GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2023

GOODWILL AND INTANGIBLE ASSETS

Schedule of components of intangible assets

	March 31, 2023				December 31, 2022				Remaining Weighted Average
	Gross Carrying		Accumulated		Gross Carrying		Accumulated		Amortization
(in thousands)	Amount		Amortization		Amount		Amortization		Period(1)
Definite-Lived Intangible Assets:
Acquired ANDAs intangible assets	$	195,862	$	(81,630)	$	195,862	$	(75,606)	5.6	years
NDAs and product rights		242,372		(167,856)		242,372		(162,188)	3.7	years
Marketing and distribution rights		17,157		(13,550)		17,157		(13,309)	3.8	years
Non-compete agreement		624		(624)		624		(602)	—	years
Customer relationships		24,900		(5,039)		24,900		(4,150)	5.6	years
Total Definite-Lived Intangible Assets		480,915		(268,699)		480,915		(255,855)	4.9	years
Indefinite-Lived Intangible Assets:

In process research and development		26,575		—		26,575		—	Indefinite
Total Intangible Assets, net	$	507,490	$	(268,699)	$	507,490	$	(255,855)

(1) ^{Weighted average amortization period as of March 31, 2023.} ​

Schedule of expected future amortization expense for definite-lived intangible assets

Expected future amortization expense for definite-lived intangible assets is as follows:

(in thousands)
2023 (remainder of the year)	$	38,464
2024		48,331
2025		45,096
2026		31,778
2027		22,866
2028 and thereafter		25,681
Total	$	212,216