INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2021

INTANGIBLE ASSETS

Schedule of components of net definite-lived intangible assets

The components of net definite-lived intangible assets and net indefinite-lived intangible assets other than goodwill are as follows:

	December 31, 2021				December 31, 2020				Weighted Average
	Gross Carrying		Accumulated		Gross Carrying		Accumulated		Amortization
(in thousands)	Amount		Amortization		Amount		Amortization		Period
Definite-Lived Intangible Assets:
Acquired ANDA intangible assets	$	168,536	$	(54,079)	$	106,415	$	(42,367)	8.5	years
NDAs and product rights		242,372		(138,835)		230,974		(112,483)	9.9	years
Marketing and distribution rights		17,157		(12,347)		17,157		(11,386)	5.5	years
Non-compete agreement		624		(513)		624		(423)	7.0	years
Customer relationships		24,900		(593)		—		—	7.0	years
Indefinite-Lived Intangible Assets:
In process research and development		46,900		—		—		—	Indefinite
Total Intangible Assets, net	$	500,489	$	(206,367)	$	355,170	$	(166,659)	9.0	years

Schedule of expected future amortization expense

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

(in thousands)
2022	$	49,121
2023		50,792
2024		49,997
2025		47,893
2026		34,574
2027 and thereafter		61,745
Total	$	294,122