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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of components of intangible assets
The components of definite-lived intangible assets and indefinite-lived intangible assets, other than goodwill, are as follows:
June 30, 2024December 31, 2023Remaining Weighted Average
Amortization
Period(1)
(in thousands)Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Definite-Lived Intangible Assets:
Acquired ANDAs intangible assets$209,780 $(112,742)$97,038 $209,780 $(100,660)$109,120 4.8 years
NDAs and product rights244,871 (196,451)48,420 244,871 (184,861)60,010 2.8 years
Marketing and distribution rights17,157 (14,752)2,405 17,157 (14,271)2,886 2.5 years
Customer relationships24,900 (9,485)15,415 24,900 (7,707)17,193 4.3 years
Total Definite-Lived Intangible Assets496,708 (333,430)163,278 496,708 (307,499)189,209 4.1 years
Indefinite-Lived Intangible Assets:
In process research and development19,800 — 19,800 19,800 — 19,800 Indefinite
Total Intangible Assets, net$516,508 $(333,430)$183,078 $516,508 $(307,499)$209,009 
(1)Weighted average amortization period as of June 30, 2024.
Schedule of expected future amortization expense for definite-lived intangible assets
Expected future amortization expense for definite-lived intangible assets is as follows:
(in thousands)
2024 (remainder of the year)$24,896 
202547,592 
202634,107 
202725,140 
202818,359 
2029 and thereafter13,184 
Total$163,278