other material
confidence high
sentiment positive
materiality 0.65
Emergent gains exclusive U.S./Canada commercial rights to Hikma's KLOXXADO 8 mg naloxone spray
Emergent BioSolutions Inc.
- Six-year agreement gives Emergent exclusive rights to market and distribute KLOXXADO (naloxone HCl) 8 mg nasal spray in U.S. and Canada.
- KLOXXADO complements existing OTC NARCAN 4 mg spray, offering higher-dose prescription option for opioid overdose reversal.
- Hikma will continue manufacturing KLOXXADO; product will be integrated into Emergent's NARCANDirect distribution network.
- CEO Joe Papa cites expanded product options to help reduce opioid overdose deaths and meet diverse patient and community needs.