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Emergent BioSolutions Demonstrates Commitment to Increasing Access & Awareness of NARCAN® Nasal Spray to Help Combat the Opioid Epidemic

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Emergent BioSolutions (NYSE: EBS) reaffirms its commitment to combating the opioid epidemic by expanding access to NARCAN® Nasal Spray and educating the public on opioid overdose response. The company is supporting the 'White House Challenge to Save Lives from Overdose' by implementing workplace safety measures and continuing its Ready to Rescue public awareness campaign.

Emergent has installed opioid emergency wall units in its facilities and provided NARCAN® Nasal Spray to employees. The company is also working with partners like the National Safety Council to educate businesses. Since NARCAN® Nasal Spray became available over the counter in August 2023, Emergent has distributed over 2,700 opioid emergency kits on college campuses and in public venues.

In response to recent CDC data showing a decline in opioid overdose deaths, Emergent is pledging to donate an additional 20,000 doses of NARCAN® Nasal Spray to communities in need. The company remains committed to expanding access and awareness through OTC availability, partnerships, and education initiatives.

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On the day this news was published, EBS declined 3.15%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

  • Ongoing support of the ‘White House Challenge to Save Lives from Overdose’ through workplace and public safety measures
  • One-year mark of Ready to Rescue public awareness campaign to expand awareness, particularly among young adults and vulnerable communities
  • 20,000 additional doses of NARCAN® Nasal Spray to be donated to organizations in need

GAITHERSBURG, Md., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS) remains committed to supporting widespread opioid emergency preparedness by expanding access to NARCAN® Nasal Spray and educating the public on how to respond to an opioid overdose. As opioid overdose fatalities have risen in the workplace in recent years,1 Emergent is working with businesses to prepare for accidental opioid emergencies by ensuring workplaces, facilities, and hospitality venues, among many other locations, should consider being equipped with NARCAN® Nasal Spray. In March 2024, Emergent joined the ‘White House Challenge to Save Lives from Overdose’, a nationwide call encouraging leaders to commit to increasing education of and access to life-saving opioid overdose reversal medications.

“Businesses across the country, including many large employers, are taking thoughtful steps to respond to the national opioid epidemic,” said Joe Papa, president and chief executive officer of Emergent. “We applaud the White House and all organizations that have stepped up to join the broader effort to combat against opioid overdose deaths, which are occurring far too often.”

As part of its commitment to the White House’s Challenge, Emergent has installed more than 40 opioid emergency wall units near first aid stations and AEDs in its offices and facilities and provided over 1,300 cartons of NARCAN® Nasal Spray to its employees this year. In line with Emergent’s mission to expand access, awareness and availability, it is engaging with partners, including the National Safety Council (NSC*), to educate and reach businesses.

In August 2023, NARCAN® Nasal Spray became available over the counter (OTC) and shortly after, Emergent’s national awareness campaign, Ready to Rescue, launched to break down the stigma around opioid use and accidental overdose. Since then, Emergent has handed out more than 2,700 opioid emergency kits containing one carton of NARCAN® Nasal Spray and educational resources across several college campuses and public venues.

In addition, recent preliminary data from the Centers for Disease Control and Prevention (CDC) has pointed to a meaningful decline in opioid overdose deaths in the U.S. for the first time in decades.2 Naloxone, the active ingredient in NARCAN® Nasal Spray, is a life-saving medication that can reverse an overdose from opioids, including heroin, fentanyl, and prescription opioid medications, when given in time.

Papa stated, “Today, we are pledging to make an additional donation of 20,000 doses of NARCAN® Nasal Spray to help communities in need. It is promising to see the recent decline in opioid overdose deaths for the first time in years, and while we are pleased to see this progress, now is not the time to lose momentum. Emergent remains committed to playing our part in bringing down the number of opioid-related deaths by continuing to expand access efforts through the OTC availability of NARCAN® Nasal Spray, working closely with our public interest partners and advocates on the frontlines, as well as increasing education through our Ready to Rescue campaign, because we believe even one overdose death is unacceptable.”

Opioid emergencies can happen anytime, anywhere and to anyone.3 Increasing access and awareness to opioid overdose reversal treatments like NARCAN® Nasal Spray is a key component among a mix of interventions helping to curb the number of lives lost each year. Continued advocacy for comprehensive strategies that include the provision of NARCAN® Nasal Spray, prevention, treatment and recovery support efforts are essential to sustain and improve upon these reductions in death rates. With more than 80,000 American lives lost each year4 due to an opioid overdose, expanding access to life-saving treatments like NARCAN® Nasal Spray and providing education on how to administer it are essential to helping prepare individuals.

Learn more about how you can access NARCAN® Nasal Spray and be prepared to save a life at NARCAN.com.

