Shantel
Indivior PLC (LSE: INDV), a global pharmaceutical company working to help change patients’ lives by developing medicines to treat substance use disorders (SUD) and serious mental illnesses, today announces that the U.S. Securities & Exchange Commission (SEC) declared its registration statement on Form 20-F effective on June 9. Trading in Indivior ordinary shares on the Nasdaq Global Select Market will commence at U.S. market open today.
Indivior will retain its premium listing on the London Stock Exchange and inclusion in the FTSE 250 index, and its ordinary shares will trade on both exchanges under the ticker symbol “INDV.” The Company also notes that no shares are being offered as part of the additional U.S. listing.
“The additional U.S. listing of Indivior shares is an important milestone,” said Mark Crossley, CEO. “We believe it will bring additional exposure to both Indivior and the disease space in the U.S., which is our largest opportunity market. Over time, we expect it will facilitate increased ownership by additional U.S.-based biopharma investors. We also are mindful of the significant unmet need for opioid use disorder treatment in the U.S., and are hopeful our U.S. listing will help raise awareness of the opioid epidemic.”
Crossley, along with a number of patients and their families, will ring the Opening Bell at the Nasdaq MarketSite in Times Square on June 14 to celebrate the company’s Nasdaq listing and raise awareness of the millions of people affected by substance use disorders and mental health challenges. Members of the Indivior executive team and employees also will be in attendance.
“When we ring the Nasdaq opening bell, we hope to bring focus to our patients and the immense challenges they face,” said Crossley. “Addiction is often misunderstood as a personal moral failing, but the reality is that it is a disease that requires medical treatment like any other chronic illness. At Indivior, we want to change how substance use disorders, mental illness, and opioid overdose are viewed and treated. We are committed to ending the stigma of addiction and helping our patients on their journey to recovery.”
Indivior launched a new patient-focused campaign to complement the company’s Nasdaq listing and the bell ringing event. The patients in attendance at the bell ringing are featured in the ad campaign, which humanizes addiction and shows that recovery is possible.
The patient-focused campaign is running across digital platforms, print, newsletters and outside advertising in Times Square. To learn more, visit indivior.com/en/investors.
About Indivior
Indivior is a global pharmaceutical company working to help change patients’ lives by developing medicines to treat substance use disorders (SUD) and serious mental illnesses. Our vision is that all patients around the world will have access to evidence-based treatment for the chronic conditions and co-occurring disorders of substance use disorder (SUD). Indivior is dedicated to transforming SUD from a global human crisis to a recognized and treated chronic disease. Building on its global portfolio of OUD treatments, Indivior has a pipeline of product candidates designed to both expand on its heritage in this category and potentially address other chronic conditions and co-occurring disorders of SUD, including alcohol use disorder and cannabis use disorder. Headquartered in the United States in Richmond, VA, Indivior employs more than 1,000 individuals globally and its portfolio of products is available in 39 countries worldwide. Visit www.indivior.com to learn more.
