Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Everyone needs reminding of what a good company Indivior is now:-
1.New CEO & Board taking the company in a very positive direction.
2. The DOJ case is now firmly behind us.
3. Opioid addiction treatment programmes in America should expand greatly over the next few years, funded by $4 billion fines imposed on opioid manufacturers.
4. Indivior produce the market leading treatment for Opioid addiction.
5. The company is branching out to be involved with products for treating cannabis & alcohol addiction.
What's not to like!
Hi KPDm
Nice to see that you are still with us.
I am well & the golf ticking along as always.
I did have a scan through the report but don't have a great understanding of the litigation payments. From what I can gather the fine was $600m. $100m was paid immediately, followed by 6 yearly payments of $50m. The final settlement of $200m is due to be paid in 2027 so it would make sense to start putting some aside where possible to cover this.
Happy to be corrected if someone with more knowledge knows better!
Interesting article from over the pond.
https://www.google.com/amp/s/www.nasdaq.com/articles/what-makes-indivior-plc-invvy-a-good-fit-for-trend-investing-2021-10-12%3famp
I had to laugh on Saturday. We often have M & S curries for tea after a nice bottle of wine. My partner & I are both cream intolerant so always check the ingredients carefully. This week they were all printed in French!