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Emergent BioSolutions Receives U.S. FDA Approval of Supplemental New Drug Application (sNDA) for NARCAN® Nasal Spray Multipacks
Globenewswire· 2026-02-12 23:00
Approval will broaden the NARCAN® Nasal Spray portfolio, and improve cost-effectiveness by increasing flexibility and distribution efficiency of this life-saving medication GAITHERSBURG, Md., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Today, Emergent BioSolutions (NYSE: EBS) announced that the U.S. Food and Drug Administration (FDA) has approved its supplemental New Drug Application (sNDA) for new multipack configurations of over-the-counter (OTC) NARCAN® Nasal Spray. This approval expands the NARCAN® Nasal Spray p ...
SCIENTURE Reports Q3 2025 Financial Results and Provides Business Update
Globenewswire· 2025-11-13 13:05
Core Insights - Scienture Holdings, Inc. reported significant revenue growth to $590,050 and a substantial increase in gross profit to $574,621 for Q3 2025 compared to Q3 2024 [2][5][19] - The company launched Arbli, the first FDA-approved ready-to-use liquid formulation of losartan for hypertension, which has been added to key national payor formularies, expanding access to over 100 million covered lives [2][3] - Scienture is preparing to launch REZENOPY, an opioid overdose emergency treatment, in Q1 2026, leveraging a strong commercial infrastructure [2] Financial Performance - Net revenue increased from approximately $65,000 in Q3 2024 to $590,050 in Q3 2025, representing a growth of over 800% [5][19] - Gross profit rose from approximately $4,000 in Q3 2024 to $574,621 in Q3 2025, indicating a significant improvement in profitability [5][19] - The company strengthened its balance sheet by reducing outstanding debt and enhancing its cash position to over $8 million as of November 13, 2025 [2] Product Development - Arbli is a proprietary formulation of losartan, approved for treating hypertension in patients over six years old, and offers a convenient liquid alternative without the need for compounding [3][4] - The product has a shelf life of 24 months at room temperature and is designed to provide consistent quality and dosing accuracy [4] - Scienture's development pipeline remains strong, with ongoing evaluations for additional products to enhance its commercial portfolio [2] Market Position - The launch of Arbli has allowed Scienture to penetrate approximately 20% of the U.S. institutional market through agreements with over 2,500 healthcare institutions [2] - The company aims to create long-term value through sustained adoption of its products across various channels, including retail and long-term care [2]