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Opiant Pharmaceuticals Announces Significant Financial Developments Related to NARCAN® Nasal Spray for Opioid Overdose

OPIANT PHARMACEUTICALS (OPNT)  More Company Research Source: GlobeNewswire
Last opiant pharmaceuticals earnings: 8/9 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.opiant.com/investor-overview
PDF Opiant Expects to Receive 90% of NARCAN Sales-Related Royalty and Milestone Payments, Going Forward SANTA MONICA, Calif., Dec. 20, 2017 (GLOBE NEWSWIRE) -- Opiant Pharmaceuticals, Inc. (“Opiant”) (NASDAQ:OPNT), a specialty pharmaceutical company developing pharmacological treatments for addictions, today announced that it expects that, beginning in the first quarter of 2018, it will receive 90% of royalty and milestone payments related to NARCAN sales directly from Adapt Pharma.  Correspondingly, the royalty and milestone payments due to SWK Holdings will now be reduced to 10%, as they will have been paid the $26.25 million per the royalty monetization agreement between Opiant and SWK. Actual royalty revenue to be recorded by Opiant for the period ending December 31, 2017, will be reported in the Company’s 10-K for the period of August 1, 2017, through December 31, 2017. “The ability to capture milestones and royalties from NARCAN sales will have a significant impact on our balan [Read more]

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