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Stock impact report

Californians now able to buy opioid reversal drugs from the state online [CBS News]

Emergent Biosolutions, Inc. (EBS) 
Last emergent biosolutions, inc. earnings: 4/30 04:08 pm Check Earnings Report
US:NYSE Investor Relations: investors.emergentbiosolutions.com
Company Research Source: CBS News
The state began selling its own generic version of Narcan last year for $24 per twin-pack to businesses and local governments, and will now also sell to individual consumers online . A box containing two doses of naloxone nasal spray costs between $45 and $70 from regular pharmacies and online marketplaces. Opioid overdose deaths, which are caused by heroin, fentanyl and oxycodone, have increased dramatically in California and across the country in recent years, reaching 7,847 in the state in 2023. But California officials say they have started to see a decline in these deaths. The move is part of a broader push by California Gov. Gavin Newsom to try to force drug companies to lower their prices by offering cheaper, competing versions of medication under the state's CalRx label. "Life-saving medications shouldn't come with a life-altering price tag. CalRx is about making essential drugs like naloxone affordable and accessible for all — not the privileged few," Newsom said in a Show less Read more
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