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  "docSlug": "2a1e5b2d3a1cb25fe50abb3e75ae9bdf",
  "documentTitle": "Alkermes | Investor Day Presentation Deck | 144 slides",
  "authorId": "alkermes",
  "authorName": "Alkermes",
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  "presentationDate": "2021-03-01 00:00:00",
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  "function": "show_valuation_bridge",
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  "nDataPoints": 8,
  "notes": "The bridge chart illustrates the path from 7% to ~25% margin using three levers: commercial operating leverage, R&D prioritization, and G&A/manufacturing efficiency.",
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      "kind": "callout",
      "text": "Plan to achieve profitability targets through active management of cost structure, adapted to revenue growth profile",
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      "text": "Profitability Target Bridge showing growth from 7% to ~25% via commercial leverage, R&D, and G&A efficiencies",
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      "text": "* Reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures, to the extent reasonably determinable, can be found in the Appendix of this presentation. NGNI: Non-GAAP net income; EBITDA: Earnings before interest, tax, depreciation, amortization",
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      "kind": "table",
      "text": "Profitability Targets: NGNI/Revenue 25% (FY'23), 30% (FY'24); EBITDA/Revenue 20% (FY'23), 25% (FY'24)",
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      "kind": "title",
      "text": "Pairing Revenue Strength With Active Expense Management to Achieve Profitability Targets",
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