Search This Blog

Thursday, December 12, 2019

Opiant nabs second tranche of BARDA contract for nasal nalmefene

U.S. Health and Human Services unit BARDA has awarded the second tranche of its contract with Opiant Pharmaceuticals (NASDAQ:OPNT), valued at ~$2.4M, to accelerate the development of nasal nalmefene for the potential treatment of opioid overdose.
The total agreement is valued up to a maximum of ~$4.6M, the balance to be funded next year.
The company expects to file a U.S. marketing application in Q4 2020.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.