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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2022
GOODWILL AND INTANGIBLE ASSETS  
Schedule of components of intangible assets

June 30, 2022

December 31, 2021

Weighted Average

Gross Carrying  

Accumulated

Gross Carrying

Accumulated

Amortization

(in thousands)

  

Amount

  

Amortization

  

Amount

  

Amortization

  

Period

Definite-Lived Intangible Assets:

Acquired ANDA intangible assets

$

168,377

$

(64,128)

$

168,536

$

(54,079)

 

8.5

years

NDAs and product rights

 

242,372

 

(150,853)

 

242,372

 

(138,835)

 

9.9

years

Marketing and distribution rights

 

17,157

 

(12,828)

 

17,157

 

(12,347)

 

5.5

years

Non-compete agreement

 

624

 

(557)

 

624

 

(513)

 

7.0

years

Customer relationships

24,900

(2,371)

24,900

(593)

7.0

years

Indefinite-Lived Intangible Assets:

In process research and development

46,900

46,900

Indefinite

Total Intangible Assets, net

$

500,330

$

(230,737)

$

500,489

$

(206,367)

9.0

years

Schedule of expected future amortization expense

Expected future amortization expense is as follows:

(in thousands)

    

2022 (remainder of the year)

$

24,693

2023

 

50,770

2024

 

49,974

2025

 

47,870

2026

 

34,551

2027 and thereafter

 

61,735

Total

$

269,593