Alkermes, Inc. Q3 2009 Earnings Call Transcript

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2009-02-17 10:22:17.0

Tags: Financial, Call Transcript, Earnings, Alkermes Inc., Listeners, Financial Accounting, Finance, Seeking Alpha

Earnings Call Excerpt

Alkermes, Inc. (ALKS)

Q3 2009 Earnings Call Transcript

February 05, 2009 at 4:30 pm ET

Executives

James Frates - Chief Financial Officer, Senior Vice President and Treasurer

David Broecker - President and Chief Executive Officer

Richard Pops - Chairman

Rebecca Peterson - Vice President, Corporate Communications

Analysts

Cory Kasimov - JPMorgan

Dave Windley - Jeffries & Company

Gene Mack - Lazard Capital

Ian Sanderson - Cowen & Company

Robert Hazlett - BMO Capital Markets

Patti Banks - Pacific Growth

Presentation

Operator

Ladies and gentlemen thank you for standing by. Welcome to the Alkermes conference call to discuss the Company's third quarter financial results for fiscal 2009. At this time, all participants are in a listen-only mode. There will be a question-and-answer session to follow. Please be advised that this call is being taped at Alkermes' request.

Now I would like to introduce your host for today's call, Ms. Rebecca Peterson, Vice President of Corporate Communications at Alkermes. Please go ahead.

Rebecca Peterson

Good afternoon, and welcome to the Alkermes conference call to discuss our financial results for the third quarter of fiscal 2009, which ended on December 31st, 2008. With me this afternoon are our CEO, David Broecker; our CFO, Jim Frates; and our Chairman Richard Pops.

Before we begin, let me remind you that during the call today, we will make forward-looking statements relating to among other things our expectations concerning the commercialization of RISPERDAL CONSTA and VIVITROL, our future financial and business performance, including our financial expectations for fiscal 2009 and our expectations concerning the therapeutic value and the continued development of our product candidates. Listeners are cautioned that these statements are neither promises nor guarantees, but are subject to risks and uncertainties that could cause our actual results to differ materially from the results contemplated by these forward-looking statements. You can find a list and a detailed description of these risks and other risks in our Annual Report on Form 10-K, filed on May 30th, 2008 and other periodic reports filed with the SEC under the Securities and Exchange Act of 1934 as amended. We undertake no obligation to update or revise the information provided on this call.

This afternoon, Jim Frates will discuss our third quarter financial results and our revised financial expectations for fiscal 2009, David Broecker will then provide an update on our business. After our remarks, we will open it up for Q&A. Now, I will turn over the call to Jim to review the financial results.

 

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