PlainPharmaWatch

CMS Open Payments · Program Year 2024

Alkermes, Inc.

Alkermes, Inc. reported $16,623,085.83 in payments to 83,613 physicians and teaching hospitals across 85,487 transactions.

See the rankings → How this is sourced
$16.6M
Total payments
85,487
Transactions
83,613
Recipients
−$2.9M
General Payments vs PY2023

Alkermes, Inc. reported $16,623,085.83 in payments to 83,613 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #113 of 1,925 reporting manufacturers (0.1% of all US industry payments), averaging $198.81 per recipient across 7 payment categories. Figures are company-reported under the Physician Payments Sunshine Act; a reported payment is a financial relationship, not evidence of wrongdoing.

Data currency: Figures are rendered from the processed CMS Open Payments release. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.

Compiled from official public sources by the editorial team.

The verdict

Alkermes, Inc. pairs top-10% payment volume with an unusually diversified payment pattern across a wide recipient base.

#113
of 1,925 companies
0.1%
of all US industry payments
0.1%
paid to its single top recipient
7
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

Alkermes, Inc.'s CMS-reported General Payments decreased by $2.9M (−22.5%) from PY2023 to PY2024. The comparison uses the same CMS manufacturer-by-payment-category summary for both years and excludes research and ownership or investment records.

CMS source labels for this exact identifier: PY2022: ALKERMES, INC.PY2023: ALKERMES, INC.PY2024: Alkermes, Inc.. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.

Subscribe to this company's source-bounded update feed It publishes only identifier-matched CMS release comparisons, never inferred company events.

General Payments: PY2023 vs PY2024

Annual CMS-reported totals for this company, not an all-category Open Payments total

PY2023$13.0MPY2024$10.1M
PY2023
$13,031,180.10
PY2024
$10,101,370.43

How Alkermes, Inc. ranks nationally

Where this company's total reported payments fall within the full national distribution of all 1,925 companies in CMS Open Payments, not just its nearest peers.

Alkermes, Inc.'s total vs. every reporting company

CMS Open Payments, Program Year 2024

$16,623,086 Top 6% higher than 94% of 1,925 reporting companies

$9–$28: 3 reporting companies (0%). Below this entry. $28–$87: 10 reporting companies (1%). Below this entry. $87–$270: 20 reporting companies (1%). Below this entry. $270–$838: 41 reporting companies (2%). Below this entry. $838–$2,603: 76 reporting companies (4%). Below this entry. $2,603–$8,084: 114 reporting companies (6%). Below this entry. $8,084–$25,112: 167 reporting companies (9%). Below this entry. $25,112–$78,003: 249 reporting companies (13%). Below this entry. $78,003–$242,294: 295 reporting companies (15%). Below this entry. $242,294–$752,621: 270 reporting companies (14%). Below this entry. $752,621–$2,337,813: 263 reporting companies (14%). Below this entry. $2,337,813–$7,261,783: 200 reporting companies (10%). Below this entry. $7,261,783–$22,556,757: 133 reporting companies (7%). This entry sits in this band. $22,556,757–$70,066,439: 45 reporting companies (2%). Above this entry. $70,066,439–$217,642,369: 26 reporting companies (1%). Above this entry. $217,642,369–$676,046,922: 13 reporting companies (1%). Above this entry. This company $9 $676,046,922 every reporting company, bucketed by value

Each bar is a progressively wider band; taller bars hold more reporting companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source CMS Open Payments · 2024

What the Data Shows for Alkermes, Inc.

Averaging $194.45 per transaction and $198.81 per recipient, Alkermes, Inc.'s Program Year 2024 total comes to $16,623,085.83 across 85,487 transactions and 83,613 physicians and teaching hospitals. In the CMS Open Payments database that is good for rank #113 of 1,925 companies, representing 0.1% of all industry payments reported nationwide for the year.

The 7-category breakdown below covers general payments only (see our methodology for how research and ownership payments are reported separately). The largest general-payment category is "Compensation for Services Other Than Consulting" at $4.8M, accounting for 29.0% of the company's reported total and 1,861 transactions.

General Payment Breakdown by Type

Across 7 types of general payments, Alkermes, Inc.'s largest category was "Compensation for Services Other Than Consulting" at $4.8M - 29.0% of the company's reported total.

