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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
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, 2024December 31, 2023Remaining Weighted Average
Amortization
Period(1)
(in thousands)
Gross Carrying Amount
Accumulated
Amortization
Net Carrying AmountGross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Definite-Lived Intangible Assets:
Acquired ANDA intangible assets$210,497 $(124,874)$85,623 $209,780 $(100,660)$109,120 4.4 years
NDAs and product rights641,271 (216,420)424,851 244,871 (184,861)60,010 10.9 years
Marketing and distribution rights17,157 (15,233)1,924 17,157 (14,271)2,886 2.0 years
Customer relationships24,900 (11,264)13,636 24,900 (7,707)17,193 3.8 years
Total Definite-Lived Intangible Assets893,825 (367,791)526,034 496,708 (307,499)189,209 9.7 years
Indefinite-Lived Intangible Assets:
In process research and development15,800 — 15,800 19,800 — 19,800 Indefinite
Total Intangible Assets, net$909,625 $(367,791)$541,834 $516,508 $(307,499)$209,009 
(1) Weighted average amortization period as of December 31, 2024.
Schedule of expected future amortization expense for definite-lived intangible assets
Expected future amortization expense is as follows for the years ending December 31:
(in thousands)
2025$79,974 
202666,489 
202757,522 
202851,532 
202945,263 
2030 and thereafter225,254 
Total$526,034