Vivitrol recommendation lifts Alkermes

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Shares of Cambridges Alkermes Inc. rose after an FDA panel recommended approval of a second use for its addiction drug Vivitrol. It is currently approved for the treatment of alcoholism. The advisory panel voted 12 to 1 that the drug should be approved for opiate addiction treatment. A final decision by the agency is due by Oct. 12. The recommendation … Alkermes – Food and Drug Administration …

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