Indivior revenue falls as opioid addiction drug’s market share plummets

Opioid addiction is one of the major problems that need an immediate solution as more and more people are getting addicted to it. However, things seem to be getting more difficult as even the makers of the treatment are facing their own problems. Indivior Plc (INDV.L) reported a 19% slump in third-quarter revenue on Thursday as the British drug maker’s best-selling opioid addiction treatment lost more than half of its market share to cheaper generic rivals in the United States.

The company’s shares were down 6.5% after profit also fell by double-digits percentage. The stock has lost nearly two-thirds of its value this year as the London-listed firm faces competition from copycat drugs as well as a $3 billion U.S. fine for illegal marketing practices related to Suboxone. The company, which gets the bulk of its sales from the United States, had gained from the government’s stepped-up efforts to combat an opioid epidemic.

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Indivior has said it will “vigorously defend itself” against the U.S. charges, adding that even if it is unable to reach a settlement, the indictment is not likely to hit operations over the next 12 months.

The company backed its annual revenue and profit forecasts from earlier this month when it had raised them on a slower-than-expected erosion in Suboxone’s market share.

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Drug addiction services struggling with rising demand, say providers

Drug addiction is an acknowledged serious problem. It is serious in the sense that it can cost the lives of many people. As a result of this, there have been so many drug addiction services available to help those who are addicted to drugs. But the sad part is, they are now struggling to cope with the rising demand and are at risk of closure due to a lack of funding, service operators have said.

Speaking at a gathering organised by Citywide, a drug crisis campaign which called on more urgent Government action to tackle substance misuse, workers from drug services all over the country said the prevalence of illegal substances has now reached unprecedented levels.

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Susan Collins, managing director of Addiction Response Crumlin, said that the availability and accessibility of substances have changed with the advent of technology.

“The increase in crack cocaine is visible in most pubs and the dealing that is going on, you’re able to see it. There are young people who are being groomed to sell drugs,” she said. “Although it was quick to get drugs a few years ago, nowadays it’s on your doorstep before you even get down to the shops.”

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Mexico reveals plan to fight drug addiction

The fight against addiction is never-ending. It has been ongoing for so many years now. So many lives have been broken and there are those that have been restored as well. But one thing is for sure, that the problem still exists and the best measures to solve it are yet to be made. Just like what the Mexican government is doing right now.

The Mexican government announced Tuesday that it is ramping up efforts to fight drug addiction. President Andres Manuel Lopez Obrador laid out his plan to fight substance use that centers around prevention, starting with youth. “We are going to dedicate all of the resources of the state … in order to make sure that all of the youth are informed about this matter,” Lopez Obrador said in a news conference.

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He reaffirmed the government’s commitment to making sure young people have access to education, work and good salaries. Well-being, he said, will help counter increased levels of addiction.

As part of the plan, the government will only distribute messages about the new program against addiction. The president did not mention for how long the messaging campaign will last.

“I have given the command that for a while we are not going to transmit messages about what we’re doing in the government other than the campaign against addiction,” said Lopez Obrador. “This is what you will hear and see on the radio, on television and newspapers. Only this for a while.”

While the campaign to inform youth about the harm of drugs is the first step, Lopez Obrador said the government has not ruled out other methods of possibly decreasing addiction, including legalizing some drugs like marijuana.

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New Program Aims To Help People Suffering From Drug And Alcohol Addiction

Beating drug addiction is getting more difficult each day. This is without mentioning the increasing numbers of people getting addicted to drugs. This had led the Springfield Police Department and the Gateway Foundation launched a program Thursday meant to offer immediate help to people with drug and alcohol addiction.

The Safe Passage Initiative will allow any person to enter the city’s police headquarters or approach an on-duty Springfield police officer and ask for help. A screening process determines if a person is a good candidate for the program. If admitted, those who are in possession of drugs would not be charged.

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Springfield Police Chief Kenny Winslow said the department ran a pilot program in early September—with one participant recently completing a 28-day treatment program and another still in it.

