Alkermes, the Cambridge, MA-based developer of anti-addiction drugs, said today it has signed a lease to move its headquarters to Waltham, MA. The company (NASDAQ: [[ticker:ALKS]]), which has more than 600 employees, plans to complete the move in early 2010. The move is supposed to save the company $8 million a year starting in fiscal 2011.
Author: Luke Timmerman
Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.
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