5 Firms Guide $2.1B Alkermes-Avadel Sleep Medicine Deal

By Al Barbarino · October 22, 2025, 3:42 PM EDT

Dublin-based Alkermes PLC has agreed to buy Avadel Pharmaceuticals PLC, a fellow Irish drugmaker focused on sleep medicine, in an all-cash deal valuing Avadel at about $2.1 billion, the companies said...

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