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INDV - Indivior News Story

165p 6.5  4.1%

Last Trade - 30/07/21

Market Cap £1.16bn
Enterprise Value £689.8m
Revenue £482.8m
Position in Universe 407th / 1800

Indivior looks beyond opioid-addiction treatments with new deal

Tue 8th June, 2021 1:07pm
June 8 (Reuters) - Opioid-addiction treatment maker Indivior
 INDV.L  said on Tuesday it was expanding into possible
treatments for cannabis-related disorders through an agreement
with a French privately held company.
    London-listed Indivior has agreed to pay Aelis Farma $30
million upfront under the agreement to work exclusively on an
experimental drug which blocks a type of cannabinoid receptor.

 (Reporting by Pushkala Aripaka in Bengaluru; Editing by Shounak
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