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Posted On: 08/01/2019 3:47:27 PM
Post# of 85942
Who else could be making an anti Opioid medication that is soon to be revealed hmmmmmmmmmmmmm?
$UNVC CONGLOMERATE INC TO $5.00PLUS
https://www.google.com/amp/s/amp.theguardian....indictment
The British pharmaceutical company Indivior had more than £560m wiped from its market value on Wednesday after the US justice department charged it with fraudulent marketing of its treatment for people addicted to opioids.
The indictment demanded the forfeiture of $3bn in cash, as well as all of Invidior’s main business divisions, bank accounts, trademarks and patents – effectively meaning the company would cease to exist if found guilty.
A grand jury in the federal court in Abingdon, in the US state of Virginia, said Indivior marketed Suboxone Film, an opioid-based drug, as a safe and controllable treatment for opioid and heroin addiction.
The company’s market value has already plummeted in the past year as it has tried to prevent a generic rival to Suboxone Film from entering the market. Shares traded at a record high above 500p as recently as June last year but slumped after US courts allowed the sale of the cheaper, generic rival manufactured by India’s Dr Reddy’s Laboratories.
$UNVC CONGLOMERATE INC TO $5.00PLUS
https://www.google.com/amp/s/amp.theguardian....indictment
The British pharmaceutical company Indivior had more than £560m wiped from its market value on Wednesday after the US justice department charged it with fraudulent marketing of its treatment for people addicted to opioids.
The indictment demanded the forfeiture of $3bn in cash, as well as all of Invidior’s main business divisions, bank accounts, trademarks and patents – effectively meaning the company would cease to exist if found guilty.
A grand jury in the federal court in Abingdon, in the US state of Virginia, said Indivior marketed Suboxone Film, an opioid-based drug, as a safe and controllable treatment for opioid and heroin addiction.
The company’s market value has already plummeted in the past year as it has tried to prevent a generic rival to Suboxone Film from entering the market. Shares traded at a record high above 500p as recently as June last year but slumped after US courts allowed the sale of the cheaper, generic rival manufactured by India’s Dr Reddy’s Laboratories.
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