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Pin to quick picksIndivior Share News (INDV)

Share Price Information for Indivior (INDV)

London Stock Exchange
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Share Price: 1,435.00
Bid: 1,454.00
Ask: 1,456.00
Change: -5.00 (-0.35%)
Spread: 2.00 (0.138%)
Open: 1,440.00
High: 1,474.00
Low: 1,435.00
Prev. Close: 1,440.00
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IN BRIEF: Indivior Swings To Loss As It Loses Suboxone Market Share

Thu, 30th Jul 2020 11:23

Indivior PLC - Virginia, US-based pharmaceutical company - Reported a steep 33% fall in net revenue in the six months ended June 30 to GBP303 million from GBP454 million the year before. Indivior swung to a pretax loss of GBP171 million from a GBP166 million profit. The firm reported a decline in market share of its Suboxone film opioid treatment to 21% at the end of the half, from 27% a year prior. It also reported that the cancellation of its generic opioid treatment film buprenorphine in the fourth quarter of 2019 helped drag first half US net revenue down 42%.

Current stock price: 144.30 pence

Year-to-date change: up sharply from 39.00p

By Neetika Kurup; neetikakurup@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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