{
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  "documentTitle": "Sarissa Capital | Activist Presentation Deck | 95 slides",
  "authorId": "sarissa-capital",
  "authorName": "Sarissa Capital",
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  "presentationDate": "2023-06-01 00:00:00",
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  "notes": "Uses a bathtub metaphor to illustrate capital extraction.",
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      "kind": "callout",
      "text": "Over the last 15 years, Alkermes has a cumulative net loss >$1 Bn and Pops has taken home $150 M",
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      "kind": "source-note",
      "text": "Source: Alkermes Proxy Statements * Calculated by adding Richard Pops’ compensation from 2007-2022, inflation adjusted",
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      "text": "In fact, over the past 15 years, he has personally made >$150M*",
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      "name": "Cost Of Inaction",
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      "objective": "To highlight the cost of inaction for shareholders",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
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