Mission Statement, Vision, & Core Values (2024) of Alkermes plc (ALKS)

Mission Statement, Vision, & Core Values (2024) of Alkermes plc (ALKS)

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An Overview of Alkermes plc (ALKS)

General Summary of Alkermes plc (ALKS)

Alkermes plc is a global biopharmaceutical company headquartered in Dublin, Ireland, with operations in the United States. The company focuses on developing innovative medicines for central nervous system (CNS) disorders, addiction, and oncology.

Company Details Information
Headquarters Dublin, Ireland
Founded 2011
Stock Exchange Listing NASDAQ: ALKS

Key Products and Services

  • ARISTADA (aripiprazole lauroxil) - Long-acting injectable antipsychotic medication
  • VIVITROL - Treatment for alcohol and opioid dependence
  • LYBALVI - Oral antipsychotic medication for schizophrenia and bipolar disorder

Financial Performance in Latest Reporting Period

Financial Metric 2023 Value
Total Revenue $1.15 billion
Product Sales Revenue $555.7 million
Net Income $89.4 million

Industry Leadership

Alkermes plc stands as a prominent player in the biopharmaceutical industry, particularly in CNS disorder treatments. The company's innovative pipeline and strategic focus on complex therapeutic areas differentiate it from competitors.

Research & Development 2023 Investment
R&D Expenses $377.6 million
Active Clinical Trials 8 ongoing programs

Market Position

  • Top 5 company in CNS pharmaceutical market
  • Recognized for innovative drug delivery technologies
  • Strong presence in addiction treatment market



Mission Statement of Alkermes plc (ALKS)

Mission Statement of Alkermes plc (ALKS)

Alkermes plc (NASDAQ: ALKS) mission statement focuses on developing innovative pharmaceutical solutions to address complex central nervous system (CNS) disorders and serious chronic diseases.

Core Mission Components

Pharmaceutical Innovation

Alkermes committed to developing advanced pharmaceutical technologies with specific focus areas:

  • CNS disorder treatments
  • Addiction management medications
  • Schizophrenia interventions
Research Investment 2024 Allocation
R&D Expenditure $326.7 million
CNS Research Budget $187.4 million

Treatment Portfolio

Current pharmaceutical portfolio targeting specific medical conditions:

  • VIVITROL® for alcohol and opioid dependence
  • ARISTADA® for schizophrenia management
  • LYBALVI® for schizophrenia and bipolar disorder
Product 2023 Revenue
VIVITROL® $341.2 million
ARISTADA® $289.7 million

Research Pipeline

Ongoing clinical development initiatives targeting unmet medical needs:

  • Advanced neurological disorder treatments
  • Long-acting injectable medications
  • Proprietary drug delivery technologies
Pipeline Stage Number of Programs
Preclinical Stage 6 programs
Clinical Trial Stage 4 programs



Vision Statement of Alkermes plc (ALKS)

Vision Statement of Alkermes plc (ALKS) in 2024

Strategic Positioning in Neuroscience and Pharmaceuticals

Alkermes plc focuses on developing innovative medicines in neuroscience and oncology with a specific emphasis on addressing complex central nervous system disorders.

Key Vision Components

Therapeutic Focus Areas
Disease Category Primary Research Target
Neurological Disorders Schizophrenia, Addiction, Depression
Oncology Advanced Cancer Treatments
Research and Development Priorities
  • Advanced drug delivery technologies
  • Long-acting injectable medications
  • Proprietary microsphere platform

Innovation Metrics

R&D Investment 2024 Value
Annual Research Expenditure $308.7 million
Patent Portfolio 87 active patents
Global Market Positioning

Nasdaq-listed pharmaceutical company headquartered in Dublin, Ireland, with significant operational presence in Massachusetts, USA.

Pipeline Development Strategy

  • Continuous investment in novel therapeutic solutions
  • Focus on unmet medical needs
  • Precision medicine approach
Financial Performance Indicators
Metric 2024 Value
Total Revenue $1.12 billion
Market Capitalization $3.8 billion



Core Values of Alkermes plc (ALKS)

Core Values of Alkermes plc (ALKS) in 2024

Innovation and Scientific Excellence

Alkermes demonstrates commitment to innovation through significant R&D investments.

R&D Expenditure 2023 Total Research Investments
$285.4 million 19.4% of total revenue
  • 3 new drug candidates in clinical development
  • 12 active research programs across neurological and addiction treatment areas
  • 38 patent applications filed in 2023

Patient-Centered Approach

Alkermes focuses on developing treatments for complex medical conditions.

Patient Treatment Areas Number of Patients Served
Schizophrenia Approximately 125,000 patients annually
Addiction Treatment Over 90,000 patients treated

Ethical Business Practices

Commitment to transparency and corporate responsibility.

Compliance Metrics 2023 Data
Ethical Compliance Training 100% employee participation
Corporate Governance Ratings A- from MSCI ESG

Sustainability Commitment

Environmental and social responsibility initiatives.

  • Carbon emissions reduction: 22% since 2019
  • Renewable energy usage: 35% of total energy consumption
  • Waste reduction: 18% decrease in manufacturing waste

Collaborative Research Approach

Strategic partnerships and collaborative research efforts.

Research Collaborations 2023 Details
Academic Partnerships 7 active research collaborations
Pharmaceutical Partnerships 4 active joint development programs

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