GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2022

GOODWILL AND INTANGIBLE ASSETS

Schedule of components of intangible assets

The components of net definite-lived intangible assets and net indefinite-lived intangible assets other than goodwill are as follows:

	December 31, 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	$	195,862	$	(75,606)	$	168,536	$	(54,079)	8.3	years
NDAs and product rights		242,372		(162,188)		242,372		(138,835)	9.9	years
Marketing and distribution rights		17,157		(13,309)		17,157		(12,347)	5.5	years
Non-compete agreement		624		(602)		624		(513)	7.0	years
Customer relationships		24,900		(4,150)		24,900		(593)	7.0	years
Indefinite-Lived Intangible Assets:
In process research and development		26,575		—		46,900		—	Indefinite
Total Intangible Assets, net	$	507,490	$	(255,855)	$	500,489	$	(206,367)	8.9	years

Schedule of expected future amortization expense

Expected future amortization expense is as follows for the years ending December 31:

(in thousands)
2023	$	51,792
2024		50,996
2025		48,893
2026		35,574
2027		26,663
2028 and thereafter		37,717
Total	$	251,635