*As a contracted commercial partner of Emergent, NSC will receive a fee for service. 

About NARCAN® Nasal Spray
NARCAN® Nasal Spray is a pure opioid antagonist indicated for emergency use to reverse known or suspected opioid overdose, as manifested by respiratory and/or severe central nervous system depression.

While NARCAN® Nasal Spray can be administered by a non-health care professional, it is not intended to be a substitute for professional medical care. Always call 911 as soon as an opioid overdose is suspected and before administering NARCAN® Nasal Spray. Always read the label and follow the directions for use.

About Emergent BioSolutions
At Emergent, our mission is to protect and enhance life. For 25 years, we’ve been at work defending people from things we hope will never happen—so we are prepared just in case they ever do. We provide solutions for complex and urgent public health threats through a portfolio of vaccines and therapeutics that we develop and manufacture for governments and consumers. We also offer a range of integrated contract development and manufacturing services for pharmaceutical and biotechnology customers. To learn more about how we plan to protect or enhance 1 billion lives by 2030, visit our website and follow us on LinkedInX, Instagram, Apple Podcasts and Spotify.

Safe Harbor Statement
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. We generally identify forward-looking statements by using words like “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “future,” “goal,” “intend,” “may,” “plan,” “position,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions or variations thereof, or the negative thereof, but these terms are not the exclusive means of identifying such statements. Forward-looking statements are based on our current intentions, beliefs and expectations regarding future events based on information that is currently available. We cannot guarantee that any forward-looking statements will be accurate. Readers should realize that if underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results could differ materially from our expectations. Readers are, therefore, cautioned not to place undue reliance on any forward-looking statements. Any forward-looking statement speaks only as of the date of this press release, and, except as required by law, we do not undertake any obligation to update any forward-looking statement to reflect new information, events or circumstances.

There are a number of important factors that could cause the company’s actual results to differ materially from those indicated by any forward-looking statements. Readers should consider this cautionary statement, as well as the risk factors and other disclosures included in our periodic reports filed with the U.S. Securities and Exchange Commission, when evaluating our forward-looking statements.

Investor Contact:
Richard S. Lindahl
Executive Vice President, CFO
lindahlr@ebsi.com

Media Contact:
Assal Hellmer
Vice President, Communications
mediarelations@ebsi.com

References:

  1. U.S. Department of Labor, Bureau of Labor Statistics, in cooperation with state, New York City, District of Columbia, and federal agencies. Census of Fatal Occupational Injuries. https://www.bls.gov/news.release/pdf/cfoi.pdf. Accessed October 7, 2024.
  2. Centers for Disease Control and Prevention. Provisional Drug Overdose Death Counts. Updated September 11, 2024. https://www.cdc.gov/nchs/nvss/vsrr/drug-overdose-data.htm. Accessed September 26, 2024.
  3. Centers for Disease Control and Prevention. Preventing an Opioid Overdose Know the Signs Save a Life. https://www.cdc.gov/drugoverdose/pdf/patients/Preventing-an-Opioid-Overdose-Tip-Card-a.pdf. Accessed September 26, 2024.
  4. Centers for Disease Control and Prevention. U.S. Overdose Deaths Decrease in 2023, First Time Since 2018. May 15, 2024. https://www.cdc.gov/nchs/pressroom/nchs_press_releases/2024/20240515.htm. Accessed September 26, 2024.

FAQ

What is Emergent BioSolutions (EBS) doing to combat the opioid epidemic?

Emergent BioSolutions (EBS) is expanding access to NARCAN® Nasal Spray, educating the public on opioid overdose response, supporting the White House Challenge to Save Lives from Overdose, implementing workplace safety measures, and continuing its Ready to Rescue public awareness campaign.

How many additional doses of NARCAN® Nasal Spray is EBS donating?

Emergent BioSolutions (EBS) is pledging to donate an additional 20,000 doses of NARCAN® Nasal Spray to help communities in need.

When did NARCAN® Nasal Spray become available over the counter (OTC)?

NARCAN® Nasal Spray became available over the counter (OTC) in August 2023.

How many opioid emergency kits has EBS distributed since NARCAN® Nasal Spray became OTC?

Since NARCAN® Nasal Spray became available over the counter, Emergent BioSolutions (EBS) has distributed over 2,700 opioid emergency kits on college campuses and in public venues.

What recent trend has the CDC reported regarding opioid overdose deaths in the U.S.?

Recent preliminary data from the Centers for Disease Control and Prevention (CDC) has pointed to a meaningful decline in opioid overdose deaths in the U.S. for the first time in decades.
Emergent Biosolutions Inc

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Drug Manufacturers - Specialty & Generic
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