Naloxone nasal spray began as a remedy for binge eating, CEO says [CBC (Canadian Broadcasting Corporation)]
Opiant Pharmaceuticals, Inc. (OPNT)
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Source: CBC
Naloxone nasal spray began as a remedy for binge eating, CEO says Opiant Pharmaceuticals chief exec Roger Crystal reveals opioid crisis caused company to pivot Roger Crystal's company was struggling to find new uses for an old drug that reverses overdoses. Then the North American opioid epidemic hit. Naloxone, a medicine called an antagonist that counteracts the effects of opioids, had first gone on sale in 1971 but is injected with a syringe. It requires a small amount of training to know how to administer it to someone who is overdosing. Crystal and his colleagues came up with a naloxone nasal spray, intended to be more appealing and easier to administer than prefilled injectors or the other naloxone alternatives. Crystal's California-based Opiant Pharmaceuticals Inc. partnered with Irish company Adapt Pharma to market the spray version under the brand name Narcan. The Canadian government granted temporary approval to sell Narcan in Canada in July 2016 and upgraded that to full appr
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