‘Assuming’ OTC Narcan Approval, Emergent Notes Opportunity But Forecasts Full-Year Revenue Dip

Sales of Narcan nasal spray were down 14% for the full year to $373.7m and 24% in Q4 to $91.1m, Emergent reported. It includes $290m to $310m estimate for 2023 Narcan sales in guidance for all products and services adding up to $1.1bn to $1.2bn. revenues. “We are assuming that FDA grants approval for OTC treatment of Narcan and … launching this product into the OTC market in the summer," says CEO Robert Kramer.