FDA approves alcoholism treatment
Two companies, Alkermes and Cephalon, get FDA green light for alcoholism treatment Vivitrol.

NEW YORK (CNNMoney.com staff writer) - The Food and Drug Administration approved Vivitrol, a treatment for alcoholism from two companies, Alkermes and Cephalon, the drug companies said.

Vivitrol is meant to reduce the craving for alcohol and is injected once a month into alcoholics who are trying to quit drinking.

Cephalon (up $0.48 to $60.20, Research) and Alkermes (up $0.89 to $21.96, Research) said the drug should be available in June 2006. Alkermes is responsible for making the drug and Cephalon has primary responsibility for marketing and sales.

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.