Indivior plc (GB:INDV) has released an update.
Indivior plc has reported a robust first quarter in 2024, with net revenues increasing by 12% to $284 million, driven by a 36% surge in revenues for its leading product, SUBLOCADE. Despite facing challenges such as Medicaid disenrollments and a cyberattack, the company remains confident in its full-year guidance, expecting revenue and operating profit growth to accelerate. Indivior is also moving forward with plans to seek shareholder approval for a primary listing in the U.S. to better reflect its shareholder base and growth opportunities.
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