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Amneal Pharmaceuticals Cleared by FDA to Sell Generic Version of Nasal Spray to Treat Opioid Overdose -- Shares Rise
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Amneal Pharmaceuticals Cleared by FDA to Sell Generic Version of Nasal Spray to Treat Opioid Overdose -- Shares Rise
Apr 24, 2024 12:53 PM

03:25 PM EDT, 04/24/2024 (MT Newswires) -- Amneal Pharmaceuticals ( AMRX ) rallied Wednesday after the US Food and Drug Administration approved its generic version of the nasal spray used to treat opioid overdose.

Amneal's Naloxone HCI nasal spray is the generic version of OTC Narcan HCI nasal spray. Emergent BioSolutions ( EBS ) owns the trademark.

AMRX shares were more than 11% higher on Wednesday.

Price: 6.01, Change: +0.61, Percent Change: +11.20

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