“This is not a get-soft-on-crime initiative. This is not for people who are under arrest for another charge. It’s a realization that addiction affects people of all backgrounds and all socioeconomics.”

Winslow said the initiative is also not for registered sex offenders or for someone who already has three or more drug-related convictions, among other criteria. He said the plan is another way to cut down on crime and unnecessary arrests.

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Jonathan Van Ness reveals HIV diagnosis, former drug addiction

So many people have had their own share of drug addiction. There are those who sought help for it, but for others, it took them a long time to admit that they were once addicted to drugs. Just like Jonathan Van Ness of “Queer Eye” is getting vulnerable in his new memoir “Over the Top.”

In a preview of his book with the New York Times, Van Ness opened up about his early struggles with sex and drug addiction as well as his experience with sexual assault, revealing that he was abused by an older boy from his childhood church. “For a lot of people who are survivors of sexual assault at a young age, we have a lot of compounded trauma,” he said.

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That trauma, Van Ness revealed, led to a series of other “self-destructive” behaviors, including spending hours in AOL chat rooms, which he used to meet up with older men for sex in his teens. Later on, Van Ness started college at the University of Arizona in Tucson where he began doing cocaine. And after spending his monthly allowance on the drug, he began advertising sex for more money. Soon after, he flunked out of college.

Van Ness then moved to Los Angeles to pursue a career as a hairstylist, where he was introduced to methamphetamine, resulting in two rehab trips and two relapses. It wasn’t until he fainted while working in a salon that he “cleaned up” his act. The day after he fainted, Van Ness revealed, he went to Planned Parenthood where he tested positive for H.I.V.

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Company Will Test Psychedelic for Treatment of Opioid Addiction

Opioid addiction is a major problem for a long time now. Although there have been numerous initiatives to end the problem, the process is still ongoing. Still, so many people are suffering from the effects of the drug. This means that more intensive efforts should be done and implemented. In Toronto, a company is looking to have an impact on the treatment of opioid addiction by exploring the potential of psychedelics, an area of study that to this point has seen more intense activity in the mental health field.

Mind Medicine Inc. (Mindmed) announced this week that it has acquired the drug development program for 18-MC (18-methoxycoronaridine), a synthetic derivative of the psychedelic drug ibogaine. The company is preparing 18-MC for a Phase II clinical trial examining its effects in the treatment of opioid use disorder.

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The National Institute on Drug Abuse (NIDA) had funded the 18-MC drug development program for the previous owner, Savant HWP Inc., in 2012, with that leading to one clinical trail of the drug.

Researchers developed 18-MC in 1996 to mitigate the hallucinogenic effects of ibogaine while maintaining its therapeutic properties. Mindmed officials said this week that they also intend to address addiction by developing new versions of other psychedelics such as LSD and psilocybin.

There have been inroads in understanding the potential role of psychedelics in mental health treatment, although a recent literature review suggested that better-designed studies are needed to give a full assessment of psychedelics’ potential.

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Candlelight vigil helps raise awareness about growing problem of addiction in Gloucester County

Drug addiction is a growing problem across the world. It has been affecting the lives of countless people. The effects and consequences of addiction are so dangerous that it can even take one’s life. Due to this, efforts are made to raise awareness and put an end to this problem. In Gloucester County, Candlelight vigil helps raise awareness about the growing problem of addiction in Gloucester County.

Family and friends gathered at James G. Atkins Park on Tuesday to honor loved ones at the fourth annual Candlelight Vigil to recognize International Overdose Awareness Day. The park was a sea of purple, the color which is used to symbolize Overdose Awareness. This event was created by the Gloucester County Freeholders along with the Gloucester County Addictions Task Force and included representatives from area hospitals, recovery housing services and grief counselors talking about services they can provide.

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“I read an article about the heroin overdose problem in Monroe Township, specifically how it was around 25 times the national average,” said Freeholder Jim Jefferson. “After that, we decided we had to so more to help people. So, we just called together people from all walks of life to try and address all the different ways this touches Gloucester County.”

The vigil brought together people who have been affected by addiction so they could find help or support through those going through the same situation or through resources they might not be able to find on their own.

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