tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Avadel Pharmaceuticals Acquired by Alkermes for $2.1 Billion

Story Highlights
  • Avadel Pharmaceuticals will be acquired by Alkermes for up to $20.00 per share.
  • The acquisition enhances Alkermes’ entry into the sleep medicine market with Avadel’s LUMRYZ™.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Avadel Pharmaceuticals Acquired by Alkermes for $2.1 Billion

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Avadel Pharmaceuticals ( (AVDL) ) just unveiled an update.

On October 22, 2025, Avadel Pharmaceuticals entered into a transaction agreement with Alkermes, under which Alkermes will acquire Avadel for up to $20.00 per share, valuing the transaction at approximately $2.1 billion. This acquisition, expected to close in the first quarter of 2026, will make Avadel a wholly-owned subsidiary of Alkermes, enhancing Alkermes’ entry into the sleep medicine market and expanding its commercial portfolio with Avadel’s product, LUMRYZ™. The deal is anticipated to be immediately accretive, enhancing Alkermes’ revenue growth and profitability, while leveraging Avadel’s established commercial infrastructure and expertise in rare diseases.

The most recent analyst rating on (AVDL) stock is a Buy with a $16.50 price target. To see the full list of analyst forecasts on Avadel Pharmaceuticals stock, see the AVDL Stock Forecast page.

Spark’s Take on AVDL Stock

According to Spark, TipRanks’ AI Analyst, AVDL is a Outperform.

Avadel Pharmaceuticals is on a positive trajectory with strong revenue growth and improved operational margins. The earnings call highlighted significant growth in patient demand and strong financial performance, leading to an optimistic outlook. However, profitability challenges and a negative P/E ratio weigh on the valuation, while technical indicators suggest potential short-term overbought conditions.

To see Spark’s full report on AVDL stock, click here.

More about Avadel Pharmaceuticals

Avadel Pharmaceuticals is a commercial-stage biopharmaceutical company focused on developing innovative treatments in the sleep medicine space. The company is recognized for its FDA-approved product, LUMRYZ™ (sodium oxybate), which treats cataplexy or excessive daytime sleepiness in narcolepsy patients over seven years old. Avadel has successfully built a commercial organization, driving strong demand for LUMRYZ™, with significant growth potential in the U.S. market.

Average Trading Volume: 1,389,203

Technical Sentiment Signal: Buy

Current Market Cap: $1.53B

For detailed information about AVDL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1