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

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September 30, 2022

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December 31, 2021

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Weighted Average

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Gross Carrying  

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Accumulated

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Gross Carrying

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Accumulated

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Amortization

(in thousands)

  

Amount

  

Amortization

  

Amount

  

Amortization

  

Period

Definite-Lived Intangible Assets:

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Acquired ANDA intangible assets

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$

189,087

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$

(69,824)

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$

168,536

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$

(54,079)

 

8.3

years

NDAs and product rights

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242,372

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(156,520)

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242,372

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(138,835)

 

9.9

years

Marketing and distribution rights

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17,157

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(13,069)

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17,157

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(12,347)

 

5.5

years

Non-compete agreement

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624

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(579)

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624

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(513)

 

7.0

years

Customer relationships

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24,900

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(3,261)

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24,900

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(593)

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7.0

years

Indefinite-Lived Intangible Assets:

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In process research and development

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33,350

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—

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46,900

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—

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Indefinite

Total Intangible Assets, net

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$

507,490

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$

(243,253)

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$

500,489

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$

(206,367)

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8.9

years

Schedule of expected future amortization expense

Expected future amortization expense is as follows:

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(in thousands)

    

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2022 (remainder of the year)

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$

12,602

2023

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51,792

2024

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50,996

2025

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48,893

2026

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35,574

2027 and thereafter

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64,380

Total

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$

264,237