Gaithersburg company buys Narcan maker
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WASHINGTON — Gaithersburg, Maryland-based Emergent BioSolutions will acquire Adapt Pharma, the company that makes opioid overdose reversal nasal spray Narcan, for $735 million. Narcan is the only opioid reversal drug approved by the U.S. Food and Drug Administration. The nasal spray version of naxolone costs $150 for two doses. Emergent will pay $635 million in cash and stock up front to acquire...
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