Earnings GrowthAvadel Pharmaceuticals posted strong 2Q25 results with sales of $68.1 million, exceeding prior expectations and leading to an increased FY25 guidance.
Market ExpansionThe once-nightly oxybate (Lumryz) has been well received in the market, and it is expected to continue to expand the oxybate market and take additional market share.
Strategic AcquisitionsThe acquisition is intended to immediately advance Alkermes into the sleep space by bringing in Avadel’s commercial product LUMRYZ, and leveraging Avadel’s commercial infrastructure and experience in the sleep business.