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U.S. FDA grants priority review for Emergent’s OTC opioid drug By Reuters

by Reuters
December 6, 2022
in Stock Market
Reading Time: 2 mins read
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© Reuters. FILE PHOTO: A box of NARCAN nasal spray is photographed at an outpatient treatment center in Indiana, Pennsylvania, U.S. on August 9, 2017. REUTERS/Adrees Latif

(Reuters) – Contract drugmaker Emergent Biosolutions (NYSE:) on Tuesday said its over-the-counter nasal spray as a treatment for suspected opioid overdose would be reviewed on a priority basis by the U.S. health regulator.

Emergent is seeking the U.S. Food and Drug Administration’s approval for a prescription-free sale of its nasal spray, Narcan, which is already cleared for the treatment of opioid overdose in the country.

If approved following the agency’s priority review by March 29, the spray could become the first naloxone-based drug to be sold over the counter.

Emergent’s announcement comes a few weeks after the agency said naloxone might be safe and effective for over-the-counter use in some forms, potentially paving the way for its use federally. 

There are legal barriers limiting access to naloxone in some states, and even in others the drug is not always available to those most at risk of an overdose.

The worsening opioid crisis has prompted U.S. President Joe Biden’s administration to develop newer strategies, including the use of naloxone.

Government data estimates that there were more than 100,000 drug-related overdose deaths in the country during 2021, a near 15% increase from the year earlier.

The Maryland-based company said its application to the health regulator includes data that supports safe and effective use of Narcan based on usability and more than five years of post-marketing studies.

Shares of the contract drugmaker rose nearly 3% to $12.1 in early trade before paring gains.



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Tags: drugEmergentsFDAgrantsOpioidOTCpriorityReutersReview
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