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    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerAbstract_2589D8E7C0B82BEBD026E78328C44579_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerAbstract_2589D8E7C0B82BEBD026E78328C44579" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product Sales and Royalties</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RevenueFromContractWithCustomerAbstract" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerAbstract_2589D8E7C0B82BEBD026E78328C44579" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromContractWithCustomerAbstract_2589D8E7C0B82BEBD026E78328C44579" xlink:to="lab_us-gaap_RevenueFromContractWithCustomerAbstract_2589D8E7C0B82BEBD026E78328C44579" xlink:type="arc" />
    <link:label id="lab_asrt_ReceivablesCollectionPeriod_54C928AA18488E9901BBE78328C4F1B7_terseLabel_en-US" xlink:label="lab_asrt_ReceivablesCollectionPeriod_54C928AA18488E9901BBE78328C4F1B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collection period after delivery</link:label>
    <link:label id="lab_asrt_ReceivablesCollectionPeriod_54C928AA18488E9901BBE78328C4F1B7_label_en-US" xlink:label="lab_asrt_ReceivablesCollectionPeriod_54C928AA18488E9901BBE78328C4F1B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables, Collection Period</link:label>
    <link:label id="lab_asrt_ReceivablesCollectionPeriod_54C928AA18488E9901BBE78328C4F1B7_documentation_en-US" xlink:label="lab_asrt_ReceivablesCollectionPeriod_54C928AA18488E9901BBE78328C4F1B7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the typical collection period for receivables after product delivery, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_ReceivablesCollectionPeriod" xlink:label="loc_asrt_ReceivablesCollectionPeriod_54C928AA18488E9901BBE78328C4F1B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_ReceivablesCollectionPeriod_54C928AA18488E9901BBE78328C4F1B7" xlink:to="lab_asrt_ReceivablesCollectionPeriod_54C928AA18488E9901BBE78328C4F1B7" xlink:type="arc" />
    <link:label id="lab_asrt_ProductReturnPeriodPriorToExpirationDate_651AEFCCDC588FF4317DE78328C9B527_terseLabel_en-US" xlink:label="lab_asrt_ProductReturnPeriodPriorToExpirationDate_651AEFCCDC588FF4317DE78328C9B527" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product return period prior to expiration</link:label>
    <link:label id="lab_asrt_ProductReturnPeriodPriorToExpirationDate_651AEFCCDC588FF4317DE78328C9B527_label_en-US" xlink:label="lab_asrt_ProductReturnPeriodPriorToExpirationDate_651AEFCCDC588FF4317DE78328C9B527" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product Return Period Prior to Expiration Date</link:label>
    <link:label id="lab_asrt_ProductReturnPeriodPriorToExpirationDate_651AEFCCDC588FF4317DE78328C9B527_documentation_en-US" xlink:label="lab_asrt_ProductReturnPeriodPriorToExpirationDate_651AEFCCDC588FF4317DE78328C9B527" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the period prior to expiration of a product within which the entity accepts return of unsalable product from customers.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_ProductReturnPeriodPriorToExpirationDate" xlink:label="loc_asrt_ProductReturnPeriodPriorToExpirationDate_651AEFCCDC588FF4317DE78328C9B527" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_ProductReturnPeriodPriorToExpirationDate_651AEFCCDC588FF4317DE78328C9B527" xlink:to="lab_asrt_ProductReturnPeriodPriorToExpirationDate_651AEFCCDC588FF4317DE78328C9B527" xlink:type="arc" />
    <link:label id="lab_asrt_ProductReturnPeriodAfterExpirationDate_21ACD99040597DAF8FC4E78328CA3607_terseLabel_en-US" xlink:label="lab_asrt_ProductReturnPeriodAfterExpirationDate_21ACD99040597DAF8FC4E78328CA3607" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period after expiration for accepting unsalable product (up to)</link:label>
    <link:label id="lab_asrt_ProductReturnPeriodAfterExpirationDate_21ACD99040597DAF8FC4E78328CA3607_label_en-US" xlink:label="lab_asrt_ProductReturnPeriodAfterExpirationDate_21ACD99040597DAF8FC4E78328CA3607" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product Return Period after Expiration Date</link:label>
    <link:label id="lab_asrt_ProductReturnPeriodAfterExpirationDate_21ACD99040597DAF8FC4E78328CA3607_documentation_en-US" xlink:label="lab_asrt_ProductReturnPeriodAfterExpirationDate_21ACD99040597DAF8FC4E78328CA3607" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the period after expiration of a product within which the entity accepts return of unsalable product from customers.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_ProductReturnPeriodAfterExpirationDate" xlink:label="loc_asrt_ProductReturnPeriodAfterExpirationDate_21ACD99040597DAF8FC4E78328CA3607" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_ProductReturnPeriodAfterExpirationDate_21ACD99040597DAF8FC4E78328CA3607" xlink:to="lab_asrt_ProductReturnPeriodAfterExpirationDate_21ACD99040597DAF8FC4E78328CA3607" xlink:type="arc" />
