Maker of Opioid Overdose Drug Aiming for $50 OTC Value

Maker of Opioid Overdose Drug Aiming for $50 OTC Value

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April 21, 2023 — Emergent BioSolutions suggests it hopes the expense of its over-the-counter nasal spray Narcan – an opioid overdose reversal medication – will be much less than $50 for a single carton of two 4-milligram doses.

Emergent reported its aim is to make the OTC retail value “consistent” with the price tag the company costs general public fascination teams, which averages fewer than $50 for each package. But the actual retail rate will be established by personal suppliers, Emergent stated in a information release.

The Food and drug administration accepted OTC Narcan on March 29, but Emergent did not provide a expense at that time. Emergent stated it anticipates the drug will be sold in merchants and on-line by late summer time.

That $50 price would be less than the company’s current wholesale acquisition expense rate of $125, Emergent said. Still, the drug would be also high priced for numerous folks who would benefit from it, overall health gurus explained to NBC Information.

“It is not likely that most people will drop $40 to $50 on Narcan,” claimed Michael Barnett, MD, associate professor of wellbeing coverage and administration at the Harvard T.H. Chan College of General public Well being. “They are also prioritizing rent, foodstuff, and also having to pay for opioids, which we want them to minimize.”

The drug is now offered by prescription and for cost-free at community health and fitness departments and neighborhood facilities. Some pharmacy chains make the drug available without having prescription, but shoppers have to request a pharmacist to dispense it. Health insurance coverage usually does not include nonprescription drugs, and it is not regarded if an exception will be created for Narcan. 

“There is an unavoidable stress when prescription drugs like Narcan are authorised for over-the-counter sale,” Larry Levitt, the govt vice president for health policy at KFF, advised NBC News. “These medicines grow to be far more accessible more than the counter, but also ironically far more pricey for sufferers in a lot of conditions if insurance plan does not address them.”

It’s hoped Narcan will help stem the selection of lethal opioid overdoses, believed at 1000,000 for every year in the United States.

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