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Nutriband Expands Partnership with Kindeva for Aversa™

The latest update is out from Nutriband ( ($NTRB) ).

Nutriband Inc. announced the signing of an addendum to its agreement with Kindeva Drug Delivery, formalizing their exclusive partnership and long-term commitment for the development of Aversa™ Fentanyl. This partnership aims to leverage Nutriband’s AVERSA™ abuse-deterrent technology to create the world’s first abuse-deterrent opioid patch, potentially reaching peak annual US sales of $80 million to $200 million.

More about Nutriband

Nutriband Inc. is involved in the development of prescription transdermal pharmaceutical products, with a focus on incorporating aversive agents into transdermal patches to deter the misuse of drugs, such as opioids and stimulants.

YTD Price Performance: 56.48%

Average Trading Volume: 196,964

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $79.08M

Find detailed analytics on NTRB stock on TipRanks’ Stock Analysis page.

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