    <link:label id="lab_asrt_ProductShelfLifeFromDateOfManufacturing_87147562C99F42BEBC25E78328CAD025_terseLabel_en-US" xlink:label="lab_asrt_ProductShelfLifeFromDateOfManufacturing_87147562C99F42BEBC25E78328CAD025" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product shelf-life</link:label>
    <link:label id="lab_asrt_ProductShelfLifeFromDateOfManufacturing_87147562C99F42BEBC25E78328CAD025_label_en-US" xlink:label="lab_asrt_ProductShelfLifeFromDateOfManufacturing_87147562C99F42BEBC25E78328CAD025" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product Shelf Life from Date of Manufacturing</link:label>
    <link:label id="lab_asrt_ProductShelfLifeFromDateOfManufacturing_87147562C99F42BEBC25E78328CAD025_documentation_en-US" xlink:label="lab_asrt_ProductShelfLifeFromDateOfManufacturing_87147562C99F42BEBC25E78328CAD025" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the product shelf-life from the manufacturing date.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_ProductShelfLifeFromDateOfManufacturing" xlink:label="loc_asrt_ProductShelfLifeFromDateOfManufacturing_87147562C99F42BEBC25E78328CAD025" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_ProductShelfLifeFromDateOfManufacturing_87147562C99F42BEBC25E78328CAD025" xlink:to="lab_asrt_ProductShelfLifeFromDateOfManufacturing_87147562C99F42BEBC25E78328CAD025" xlink:type="arc" />
    <link:label id="lab_asrt_DiscountTakenOffPeriodAfterQuarterInWhichProductShippedToCustomer_B4A7EFC979E4DD3E44E6E78328CA1C2E_terseLabel_en-US" xlink:label="lab_asrt_DiscountTakenOffPeriodAfterQuarterInWhichProductShippedToCustomer_B4A7EFC979E4DD3E44E6E78328CA1C2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount taken off period after the quarter in which product shipped to the customer</link:label>
    <link:label id="lab_asrt_DiscountTakenOffPeriodAfterQuarterInWhichProductShippedToCustomer_B4A7EFC979E4DD3E44E6E78328CA1C2E_label_en-US" xlink:label="lab_asrt_DiscountTakenOffPeriodAfterQuarterInWhichProductShippedToCustomer_B4A7EFC979E4DD3E44E6E78328CA1C2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discount Taken Off Period after Quarter in which Product Shipped to Customer</link:label>
    <link:label id="lab_asrt_DiscountTakenOffPeriodAfterQuarterInWhichProductShippedToCustomer_B4A7EFC979E4DD3E44E6E78328CA1C2E_documentation_en-US" xlink:label="lab_asrt_DiscountTakenOffPeriodAfterQuarterInWhichProductShippedToCustomer_B4A7EFC979E4DD3E44E6E78328CA1C2E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the discount taken off period after the quarter in which product shipped to the customer under certain wholesaler and retail pharmacy discounts.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_DiscountTakenOffPeriodAfterQuarterInWhichProductShippedToCustomer" xlink:label="loc_asrt_DiscountTakenOffPeriodAfterQuarterInWhichProductShippedToCustomer_B4A7EFC979E4DD3E44E6E78328CA1C2E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_DiscountTakenOffPeriodAfterQuarterInWhichProductShippedToCustomer_B4A7EFC979E4DD3E44E6E78328CA1C2E" xlink:to="lab_asrt_DiscountTakenOffPeriodAfterQuarterInWhichProductShippedToCustomer_B4A7EFC979E4DD3E44E6E78328CA1C2E" xlink:type="arc" />
    <link:label id="lab_asrt_CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice_85C5F15DC408531DCD0FE78328CA2068_terseLabel_en-US" xlink:label="lab_asrt_CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice_85C5F15DC408531DCD0FE78328CA2068" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash discount</link:label>
    <link:label id="lab_asrt_CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice_85C5F15DC408531DCD0FE78328CA2068_label_en-US" xlink:label="lab_asrt_CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice_85C5F15DC408531DCD0FE78328CA2068" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Discount to Customer for Prompt Payment as Percentage of Sales Price</link:label>
    <link:label id="lab_asrt_CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice_85C5F15DC408531DCD0FE78328CA2068_documentation_en-US" xlink:label="lab_asrt_CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice_85C5F15DC408531DCD0FE78328CA2068" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the cash discount that the entity offers to its customers as an incentive for prompt payment as a percentage of sales price.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice" xlink:label="loc_asrt_CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice_85C5F15DC408531DCD0FE78328CA2068" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice_85C5F15DC408531DCD0FE78328CA2068" xlink:to="lab_asrt_CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice_85C5F15DC408531DCD0FE78328CA2068" xlink:type="arc" />
