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  "documentTitle": "Sarissa Capital | Activist Presentation Deck | 17 slides",
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  "authorName": "Sarissa Capital",
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  "presentationDate": "2023-06-01 00:00:00",
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  "notes": "Uses a house of cards metaphor to imply instability and fragility of the current business structure.",
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      "text": "Billions of cheap free cash flows from royalties burned; Bloated commercial infrastructure, subscale and competing against pharma giants; Manufacturing not a core strength and likely unprofitable venture; Hundreds of millions of annual R&D spend with little regard for ROI",
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      "text": "Pops' empire building has squandered cash flows and made Alkermes into a collection of subscale businesses",
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