Alkermes plc announced receipt of a complete response letter from the US Food and Drug Administration for its new drug application for ALKS 3831 for schizophrenia and bipolar disorder on 17 November due to a manufacturing issue. The FDA denied approval by the 15 November action date, not because of safety and efficacy questions but because the FDA could not conduct a physical site inspection due to the COVID-19 pandemic.
On a same-day investor call, Alkermes CEO Richard Pops said he hopes the company can quickly submit data showing resolution...