    <link:label id="lab_asrt_DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount_00C2FBF40BE3DBFA123CE78328CA4BA4_terseLabel_en-US" xlink:label="lab_asrt_DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount_00C2FBF40BE3DBFA123CE78328CA4BA4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount reimbursement period after filling of prescription subject to discount</link:label>
    <link:label id="lab_asrt_DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount_00C2FBF40BE3DBFA123CE78328CA4BA4_label_en-US" xlink:label="lab_asrt_DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount_00C2FBF40BE3DBFA123CE78328CA4BA4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discount Reimbursement Period after Filling of Prescription Subject to Discount</link:label>
    <link:label id="lab_asrt_DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount_00C2FBF40BE3DBFA123CE78328CA4BA4_documentation_en-US" xlink:label="lab_asrt_DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount_00C2FBF40BE3DBFA123CE78328CA4BA4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the discount reimbursement period after filling of prescription subject to discount.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount" xlink:label="loc_asrt_DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount_00C2FBF40BE3DBFA123CE78328CA4BA4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount_00C2FBF40BE3DBFA123CE78328CA4BA4" xlink:to="lab_asrt_DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount_00C2FBF40BE3DBFA123CE78328CA4BA4" xlink:type="arc" />
    <link:label id="lab_asrt_PeriodAfterQuarterInWhichPrescriptionIsFilledForPayingRebate_F5B7CFD39750EDCF0C0EE78328CBD126_terseLabel_en-US" xlink:label="lab_asrt_PeriodAfterQuarterInWhichPrescriptionIsFilledForPayingRebate_F5B7CFD39750EDCF0C0EE78328CBD126" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period after the quarter in which prescription is filled for paying rebate</link:label>
    <link:label id="lab_asrt_PeriodAfterQuarterInWhichPrescriptionIsFilledForPayingRebate_F5B7CFD39750EDCF0C0EE78328CBD126_label_en-US" xlink:label="lab_asrt_PeriodAfterQuarterInWhichPrescriptionIsFilledForPayingRebate_F5B7CFD39750EDCF0C0EE78328CBD126" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Period After Quarter in which Prescription is Filled for Paying Rebate</link:label>
    <link:label id="lab_asrt_PeriodAfterQuarterInWhichPrescriptionIsFilledForPayingRebate_F5B7CFD39750EDCF0C0EE78328CBD126_documentation_en-US" xlink:label="lab_asrt_PeriodAfterQuarterInWhichPrescriptionIsFilledForPayingRebate_F5B7CFD39750EDCF0C0EE78328CBD126" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the period after the quarter in which prescription is filled for paying rebate to each participating state under the Medicaid rebate programs.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_PeriodAfterQuarterInWhichPrescriptionIsFilledForPayingRebate" xlink:label="loc_asrt_PeriodAfterQuarterInWhichPrescriptionIsFilledForPayingRebate_F5B7CFD39750EDCF0C0EE78328CBD126" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_PeriodAfterQuarterInWhichPrescriptionIsFilledForPayingRebate_F5B7CFD39750EDCF0C0EE78328CBD126" xlink:to="lab_asrt_PeriodAfterQuarterInWhichPrescriptionIsFilledForPayingRebate_F5B7CFD39750EDCF0C0EE78328CBD126" xlink:type="arc" />
    <link:label id="lab_asrt_ContractWithCustomerManagedCareRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_6D5FA6829ACD8AB9BE3CE78328CBB65A_terseLabel_en-US" xlink:label="lab_asrt_ContractWithCustomerManagedCareRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_6D5FA6829ACD8AB9BE3CE78328CBB65A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contract with customer, managed care rebate liability, period after quarter in which prescription is filled</link:label>
    <link:label id="lab_asrt_ContractWithCustomerManagedCareRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_6D5FA6829ACD8AB9BE3CE78328CBB65A_label_en-US" xlink:label="lab_asrt_ContractWithCustomerManagedCareRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_6D5FA6829ACD8AB9BE3CE78328CBB65A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Managed Care Rebate Liability, Period After Quarter In Which Prescription Is Filled</link:label>
    <link:label id="lab_asrt_ContractWithCustomerManagedCareRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_6D5FA6829ACD8AB9BE3CE78328CBB65A_documentation_en-US" xlink:label="lab_asrt_ContractWithCustomerManagedCareRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_6D5FA6829ACD8AB9BE3CE78328CBB65A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Managed Care Rebate Liability, Period After Quarter In Which Prescription Is Filled</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_ContractWithCustomerManagedCareRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled" xlink:label="loc_asrt_ContractWithCustomerManagedCareRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_6D5FA6829ACD8AB9BE3CE78328CBB65A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_ContractWithCustomerManagedCareRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_6D5FA6829ACD8AB9BE3CE78328CBB65A" xlink:to="lab_asrt_ContractWithCustomerManagedCareRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_6D5FA6829ACD8AB9BE3CE78328CBB65A" xlink:type="arc" />
