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Emergent Buys Adapt Pharma for $735M

Joins effort to combat opioid overdose through acquisition of Adapt and its flagship product NARCAN Nasal Spray

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Emergent BioSolutions has entered into an agreement to acquire Adapt Pharma and its flagship product Narcan (naloxone HCl) Nasal Spray, the first and only needle-free formulation of naloxone approved by the U.S. FDA and Health Canada, for the emergency treatment of known or suspected opioid overdose as manifested by respiratory and/or central nervous system depression. Total consideration for the transaction is up to $735 million consisting of an upfront payment of $635 million and up to $100 mi...

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