ALKS CEPH
Vivitrol for alcohol addiction will be priced at $695 per monthly injection. Hence, if someone stayed on the drug for a year, the cost before reimbursement would come to a whopping $8,340.
Despite the high price, ALKS issued guidance for sales of only $35-45M by 3/31/07 (the end of ALKS’ FY), reinforcing my oft-stated comments that Vivitrol is likely to be a commercial dog.
(Source: ALKS FY4Q06 CC)
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”