    <link:label id="lab_asrt_ContractWithCustomerMedicarePartDCoverageGapRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_E14E7D010773BF98E0F9E78328CB7594_terseLabel_en-US" xlink:label="lab_asrt_ContractWithCustomerMedicarePartDCoverageGapRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_E14E7D010773BF98E0F9E78328CB7594" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contract with customer, Medicare Part D coverage gap rebate liability, period after quarter in which prescription is filled</link:label>
    <link:label id="lab_asrt_ContractWithCustomerMedicarePartDCoverageGapRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_E14E7D010773BF98E0F9E78328CB7594_label_en-US" xlink:label="lab_asrt_ContractWithCustomerMedicarePartDCoverageGapRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_E14E7D010773BF98E0F9E78328CB7594" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Medicare Part D Coverage Gap Rebate Liability, Period After Quarter In Which Prescription Is Filled</link:label>
    <link:label id="lab_asrt_ContractWithCustomerMedicarePartDCoverageGapRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_E14E7D010773BF98E0F9E78328CB7594_documentation_en-US" xlink:label="lab_asrt_ContractWithCustomerMedicarePartDCoverageGapRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_E14E7D010773BF98E0F9E78328CB7594" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Medicare Part D Coverage Gap Rebate Liability, Period After Quarter In Which Prescription Is Filled</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_ContractWithCustomerMedicarePartDCoverageGapRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled" xlink:label="loc_asrt_ContractWithCustomerMedicarePartDCoverageGapRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_E14E7D010773BF98E0F9E78328CB7594" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_ContractWithCustomerMedicarePartDCoverageGapRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_E14E7D010773BF98E0F9E78328CB7594" xlink:to="lab_asrt_ContractWithCustomerMedicarePartDCoverageGapRebateLiabilityPeriodAfterQuarterInWhichPrescriptionIsFilled_E14E7D010773BF98E0F9E78328CB7594" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_08A6F5D3396478DD3DAEE783288EEBF6_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_08A6F5D3396478DD3DAEE783288EEBF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
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    <link:label id="lab_dei_EntityAddressStateOrProvince_22CE24AE597DFF0F3988D2DF6809A993_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince_22CE24AE597DFF0F3988D2DF6809A993" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
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    <link:label id="lab_asrt_OtherExpenseIncomeNetMember_212ACB1A9B26376CEEA8D2DF65B80B97_documentation_en-US" xlink:label="lab_asrt_OtherExpenseIncomeNetMember_212ACB1A9B26376CEEA8D2DF65B80B97" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Expense (Income), Net [Member]</link:label>
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    <link:label id="lab_us-gaap_LesseeLeaseDescriptionLineItems_62AF7BA2944703F58AD9D2DF65B9A7DB_terseLabel_en-US" xlink:label="lab_us-gaap_LesseeLeaseDescriptionLineItems_62AF7BA2944703F58AD9D2DF65B9A7DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lessee, Lease, Description [Line Items]</link:label>
    <link:label id="lab_us-gaap_LesseeLeaseDescriptionLineItems_62AF7BA2944703F58AD9D2DF65B9A7DB_label_en-US" xlink:label="lab_us-gaap_LesseeLeaseDescriptionLineItems_62AF7BA2944703F58AD9D2DF65B9A7DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lessee, Lease, Description [Line Items]</link:label>
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    <link:label id="lab_us-gaap_OperatingLeaseCost_D5C142D4D25DBDC3C800D2DF65B9BD7C_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeaseCost_D5C142D4D25DBDC3C800D2DF65B9BD7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating lease cost</link:label>
    <link:label id="lab_us-gaap_OperatingLeaseCost_D5C142D4D25DBDC3C800D2DF65B9BD7C_label_en-US" xlink:label="lab_us-gaap_OperatingLeaseCost_D5C142D4D25DBDC3C800D2DF65B9BD7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Lease, Cost</link:label>
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    <link:label id="lab_us-gaap_LeaseCost_7683FC4A2C1230660910D2DF65B9AE0F_label_en-US" xlink:label="lab_us-gaap_LeaseCost_7683FC4A2C1230660910D2DF65B9AE0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease, Cost</link:label>
