GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2015

GOODWILL AND INTANGIBLE ASSETS

Schedule of Intangible Assets and Goodwill

The components of our definite-lived intangible assets are as follows:

(in thousands)	March 31, 2015				December 31, 2014				Weighted Average
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization		Amortization Period
Acquired ANDA intangible assets	$	17,077	$	(1,662)	$	12,577	$	(1,312)	10 years
Product rights		22,522		(1,694)		22,522		(1,133)	10 years
Teva license intangible asset		10,900		(1,735)		10,900		(1,487)	11 years
	$	50,499	$	(5,091)	$	45,999	$	(3,932)

Finite-lived Intangible Assets Amortization Expense

Expected future amortization expense is as follows:

(in thousands)
2015 (remainder of the year)	$	3,701
2016		4,935
2017		4,935
2018		4,935
2019		4,935
2020 and thereafter		21,967
Total	$	45,408