How Alkermes, Inc. divides its payments

Ranked by total dollars reported per category

1. Compensation for Services…$4.8M2. Consulting Fee$2.4M3. Food and Beverage$2.1M4. Travel and Lodging$709.0K5. Royalty or License$87.2K6. Grant$6.5K7. Education$3.5K
Payment Type Amount Transactions
Compensation for Services Other Than Consulting $4.8M 1,861
Consulting Fee $2.4M 163
Food and Beverage $2.1M 78,985
Travel and Lodging $709.0K 2,302
Royalty or License $87.2K 1
Grant $6.5K 4
Education $3.5K 297

Recipient Concentration in General Payments

The five largest recipient relationships account for $2,132,196.61 (21.1%) of $10,101,370.43 in this company's General Payments records across 21,330 recipients. This is a CMS Open Payments Program Year 2024 General Payments view only: it excludes research and ownership/investment records, so it is not the all-category company total above.

Largest General-Payment relationships for Alkermes, Inc.

The five named recipients with the highest reported General Payments from this company

Nancy Snyderman$523.7KRichard B Gaynor$490.4KChristopher I Wright$486.0KCato T Laurencin$484.0KGeorge C Kruse II$148.1K
  1. 1

    Nancy Snyderman

    $523,731.56 across 69 reported transactions

  2. 2

    Richard B Gaynor

    $490,381.47 across 41 reported transactions

  3. 3

    Christopher I Wright

    $486,039.55 across 36 reported transactions

  4. 4

    Cato T Laurencin

    $483,990.75 across 53 reported transactions

  5. 5

    George C Kruse II

    $148,053.28 across 189 reported transactions

Compare this company's payment profile with similarly sized manufacturers in the company comparison tool, and consult the methodology for the CMS source scope.

Payment Size Analysis

Average transaction size: $194.45. Average per recipient: $198.81.

Total Amount

$16,623,085.83

Avg per Transaction

$194.45

Avg per Recipient

$198.81

Payment Transparency Context

What is the Sunshine Act?

The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.

Industry Total (2024)

$13.9B

across 1,925 companies

Alkermes, Inc. Share

0.1%

#113 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Alkermes, Inc.

GastroGPO, LLC

$16.6M 8 recipients

Seqirus USA Inc

$16.7M 6,517 recipients

Genmab U.S., Inc.

$16.5M 8,227 recipients

Ipsen Biopharmaceuticals, Inc

$16.8M 20,198 recipients

Vesalio, Inc.

$16.4M 18 recipients

Aveo Pharmaceuticals, Inc.

$16.4M 4,805 recipients

Frequently Asked Questions

How much did Alkermes, Inc. pay to physicians and hospitals in 2024? ▾
In Program Year 2024, CMS Open Payments recorded $16,623,085.83 from Alkermes, Inc. to physicians and hospitals across 85,487 transactions - 0.1% of all industry payments reported that year.
How many physicians received payments from Alkermes, Inc.? ▾
83,613 physicians and teaching hospitals received payments from Alkermes, Inc. in 2024, averaging $198.81 per recipient.
What types of payments did Alkermes, Inc. make? ▾
Alkermes, Inc. made 7 different types of general payments (consulting, meals, travel, and similar categories). The largest general-payment category was "Compensation for Services Other Than Consulting" at $4.8M, representing 29.0% of the company's reported total.
How does Alkermes, Inc. rank among pharmaceutical companies? ▾
Alkermes, Inc. ranks #113 out of 1,925 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from Alkermes, Inc.? ▾
The average transaction from Alkermes, Inc. was $194.45 in 2024. The company made 85,487 total transactions to 83,613 recipients.
Where does the payment data for Alkermes, Inc. come from? ▾
This data comes from the CMS Open Payments program (Sunshine Act), which requires pharmaceutical and medical device companies to report payments and transfers of value to physicians and teaching hospitals. The data covers Program Year 2024.

Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.9B across 1,925 companies.

Data sourced from CMS Open Payments (Physician Payments Sunshine Act). See our methodology for details. Retrieved and formatted by PlainPharmaWatch Editorial
Disclaimer

This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.

Read our methodology - how this data is sourced, computed, and verified.

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Every figure on PlainPharmaWatch is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-25.