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    <link:label id="lab_us-gaap_SubleaseIncome_78044DB8234DB1C47CEAD2DF65B94BF1_terseLabel_en-US" xlink:label="lab_us-gaap_SubleaseIncome_78044DB8234DB1C47CEAD2DF65B94BF1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sublease Income</link:label>
    <link:label id="lab_us-gaap_SubleaseIncome_78044DB8234DB1C47CEAD2DF65B94BF1_label_en-US" xlink:label="lab_us-gaap_SubleaseIncome_78044DB8234DB1C47CEAD2DF65B94BF1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sublease Income</link:label>
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    <link:label id="lab_us-gaap_IncomeTaxDisclosureAbstract_39CD1FE5D1A3A923DBEAD2DF649F4305_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureAbstract_39CD1FE5D1A3A923DBEAD2DF649F4305" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaap_IncomeTaxDisclosureAbstract_39CD1FE5D1A3A923DBEAD2DF649F4305" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_155E11C78614CB00A83BD2DF649F6FD4_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_155E11C78614CB00A83BD2DF649F6FD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INCOME TAXES</link:label>
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_155E11C78614CB00A83BD2DF649F6FD4_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_155E11C78614CB00A83BD2DF649F6FD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="loc_us-gaap_IncomeTaxDisclosureTextBlock_155E11C78614CB00A83BD2DF649F6FD4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerTextBlock_6B42CF9C7CBC9F6F28A7D2DF674076DD_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerTextBlock_6B42CF9C7CBC9F6F28A7D2DF674076DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">REVENUE</link:label>
    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerTextBlock_6B42CF9C7CBC9F6F28A7D2DF674076DD_label_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerTextBlock_6B42CF9C7CBC9F6F28A7D2DF674076DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from Contract with Customer [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_RevenueFromContractWithCustomerTextBlock" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerTextBlock_6B42CF9C7CBC9F6F28A7D2DF674076DD" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InventoryValuationReserves_9D56D321836747A581C8D2DF66CAA44F_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryValuationReserves_9D56D321836747A581C8D2DF66CAA44F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventory reserves</link:label>
    <link:label id="lab_us-gaap_InventoryValuationReserves_9D56D321836747A581C8D2DF66CAA44F_label_en-US" xlink:label="lab_us-gaap_InventoryValuationReserves_9D56D321836747A581C8D2DF66CAA44F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory Valuation Reserves</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_InventoryValuationReserves" xlink:label="loc_us-gaap_InventoryValuationReserves_9D56D321836747A581C8D2DF66CAA44F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncomeStatementAbstract_0E8422FB5D59CE78457FE7E3272C52D9_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_0E8422FB5D59CE78457FE7E3272C52D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_0E8422FB5D59CE78457FE7E3272C52D9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProductMember_F7A534BB2E247528F49BE7E3272F0340_terseLabel_en-US" xlink:label="lab_us-gaap_ProductMember_F7A534BB2E247528F49BE7E3272F0340" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product sales, net</link:label>
    <link:label id="lab_us-gaap_ProductMember_F7A534BB2E247528F49BE7E3272F0340_label_en-US" xlink:label="lab_us-gaap_ProductMember_F7A534BB2E247528F49BE7E3272F0340" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product [Member]</link:label>
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    <link:label id="lab_asrt_CommercializationAgreementMember_079B8EACF9A6578707A6E7E3272FFB22_terseLabel_en-US" xlink:label="lab_asrt_CommercializationAgreementMember_079B8EACF9A6578707A6E7E3272FFB22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commercialization agreement, net</link:label>
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    <link:label id="lab_asrt_CommercializationAgreementMember_079B8EACF9A6578707A6E7E3272FFB22_documentation_en-US" xlink:label="lab_asrt_CommercializationAgreementMember_079B8EACF9A6578707A6E7E3272FFB22" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to the commercialization agreement.</link:label>
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    <link:label id="lab_us-gaap_RevenuesAbstract_58B6AE80F79CB0D47EEFE7E32732556C_label_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_58B6AE80F79CB0D47EEFE7E32732556C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues [Abstract]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_GainContingenciesTable" xlink:label="loc_us-gaap_GainContingenciesTable_3ACD9DEC148817E29068D2DF657F9B68" xlink:type="locator" />
