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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of components of intangible assets
The components of definite-lived intangible assets and indefinite-lived intangible assets, other than goodwill, are as follows:
September 30, 2023December 31, 2022Remaining Weighted Average
Amortization
Period(1)
(in thousands)Gross Carrying
Amount
Accumulated
Amortization
Gross Carrying
Amount
Accumulated
Amortization
Definite-Lived Intangible Assets:
Acquired ANDAs intangible assets$209,780 $(94,139)$195,862 $(75,606)5.4 years
NDAs and product rights242,372 (179,193)242,372 (162,188)3.2 years
Marketing and distribution rights17,157 (14,031)17,157 (13,309)3.3 years
Non-compete agreement624 (624)624 (602)— years
Customer relationships24,900 (6,818)24,900 (4,150)5.1 years
Total Definite-Lived Intangible Assets494,833 (294,805)480,915 (255,855)4.6 years
Indefinite-Lived Intangible Assets:
In process research and development19,800 — 26,575 — Indefinite
Total Intangible Assets, net$514,633 $(294,805)$507,490 $(255,855)
(1)Weighted average amortization period as of September 30, 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)$13,319 
202449,554 
202546,319 
202633,001 
202724,089 
2028 and thereafter33,746 
Total$200,028