Investors Are Hooked on This Drugmaker Battling Opioid Abuse
- Shares of U.K.-based Indivior hit record high on Monday
- Buyers looking beyond risks as U.S. opioid crisis grows
The Origins of the American Opioid Epidemic
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As opioid addiction reaches epidemic proportions in American communities, investors are getting hooked on a U.K. company trying to wean them off.
Indivior Plc makes Suboxone Film, a prescription medicine to treat dependence on illegal or prescription opioids, a class of drugs including heroin that act on the nervous system to relieve pain. Patients place the small, rectangular piece of film containing an active ingredient known as buprenorphine under their tongue or inside their cheek once a day to reduce cravings and suppress withdrawal symptoms.