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    <link:label id="lab_srt_LitigationCaseAxis_795DF45080175E0CBE29D2DF65803F63_terseLabel_en-US" xlink:label="lab_srt_LitigationCaseAxis_795DF45080175E0CBE29D2DF65803F63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Litigation Case [Axis]</link:label>
    <link:label id="lab_srt_LitigationCaseAxis_795DF45080175E0CBE29D2DF65803F63_label_en-US" xlink:label="lab_srt_LitigationCaseAxis_795DF45080175E0CBE29D2DF65803F63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Litigation Case [Axis]</link:label>
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    <link:label id="lab_srt_LitigationCaseTypeDomain_0CDD72CFA9B77EF749C4D2DF6580904F_terseLabel_en-US" xlink:label="lab_srt_LitigationCaseTypeDomain_0CDD72CFA9B77EF749C4D2DF6580904F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Litigation Case [Domain]</link:label>
    <link:label id="lab_srt_LitigationCaseTypeDomain_0CDD72CFA9B77EF749C4D2DF6580904F_label_en-US" xlink:label="lab_srt_LitigationCaseTypeDomain_0CDD72CFA9B77EF749C4D2DF6580904F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Litigation Case [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd#srt_LitigationCaseTypeDomain" xlink:label="loc_srt_LitigationCaseTypeDomain_0CDD72CFA9B77EF749C4D2DF6580904F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_LitigationCaseTypeDomain_0CDD72CFA9B77EF749C4D2DF6580904F" xlink:to="lab_srt_LitigationCaseTypeDomain_0CDD72CFA9B77EF749C4D2DF6580904F" xlink:type="arc" />
    <link:label id="lab_asrt_SecuritiesClassActionLawsuitMember_87BABCC4F93506182F01D2DF65801416_terseLabel_en-US" xlink:label="lab_asrt_SecuritiesClassActionLawsuitMember_87BABCC4F93506182F01D2DF65801416" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities Class Action Lawsuit and Related Matters</link:label>
    <link:label id="lab_asrt_SecuritiesClassActionLawsuitMember_87BABCC4F93506182F01D2DF65801416_label_en-US" xlink:label="lab_asrt_SecuritiesClassActionLawsuitMember_87BABCC4F93506182F01D2DF65801416" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Class Action Lawsuit [Member]</link:label>
    <link:label id="lab_asrt_SecuritiesClassActionLawsuitMember_87BABCC4F93506182F01D2DF65801416_documentation_en-US" xlink:label="lab_asrt_SecuritiesClassActionLawsuitMember_87BABCC4F93506182F01D2DF65801416" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information related to the securities calss action lawsuits.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_SecuritiesClassActionLawsuitMember" xlink:label="loc_asrt_SecuritiesClassActionLawsuitMember_87BABCC4F93506182F01D2DF65801416" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_SecuritiesClassActionLawsuitMember_87BABCC4F93506182F01D2DF65801416" xlink:to="lab_asrt_SecuritiesClassActionLawsuitMember_87BABCC4F93506182F01D2DF65801416" xlink:type="arc" />
    <link:label id="lab_asrt_MultidistrictOpioidLitigationMember_C5A17115A379061D1FC3D2DF6581C4DB_terseLabel_en-US" xlink:label="lab_asrt_MultidistrictOpioidLitigationMember_C5A17115A379061D1FC3D2DF6581C4DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Multidistrict Opioid Litigation</link:label>
    <link:label id="lab_asrt_MultidistrictOpioidLitigationMember_C5A17115A379061D1FC3D2DF6581C4DB_label_en-US" xlink:label="lab_asrt_MultidistrictOpioidLitigationMember_C5A17115A379061D1FC3D2DF6581C4DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Multidistrict Opioid Litigation [Member]</link:label>
    <link:label id="lab_asrt_MultidistrictOpioidLitigationMember_C5A17115A379061D1FC3D2DF6581C4DB_documentation_en-US" xlink:label="lab_asrt_MultidistrictOpioidLitigationMember_C5A17115A379061D1FC3D2DF6581C4DB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to Multidistrict Opioid Litigation.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_MultidistrictOpioidLitigationMember" xlink:label="loc_asrt_MultidistrictOpioidLitigationMember_C5A17115A379061D1FC3D2DF6581C4DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_MultidistrictOpioidLitigationMember_C5A17115A379061D1FC3D2DF6581C4DB" xlink:to="lab_asrt_MultidistrictOpioidLitigationMember_C5A17115A379061D1FC3D2DF6581C4DB" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainContingenciesLineItems_F1BC9A90E3C79511AA8BD2DF65826D01_terseLabel_en-US" xlink:label="lab_us-gaap_GainContingenciesLineItems_F1BC9A90E3C79511AA8BD2DF65826D01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal matters</link:label>
    <link:label id="lab_us-gaap_GainContingenciesLineItems_F1BC9A90E3C79511AA8BD2DF65826D01_label_en-US" xlink:label="lab_us-gaap_GainContingenciesLineItems_F1BC9A90E3C79511AA8BD2DF65826D01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain Contingencies [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_GainContingenciesLineItems" xlink:label="loc_us-gaap_GainContingenciesLineItems_F1BC9A90E3C79511AA8BD2DF65826D01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainContingenciesLineItems_F1BC9A90E3C79511AA8BD2DF65826D01" xlink:to="lab_us-gaap_GainContingenciesLineItems_F1BC9A90E3C79511AA8BD2DF65826D01" xlink:type="arc" />
