Indivior rises above troubled past with hopes for $1bn drug
Evening Standard|February 16, 2022
INVESTORS drew a line under the turbulent past of Indivior today as shares in the drugs maker jumped as much as 12% on the back of hopes for a $1 billion a year blockbuster product.
Graeme Evans
Indivior rises above troubled past with hopes for $1bn drug

A troubled few years for the FTSE 250-listed company, which specialises in treatments for opioid use disorder and schizophrenia, culminated in 2020’s $600 million settlement with the US Department of Justice and imprisonment of its former chief executive.

Current boss Mark Crossley hailed Indivior’s “excellent progress” in 2021 results today, with sales of its Sublocade treatment almost doubling to $244 million (£180 million) and on track to meet a longer-term $1 billion target as the company’s biggest-selling product.

This story is from the February 16, 2022 edition of Evening Standard.

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This story is from the February 16, 2022 edition of Evening Standard.

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