Introduction

Alkermes is a biotechnology company focused on drug development process from a patient-centric perspective, beginning with a thorough understanding of the challenges patients face on a day-to-day basis. The company's acquisition of Medisorb Technologies and Advanced Inhalation Research (AIR) in 1996 and 1996 have resulted Alkermes in emerging as strong player with proven proprietary technologies.

Scope

TABLE OF CONTENTS
Overview 1
Catalyst 1
Summary 1
Company Structure 6
Company Overview and Key Facts 6
Business Description 7
History 8
Locations and Subsidiaries 11
Company Financials 12
Stock Market Performance 12
P&L 15
Balance Sheet 18
Cash Flow 18
Business Segment Performance 19
Products & Services 22
Marketed Products 22
Pipeline Products 23
Technologies 25
AC Forecast Product Sales 26
Competitors and Strategic Business Relationships 27
Key Competitors 27
Key Suppliers 27
Key Clients 28
Shareholding Structure 29
Strategy 30
Company View 30
Corporate Strategy 31
SWOT Analysis 32
Overview 32
Strengths 33
Weaknesses 34
Opportunities 35
Threats 36
Value Chain Analysis 37
Overview 37
Product Development 38
Manufacturing 39
Scorecard 40
Overview 40
Scorecard Analysis 41
Key Employees 42
List of Key Employees 42
Key Employee Biographies 43
Financial and Operational Overview 49
Financial and Operational Overview 49
APPENDIX 52
Ask the analyst 52
Datamonitor consulting 52
Disclaimer 52


TABLE OF FIGURES
Figure 1: Alkermes - Operating Revenue/Cost Analysis, 2002-2007 ($ Mn) 16
Figure 2: Alkermes - Key Strategic Revenues, 2003-2007 ($ Mn) 21


TABLE OF TABLES
Table 1: Alkermes - Key Facts 6
Table 2: Alkermes – Locations and Subsidiaries 11
Table 3: Alkermes - Year-End Share Price and Market Capitalization, 2002-2006 ($) 12
Table 4: Alkermes - Key Events Impacting Share Price Performance 13
Table 5: Alkermes - Operating Revenue/Cost Analysis, 2002-2007 ($ Mn) 15
Table 6: Alkermes - Operating Cost Ratio Analysis, 2002-2007 (% of total revenues) 17
Table 7: Alkermes - Balance Sheet, 2002-2006 ($ Mn) 18
Table 8: Alkermes – Cash Flow, 2002-2006 ($ Mn) 18
Table 9: Alkermes - Revenue Breakdown by Division, 2002-2007 ($ Mn) 19
Table 10: Alkermes - Marketed Products 22
Table 11: Alkermes - In-house Pipeline Products 23
Table 12: Alkermes - Collaboration Products 23
Table 13: Alkermes - Forecast Sales, 2006-2011 ($ Mn) 26
Table 14: Alkermes - Key Competitors 27
Table 15: Alkermes - Key Suppliers 28
Table 16: Alkermes - Key Clients 28
Table 17: Alkermes - Key Shareholders 29
Table 18: Alkermes - SWOT Analysis Summary 32
Table 19: Alkermes - Value Chain Analysis 38
Table 20: Alkermes - Scorecard 40
Table 21: Alkermes - Key Employees 42
Table 22: Alkermes - Financial and Operational Overview 50