Alkermes Reveals Recipients of the 2 nd Annual Competitive Grants Program to
Support Those Affected by Mental Health and Substance Use Disorders
— ALKERMES INSPIRATION GRANTS ® Program Awards $1 Million to Non-Profit
Organizations for the Development or Expansion of Innovative Programs —
Alkermes plc (NASDAQ: ALKS) today announced the company awarded $1 million in grants to national and local
non-profit community organizations for the implementation of innovative, high-impact and replicable programs designed to support
people affected by mental health and substance use disorders. Now in its second year, ALKERMES INSPIRATION GRANTS ® focuses on two key areas: improving or enhancing support or resources for people affected by mental health concerns or
substance use disorder, and/or integrating the perspective of people affected by mental health concerns or addiction into drug
development or care delivery.
“Addiction and mental illness affect millions of people and their families every day, and require an integrated approach to
treatment that is scalable in communities across the country,” said Richard Pops, Chief Executive Officer of Alkermes. “Medicines
play a role, but importantly, it is the innovative programs designed to support people affected by these diseases and led by
passionate leaders on the front lines that will ignite sustainable and meaningful change for patients.”
Nearly 300 proposals were received from local, regional and national non-profit organizations across the U.S. Thirteen grants
were awarded to programs demonstrating the potential for high impact and an ability for sustainability and/or replication, and
innovative and creative approaches to support the broader needs of people in the mental health and addiction communities. To view
the full list of recipients, please click here.
“We are again encouraged and inspired by the overwhelming number of high quality applications to our grants program this year,”
said Nikki Levy, Vice President of Patient Engagement at Alkermes. “These organizations are doing incredible work and help bring an
important perspective to what we do at Alkermes. We look forward to seeing the lasting impact these organizations will have on
communities affected by serious mental illness and substance use disorders.”
“Alkermes is on the leading edge of biopharmaceutical companies who recognize that their role and commitment to support patients
and families extend beyond developing innovative medicines,” said Kim McCleary, Managing Director at FasterCures. “Having served on
the review committee for two years now, the breadth of unmet needs of people affected by mental health conditions and substance use
disorders is staggering, and the novel approaches to meeting those needs at the grassroots level are inspiring. I applaud Alkermes
for prioritizing the support of these organizations and providing funding to make innovative programs a reality. It’s a model for
meeting patients where they are and recognizing the totality of the impact of disease on their lives and the lives of those around
them.”
Recipients were selected by an external and internal review committee, including representatives from Alkermes, a patient
advocate, a representative from the criminal justice system, a person in recovery and a caregiver. Proposals were evaluated based
on a standard set of review criteria, which included potential impact, identification of need and creativity of the solution,
ability to execute, and sustainability of the program.
For more information on the ALKERMES INSPIRATION GRANTS program, please visit www.alkermes.com/inspirationgrants.
About Alkermes
Alkermes plc is a fully integrated, global biopharmaceutical company developing innovative medicines for the treatment of
central nervous system (CNS) diseases. The company has a diversified commercial product portfolio and a substantial clinical
pipeline of product candidates for chronic diseases that include schizophrenia, depression, addiction and multiple sclerosis.
Headquartered in Dublin, Ireland, Alkermes plc has an R&D center in Waltham, Massachusetts; a research and manufacturing
facility in Athlone, Ireland; and a manufacturing facility in Wilmington, Ohio. For more information, please visit Alkermes’
website at www.alkermes.com.
ALKERMES INSPIRATION GRANTS® is a registered service mark of Alkermes, Inc.
Alkermes Contacts:
For Investors:
Eva Stroynowski, +1 781-609-6823
or
Sandy Coombs, +1 781-609-6377
or
For Media:
Lindsey Smith, +1 781-609-6231
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