Market News
Global Opioid Use Disorder Market: Key Developments
- On August 30, 2023, Emergent BioSolutions Inc., a company that provides solutions for complex and urgent public health threats, announced that NARCAN Naloxone HCl Nasal Spray 4 mg will be available on shelves nationwide and online, in September 2023. Over-the-counter (OTC) access to NARCAN Nasal Spray offers more people the ability to respond in an opioid emergency, helping to save lives and keep people and communities safe.
- On March 29, 2023, Emergent BioSolutions Inc., a company that provides solutions for complex and urgent public health threats, announced that the U.S. Food and Drug Administration (FDA) had approved NARCAN Naloxone HCl Nasal Spray 4 mg as an over-the-counter (OTC) emergency treatment of opioid overdose. This decided at a time when approximately every eight minutes, a person dies from an opioid overdose and research shows the epidemic is escalating in the U.S. with increasing synthetic opioids.
- On March 23, 2023, Harm Reduction Therapeutics, a not-for-profit pharmaceutical company, announced that it has entered into a commercial supply agreement with Catalent, Inc., a leader in developing and delivering better treatments to patients around the world. Under this agreement, Catalent, Inc. will manufacture RiVive (3.0 mg), a naloxone nasal spray for harm reduction therapy for emergency treatment of known or suspected opioid overdose.
- In December 2022, Teva Pharmaceutical Industries Ltd., a pharmaceutical company, announced the settlement agreement with State of New Hampshire, a department of Justice U.S. Under the term of agreement, Teva Pharmaceutical Industries Ltd., provides US$ 33.3 Mn to the state of New Hampshire to address the opioid crisis.
- In June 2021, Alkem Laboratories Ltd., a pharmaceutical company, announced that U.S. Food and Drug Administration (U.S. FDA) had approved buprenorphine hydrochloride and naloxone hydrochloride sublingual tablets, the generic version of suboxone, used to treat opioid addiction.