    <link:label id="lab_asrt_NumberOfShareholderDerivativeActionsFiled_C2F4CC8A8A6A43C706CAD2DF6582F1E2_terseLabel_en-US" xlink:label="lab_asrt_NumberOfShareholderDerivativeActionsFiled_C2F4CC8A8A6A43C706CAD2DF6582F1E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shareholder derivative actions filed</link:label>
    <link:label id="lab_asrt_NumberOfShareholderDerivativeActionsFiled_C2F4CC8A8A6A43C706CAD2DF6582F1E2_label_en-US" xlink:label="lab_asrt_NumberOfShareholderDerivativeActionsFiled_C2F4CC8A8A6A43C706CAD2DF6582F1E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Shareholder Derivative Actions Filed</link:label>
    <link:label id="lab_asrt_NumberOfShareholderDerivativeActionsFiled_C2F4CC8A8A6A43C706CAD2DF6582F1E2_documentation_en-US" xlink:label="lab_asrt_NumberOfShareholderDerivativeActionsFiled_C2F4CC8A8A6A43C706CAD2DF6582F1E2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the number of shareholder derivative actions that were filed.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_NumberOfShareholderDerivativeActionsFiled" xlink:label="loc_asrt_NumberOfShareholderDerivativeActionsFiled_C2F4CC8A8A6A43C706CAD2DF6582F1E2" xlink:type="locator" />
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    <link:label id="lab_asrt_ClaimsNumberIndustryWideOpioid_FB42B9660D5E8C9BFD79D2DF6582B27A_terseLabel_en-US" xlink:label="lab_asrt_ClaimsNumberIndustryWideOpioid_FB42B9660D5E8C9BFD79D2DF6582B27A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of industry-wide opioid litigation cases (more than)</link:label>
    <link:label id="lab_asrt_ClaimsNumberIndustryWideOpioid_FB42B9660D5E8C9BFD79D2DF6582B27A_label_en-US" xlink:label="lab_asrt_ClaimsNumberIndustryWideOpioid_FB42B9660D5E8C9BFD79D2DF6582B27A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Claims, Number, Industry-Wide</link:label>
    <link:label id="lab_asrt_ClaimsNumberIndustryWideOpioid_FB42B9660D5E8C9BFD79D2DF6582B27A_documentation_en-US" xlink:label="lab_asrt_ClaimsNumberIndustryWideOpioid_FB42B9660D5E8C9BFD79D2DF6582B27A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of claims filed industry-wide.</link:label>
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    <link:label id="lab_asrt_CollegiumPharmaceuticalIncMember_D654E5349A8171D754D3D2DF672146C9_terseLabel_en-US" xlink:label="lab_asrt_CollegiumPharmaceuticalIncMember_D654E5349A8171D754D3D2DF672146C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contract asset - Collegium, net</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_CollegiumPharmaceuticalIncMember" xlink:label="loc_asrt_CollegiumPharmaceuticalIncMember_D654E5349A8171D754D3D2DF672146C9" xlink:type="locator" />
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    <link:label id="lab_asrt_ContractWithCustomerAssetRollForward_10ABD898ADA26A1A4E63D2DF6722A681_terseLabel_en-US" xlink:label="lab_asrt_ContractWithCustomerAssetRollForward_10ABD898ADA26A1A4E63D2DF6722A681" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contract With Customer, Asset [Roll Forward]</link:label>
    <link:label id="lab_asrt_ContractWithCustomerAssetRollForward_10ABD898ADA26A1A4E63D2DF6722A681_label_en-US" xlink:label="lab_asrt_ContractWithCustomerAssetRollForward_10ABD898ADA26A1A4E63D2DF6722A681" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Asset [Roll Forward]</link:label>
    <link:label id="lab_asrt_ContractWithCustomerAssetRollForward_10ABD898ADA26A1A4E63D2DF6722A681_documentation_en-US" xlink:label="lab_asrt_ContractWithCustomerAssetRollForward_10ABD898ADA26A1A4E63D2DF6722A681" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Asset [Roll Forward]</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_ContractWithCustomerAssetRollForward" xlink:label="loc_asrt_ContractWithCustomerAssetRollForward_10ABD898ADA26A1A4E63D2DF6722A681" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ContractWithCustomerAssetNet_2D90588FE611AD9A0DC1D2DF67224E28_periodStartLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerAssetNet_2D90588FE611AD9A0DC1D2DF67224E28" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Contract asset, Beginning of Period</link:label>
    <link:label id="lab_us-gaap_ContractWithCustomerAssetNet_2D90588FE611AD9A0DC1D2DF67224E28_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerAssetNet_2D90588FE611AD9A0DC1D2DF67224E28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Asset, after Allowance for Credit Loss</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerAssetNet_2D90588FE611AD9A0DC1D2DF67224E28" xlink:to="lab_us-gaap_ContractWithCustomerAssetNet_2D90588FE611AD9A0DC1D2DF67224E28" xlink:type="arc" />
