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British drugmaker Indivior watched its stock tumble Friday morning following news that it lost a patent dispute with a rival generics drugmaker, compromising Indivior’s grip on the opioid addiction market.
The issue centers on Indivior’s drug Suboxone, which has long been taken as daily strips that dissolve on the tongue. The drug, which accounts for 80% of Indivior’s revenue, contains a mild opioid that helps stymie withdrawal for opioid addicts.