News Release Details
Opiant Pharmaceuticals Secures $50 Million in Convertible Debt Financing
Opiant plans to use the proceeds to fund the potential future commercialization of OPNT003, nasal nalmefene, an investigational treatment for opioid overdose, which the company aims to file for approval by the
Under the Agreement, Opiant will be able to draw up to
“This financing, together with the
“We look forward to partnering with a company as innovative as Opiant,” said
“Kreos is pleased to provide this financing to Opiant,” said
Jefferies acted as the exclusive financial adviser to Opiant and
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Source: Opiant Pharmaceuticals, Inc.