SLOUGH, United Kingdom, Dec. 23, 2014 /PRNewswire/ -- Indivior PLC (LON: INDV) (“Indivior”) will begin trading on the London Stock Exchange’s main market at 8 a.m. GMT today following the admission of 718,577,616 of its ordinary shares to the premium listing segment of the Official List of the UK Listing Authority. Indivior will trade under the ticker “INDV”. Indivior is a global specialty pharmaceutical company committed to expanding treatment access and pioneering innovative therapies for the chronic diseases of addiction and related mental health disorders.
“This is an exciting time for Indivior, our shareholders and the patients we serve worldwide. We made great strides with Reckitt Benckiser Group’s support as Reckitt Benckiser Pharmaceuticals, and we now have the opportunity to continue our efforts to transform the global addiction treatment landscape under our own, focused direction and management. With the recent selection of the Executive Committee and Board of Directors, our experience in expanding treatment accessibility and our growing pipeline, we are confident in Indivior’s future,” said Shaun Thaxter, Chief Executive Officer of Indivior. “We are building upon our understanding of the patient journey to continue bringing to market novel solutions that advance treatment in opioid dependence and combat broader addiction epidemics and other mental health disorders.”
In July 2014, the Reckitt Benckiser Group (the “RB Group”) announced it was pursuing a demerger of the Reckitt Benckiser Pharmaceuticals business with a separate UK listing. At the RB Group General Meeting on December 11, 2014, shareholders voted in favour of the demerger. In the demerger, RB Group shareholders have received one ordinary share in Indivior for each ordinary share in RB Group that they hold. RB Group’s ordinary shares will continue trading under the symbol RB-LN.
About Indivior
Indivior is a global specialty pharmaceutical company with a 20-year legacy of leadership in patient advocacy, health policy and evidence-based best practice models that have revolutionized modern addiction treatment. The name is the fusion of the words individual and endeavor, and the tagline “Focus on you” makes the company’s commitment clear. Indivior is dedicated to transforming addiction from a global human crisis to a recognized and treated chronic disease. Building on its robust, global opioid dependence portfolio featuring SUBOXONE® (buprenorphine and naloxone) Sublingual Film (CIII), SUBOXONE® (buprenorphine and naloxone) Sublingual Tablet and SUBUTEX® (buprenorphine) Sublingual Tablet, Indivior has a strong pipeline of product candidates designed to both expand on its heritage in this category and address other chronic diseases of addiction – including opiate overdose, alcohol use disorders and cocaine intoxication. It also is pursuing novel product candidates in related mental health disorders such as schizophrenia. Headquartered in the United States in Richmond, Va., Indivior employs more than 700 individuals globally and its portfolio is available in over 40 countries worldwide. Visit www.Indivior.com to learn more.
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