INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2020

INTANGIBLE ASSETS

Schedule of components of net definite-lived intangible assets

The components of net definite-lived intangible assets are as follows:

	December 31, 2020				December 31, 2019				Weighted Average
	Gross Carrying		Accumulated		Gross Carrying		Accumulated		Amortization
(in thousands)	Amount		Amortization		Amount		Amortization		Period
Acquired ANDA intangible assets	$	106,415	$	(42,367)	$	64,704	$	(30,169)	8.8	years
NDAs and product rights		230,974		(112,483)		230,974		(87,352)	10.0	years
Marketing and distribution rights		17,157		(11,386)		10,923		(8,982)	5.7	years
Non-compete agreement		624		(423)		624		(334)	7.0	years
	$	355,170	$	(166,659)	$	307,225	$	(126,837)	9.4	years

Schedule of expected future amortization expense

Expected future amortization expense is as follows for the years ending December 31:

(in thousands)
2021	$	38,605
2022		35,199
2023		34,451
2024		31,474
2025		28,127
2026 and thereafter		20,655
Total	$	188,511