Indivior signs deal to sell schizophrenia drug Perseris in Canada

Written by Garima Published On 2019-05-11T09:10:31+05:30 | Updated On 11 May 2019 9:10 AM IST

Indivior signs deal to sell schizophrenia drug Perseris in Canada

Perseris, launched in the United States in February, is approved by the FDA for the treatment of schizophrenia in adults.

U.S: British drugmaker Indivior Plc on Thursday signed a licensing agreement with HLS Therapeutics Inc for the sale of its schizophrenia drug Perseris in Canada.

Perseris, launched in the United States in February, is approved by the FDA for the treatment of schizophrenia in adults.

The drug delivers its active ingredient, risperidone, in an extended-release delivery system with no loading doses or oral supplementation recommended.

Read Also: Indivior indicted over Suboxone opioid treatment marketing fraud

Indivior has been looking to reduce its dependence on its best-selling Suboxone film after the opioid addiction treatment was hit by steep market share losses to generic rivals.

Indivior, which gets most of its revenue from Suboxone in the United States, was indicted last month for illegal marketing of Suboxone in the U.S. and was fined $3 billion.

Read Also: Indivior to launch Sublocade; maintains revenue forecast

British drugmaker IndiviorCanadaFDAGeorge VargheseHLS TherapeuticsIndiviorlicensing agreementopioidopioid use disorderPerserisPerseris canadarisperidoneschizophreniaschizophrenia drugSuboxoneSubstance dependencetreatmentUnited StatesUSFDA

Source : Reuters

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Garima

Garima joined Medical Dialogues in the year 2017 and is currently working as a Senior Editor. She looks after all the Healthcare news pertaining to Medico-legal cases, MCI/DCI decisions, Medical Education issues, government policies as well as all the news and updates concerning Medical and Dental Colleges in India. She is a graduate from Delhi University. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751 To know about our editorial team click here