Alkermes Inc. of Cambridge, Mass., on Tuesday said itcompleted its initial public offering of 1.75 million shares ofcommon stock (NASDAQ:ALKS) at $10 per share, raising $17.5million. Managing underwriters are Robertson, Stephens & Co.and J.P. Morgan Securities Inc. The company now has 7.3million shares outstanding.

Alkermes Inc. develops therapeutic and diagnostic products totreat central nervous system disorders.

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