“Opiant Pharmaceuticals (NASDAQ:OPNT), the company that invented the Narcan spray, is developing what it says is longer-lasting treatment nasal treatment for abusers of the opioid Fentanyl.
Fentanyl is a synthetic opioid similar to morphine but 50 to 100 times more potent. It is typically used to treat severe pain. The new nasal spray will be used to save the lives of opioid abusers, according to Dr. Roger Crystal, Opiant Pharmaceuticals’ CEO.
“The idea is very similar to how Narcan works,” he told FOX Business’ Stuart Varney on “Varney & Co.” “It gets them breathing again.”
Source: FoxBusiness.com – February 13, 2018