GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2024

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, 2024						December 31, 2023						Remaining Weighted Average Amortization Period(1)
(in thousands)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Definite-Lived Intangible Assets:
Acquired ANDAs intangible assets	$	210,411	$	(118,804)	$	91,607	$	209,780	$	(100,660)	$	109,120	4.6 years
NDAs and product rights	644,871		(203,143)		441,728		244,871		(184,861)		60,010		11.0 years
Marketing and distribution rights	17,157		(14,992)		2,165		17,157		(14,271)		2,886		2.2 years
Customer relationships	24,900		(10,375)		14,525		24,900		(7,707)		17,193		4.1 years
Total Definite-Lived Intangible Assets	897,339		(347,314)		550,025		496,708		(307,499)		189,209		9.8 years
Indefinite-Lived Intangible Assets:
In process research and development	19,800		—		19,800		19,800		—		19,800		Indefinite
Total Intangible Assets, net	$	917,139	$	(347,314)	$	569,825	$	516,508	$	(307,499)	$	209,009

(1)Weighted average amortization period as of September 30, 2024.

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)
2024 (remainder of the year)	$	20,647
2025	81,016
2026	67,531
2027	58,564
2028	51,783
2029 and thereafter	270,484
Total	$	550,025