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Indivior Pharmaceuticals (INDV) Stock News, Sep 2024-Feb 2025

INDV NASDAQ

Ticker history: INDV became SUPN (Indivior Pharmaceuticals, Inc.) on . Earlier news and filings retain their original names and dates. View INDV history.

Indivior Pharmaceuticals, Inc. reports developments in specialty pharmaceuticals for opioid use disorder, with recurring updates centered on SUBLOCADE, its monthly extended-release buprenorphine injection, and evidence supporting medications for opioid use disorder. Company news commonly covers financial results and guidance, commercial performance for SUBLOCADE, scientific and real-world evidence studies, and treatment-use discussions in settings such as correctional facilities.

Indivior updates also include capital-allocation actions, including share repurchase programs and convertible note financing, along with corporate presentations and investor communications tied to the Indivior Action Agenda. The company’s disclosures frame opioid use disorder as a chronic treatable brain disease and emphasize buprenorphine-based prescription treatments.

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Indivior PLC (INDV) has appointed Joe Ciaffoni as its new Chief Executive Officer, effective upon shareholder approval at the May 2025 AGM. Ciaffoni, 53, who joined as an Independent Non-Executive Director in December 2024, brings over 30 years of pharmaceutical and biotech experience, having previously served as President and CEO of Collegium Pharmaceutical.

Current CEO Mark Crossley will step down following his tenure since June 2020, but will remain to support the transition until at least May 2025. Under Crossley's leadership, the company strengthened its commitment to patients and expanded treatment access for substance use disorders.

Ciaffoni's appointment aims to fuel Indivior's next growth phase in addiction treatment, where the company maintains a global portfolio of OUD treatments and employs over 1,000 individuals with products available in more than 30 countries.

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Indivior (NASDAQ/LSE: INDV) announced FDA approval of significant label changes for SUBLOCADE®, their treatment for moderate to severe opioid use disorder (OUD). The key updates include a rapid initiation protocol that reduces treatment initiation time from one week to one hour, and new alternative injection sites including abdomen, thigh, buttock, and back of upper arm.

The rapid initiation protocol allows healthcare providers to start SUBLOCADE treatment after a single dose of transmucosal buprenorphine and a one-hour observation period. A non-inferiority study with 729 participants demonstrated the effectiveness of rapid initiation, with 66.4% of patients in the rapid induction arm receiving a second injection compared to 54.5% in the standard induction arm. Of the study participants, 77.5% were fentanyl-positive at induction.

These changes aim to reduce treatment obstacles and improve patient adherence while maintaining SUBLOCADE's established safety profile and efficacy.

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Indivior PLC (Nasdaq/LSE: INDV) has announced its financial results for the fiscal year and fourth quarter of 2024, ending December 31, 2024. The company will host a live webcast presentation at 13:00 BST (8:00 am ET), led by CEO Mark Crossley.

The earnings release and investor presentation materials are available on the company's website at www.indivior.com. Participants can join the presentation through a webcast link or register for telephonic access.

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Indivior PLC (Nasdaq/LSE: INDV) announced that the FDA has delayed the final review of proposed label changes for SUBLOCADE® (buprenorphine extended-release) Injection. The PDUFA action date was originally scheduled for February 7, 2025. On February 11, 2025, the FDA informed Indivior that while there were no outstanding items to address following acceptance of the proposed label, the final review has been delayed. The proposed changes include rapid initiation protocol and alternative injection sites. The company will provide updates on the approval status as appropriate.

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Indivior PLC presented significant findings at CSAM 2024 showing that rapid initiation (RI) with once-monthly SUBLOCADE improves treatment retention for opioid use disorder (OUD) patients compared to standard initiation (SI). The study of 729 participants demonstrated a 12% overall improvement in retention rates, with a 15% increase among fentanyl-positive patients.

The RI protocol involves administering SUBLOCADE within one hour of a single transmucosal buprenorphine dose, followed by a second injection after one week, versus the standard 28-day interval. The FDA has granted Priority Review for label expansion to include rapid initiation and alternative injection sites (thigh, upper arm, and buttocks), with a PDUFA date of February 7, 2025.

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Indivior PLC (NASDAQ/LSE: INDV) has acknowledged a letter published by Oaktree Capital Management to its Board of Directors. The Board confirms it has been actively engaging with Oaktree in recent weeks and maintains an open-minded stance regarding proposals for value creation. Indivior, a global pharmaceutical company focused on substance use disorders (SUD) treatment, emphasizes its commitment to acting in the best interests of all shareholders while executing its strategy. The company operates in over 30 countries and employs more than 1,000 people globally.

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Indivior PLC (Nasdaq/LSE: INDV) highlights key findings demonstrating the effectiveness and safety of SUBLOCADE in treating opioid use disorder (OUD). A post-hoc analysis showed that SUBLOCADE 300 mg maintenance dose significantly increased opioid abstinence in injecting participants compared to 100 mg dose. The CoLAB Study demonstrated 96-week treatment maintenance with improvements in abstinence, depression, and quality of life. Research identified telemedicine as a common solution during COVID-19 for overcoming access barriers, though challenges persist. Multiple real-world evidence presentations addressed various aspects of OUD treatment, including ER visits, healthcare utilization, and treatment outcomes. Only 18% of the nearly 6 million people with OUD received MOUD treatment in 2023.

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Indivior PLC (Nasdaq/LSE: INDV) has announced its financial results for Q3 2024, ending September 30, 2024. The company has made available its earnings release and investor presentation on www.indivior.com. CEO Mark Crossley will host a live webcast presentation at 13:00 BST (8:00 am ET). Participants can join the presentation through a webcast link or register for telephonic access.

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Indivior PLC (Nasdaq/LSE: INDV) announced preliminary Q3 2024 financial results and updated FY 2024 guidance. Key points:

  • Q3 2024 SUBLOCADE net revenue (NR): $187m to $192m
  • Revised FY 2024 SUBLOCADE NR: $725m to $745m (+17% vs. FY 2023)
  • Expected peak SUBLOCADE NR of >$1.5 billion unchanged
  • No longer expects $1 billion SUBLOCADE NR run rate exiting 2025

Factors impacting performance:

  • Faster adoption of competing long-acting injectable
  • Variability in Criminal Justice System funding timing
  • Lower trade stocking

The company remains confident in SUBLOCADE's differentiated profile for opioid use disorder patients and is evaluating actions to fuel growth and support margins.

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Indivior PLC (Nasdaq/LSE: INDV) has provided an update on Aelis Farma's clinical Phase 2B trial results for AEF0117, a potential treatment for Cannabis Use Disorder (CUD). The study, which evaluated the efficacy and safety in treatment-seeking participants with moderate to severe CUD, failed to meet its primary and secondary endpoints. The primary goal was to reduce cannabis use to ≤1 day per week, while secondary endpoints included complete abstinence or use ≤2 days per week.

Despite the disappointing results, the study highlights the need for further research into CUD subpopulations, particularly those with severe cases. As a result of these outcomes, Indivior does not currently plan to exercise its option to license the global rights to AEF0117, which was part of a strategic collaboration with Aelis Farma.

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FAQ

What is the current stock price of Indivior Pharmaceuticals (INDV)?

Indivior Pharmaceuticals (INDV) last closed at $36.28. The company now trades as SUPN.