GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2015

GOODWILL AND INTANGIBLE ASSETS

Schedule of Intangible Assets and Goodwill

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

(in thousands)	September 30, 2015				December 31, 2014				Weighted Average
	Gross Carrying		Accumulated		Gross Carrying		Accumulated		Amortization
	Amount		Amortization		Amount		Amortization		Period
Acquired ANDA intangible assets	$	42,077	$	(3,138)	$	12,577	$	(1,312)	10 years
Product rights		22,522		(2,816)		22,522		(1,133)	10 years
Testosterone gel NDA		10,900		(2,230)		10,900		(1,487)	10 years
Marketing and distribution rights		1,000		(24)		-		-	7 years
	$	76,499	$	(8,208)	$	45,999	$	(3,932)

Finite-lived Intangible Assets Amortization Expense

Expected future amortization expense is as follows:

(in thousands)
2015 (remainder of the year)	$	1,894
2016		7,578
2017		7,578
2018		7,578
2019		7,578
2020 and thereafter		36,085
Total	$	68,291