Indivior warns of bigger hit from copycat drug

July 25 (Reuters) – Indivior said on Wednesday the impact from the launch of a generic version of its opioid addiction treatment “could be materially higher” in 2018, as the British drugmaker posted a second straight drop in quarterly profit.

The company, which issued a profit warning this month citing significant market share loss for star drug Suboxone Film, said adjusted net income fell 21.3 percent to $70 million in the quarter ended June 30 from a year earlier.

Revenue fell 6.9 percent to $268 million in the quarter. (Reporting by Justin George Varghese in Bengaluru Editing by Saumyadeb Chakrabarty)



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