    <link:label id="lab_asrt_ContractWithCustomerAssetNetCurrentAdditions_7E2755782187253B6B17D2DF672239BC_terseLabel_en-US" xlink:label="lab_asrt_ContractWithCustomerAssetNetCurrentAdditions_7E2755782187253B6B17D2DF672239BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_asrt_ContractWithCustomerAssetNetCurrentAdditions_7E2755782187253B6B17D2DF672239BC_label_en-US" xlink:label="lab_asrt_ContractWithCustomerAssetNetCurrentAdditions_7E2755782187253B6B17D2DF672239BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer Asset Net Current Additions</link:label>
    <link:label id="lab_asrt_ContractWithCustomerAssetNetCurrentAdditions_7E2755782187253B6B17D2DF672239BC_documentation_en-US" xlink:label="lab_asrt_ContractWithCustomerAssetNetCurrentAdditions_7E2755782187253B6B17D2DF672239BC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of additions, in right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_ContractWithCustomerAssetNetCurrentAdditions" xlink:label="loc_asrt_ContractWithCustomerAssetNetCurrentAdditions_7E2755782187253B6B17D2DF672239BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_ContractWithCustomerAssetNetCurrentAdditions_7E2755782187253B6B17D2DF672239BC" xlink:to="lab_asrt_ContractWithCustomerAssetNetCurrentAdditions_7E2755782187253B6B17D2DF672239BC" xlink:type="arc" />
    <link:label id="lab_asrt_ContractWithCustomerAssetDeletions_2B45E40501661F264ADFD2DF67234331_negatedTerseLabel_en-US" xlink:label="lab_asrt_ContractWithCustomerAssetDeletions_2B45E40501661F264ADFD2DF67234331" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Deductions</link:label>
    <link:label id="lab_asrt_ContractWithCustomerAssetDeletions_2B45E40501661F264ADFD2DF67234331_label_en-US" xlink:label="lab_asrt_ContractWithCustomerAssetDeletions_2B45E40501661F264ADFD2DF67234331" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Asset, Deletions</link:label>
    <link:label id="lab_asrt_ContractWithCustomerAssetDeletions_2B45E40501661F264ADFD2DF67234331_documentation_en-US" xlink:label="lab_asrt_ContractWithCustomerAssetDeletions_2B45E40501661F264ADFD2DF67234331" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of decrease in right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time, from business combination. May include payments received during the period.</link:label>
    <link:loc xlink:href="asrt-20200331.xsd#asrt_ContractWithCustomerAssetDeletions" xlink:label="loc_asrt_ContractWithCustomerAssetDeletions_2B45E40501661F264ADFD2DF67234331" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asrt_ContractWithCustomerAssetDeletions_2B45E40501661F264ADFD2DF67234331" xlink:to="lab_asrt_ContractWithCustomerAssetDeletions_2B45E40501661F264ADFD2DF67234331" xlink:type="arc" />
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    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_89828998B13B71500BCFE783293DC665_label_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_89828998B13B71500BCFE783293DC665" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization</link:label>
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    <link:label id="lab_asrt_FairValueAdjustmentOfAssetsAndLiabilities_E5E7F0D6B30F5E495B96E783293EB880_documentation_en-US" xlink:label="lab_asrt_FairValueAdjustmentOfAssetsAndLiabilities_E5E7F0D6B30F5E495B96E783293EB880" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Adjustment Of Assets And Liabilities</link:label>
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    <link:label id="lab_asrt_ProvisionForInventoryAndOtherAssets_874F2EC599A55EE75259E783293E3924_documentation_en-US" xlink:label="lab_asrt_ProvisionForInventoryAndOtherAssets_874F2EC599A55EE75259E783293E3924" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provision For Inventory And Other Assets</link:label>
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    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_5BABD1A96619D4290429E783293E3AA8_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_5BABD1A96619D4290429E783293E3AA8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_EA38333C59E1BECCF8EBE783293F2ADD" xlink:type="locator" />
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    <link:label id="lab_asrt_SlanMember_25F7DA8443355CBE5238E7BCF7366B1E_terseLabel_en-US" xlink:label="lab_asrt_SlanMember_25F7DA8443355CBE5238E7BCF7366B1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Slan</link:label>
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    <link:label id="lab_asrt_LicenseFee_8AC1A356E7BFF851D9F9E7BCF7377D73_terseLabel_en-US" xlink:label="lab_asrt_LicenseFee_8AC1A356E7BFF851D9F9E7BCF7377D73" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">License fee received in cash</link:label>
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    <link:label id="lab_asrt_CollaborativeAgreementTermOfLicenseAgreement_C7F7340DB056AD7075A5E7BCF7376D42_terseLabel_en-US" xlink:label="lab_asrt_CollaborativeAgreementTermOfLicenseAgreement_C7F7340DB056AD7075A5E7BCF7376D42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Term of license agreement</link:label>
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