GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2020

GOODWILL AND INTANGIBLE ASSETS

Schedule of components of net definite-lived intangible assets

The components of net definite-lived intangible assets are as follows:

	September 30, 2020				December 31, 2019				Weighted Average
	Gross Carrying		Accumulated		Gross Carrying		Accumulated		Amortization
(in thousands)	Amount		Amortization		Amount		Amortization		Period
Acquired ANDA intangible assets	$	106,415	$	(39,261)	$	64,704	$	(30,169)	8.8	years
NDAs and product rights		230,974		(106,201)		230,974		(87,352)	10.0	years
Marketing and distribution rights		17,657		(11,187)		10,923		(8,982)	5.7	years
Non-compete agreement		624		(401)		624		(334)	7.0	years
	$	355,670	$	(157,050)	$	307,225	$	(126,837)

Schedule of expected future amortization expense

Expected future amortization expense is as follows:

(in thousands)
2020	$	9,664
2021		38,655
2022		35,249
2023		34,501
2024		31,524
2025 and thereafter		49,027
Total	$	198,620