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Share Name Share Symbol Market Type Share ISIN Share Description
Indivior Plc LSE:INDV London Ordinary Share GB00BRS65X63 ORD USD0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 0.07% 148.10 148.40 148.60 152.00 146.00 152.00 531,449 16:35:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 473.2 -126.5 -14.6 - 1,087

Indivior Share Discussion Threads

Showing 3626 to 3648 of 3750 messages
Chat Pages: 150  149  148  147  146  145  144  143  142  141  140  139  Older
DateSubjectAuthorDiscuss
30/11/2020
07:43
Based on the information available to it, Indivior strongly believes that the claim is without merit and that it has strong grounds for defending against the claim should it be served. If the claim is served, Indivior will fully and vigorously defend itself in any proceedings related to the claim.
timmy11
29/11/2020
14:11
and anyway these stupid idiots should have clarified the status of the claim before dropping a bombshell on Friday
dealy
29/11/2020
13:23
Hopefully that'll be the case.Nonetheless,these legal issues will continue to overshadow an appreciation of advances made in the marketing of Sublocade whilst they'll be concerns of negative cash flow as Suboxone sales fall away.I've made good money here over the years but this latest issues has driven me to the sidelines.It's unsettling to see a legal wrangling between a parent and its offspring.Actually,it's rather pathetic.Will other parties elsewhere in the world decide to "have a go",if RB thinks it's ok to cripple Indivior with a legal claim.Quite possibly.
steeplejack
29/11/2020
12:57
I think it's a case of a) relatively benign settlement or b) full blown legal battle with potentially 1 billion damages.I tend towards (a) but who knows
dealy
29/11/2020
12:45
Next week hopefully will clarify the situation in tht meantime we wait and watch
ariane
29/11/2020
12:13
your reasoning being?
dealy
29/11/2020
10:43
Might well be a substantial sell off next week towards the 30s Https://www.marketscreener.com/quote/stock/INDIVIOR-19344116/financials/
the grumpy old men
28/11/2020
10:31
Slightly watching from the sidelines you could easily form the view that Indivior has been managed incompetently. Sure it ticks many of the correct boxes for incredible detail with all the latest jargon/buzzwords but one can't help thinking the top management lacked basic common sense. As for RB the management as was... no doubt think they got away with it. If this saga appeared in a novel it would be under the fantasy section.
meijiman
28/11/2020
09:29
one thing is for sure: RB didn't file this claim just to tick a box. They would open themselves up to damage claims from Indv investors. There has to be some meaningful compensation goal behind this action
dealy
28/11/2020
09:20
i guess as always, we have to wait and see a strange todo at present left in the dark
misca2
28/11/2020
08:59
not sure that makes much difference. Wonder why Indivior didn't mention the risk of RB knocking on the door in recent announcements on the subject.
dealy
28/11/2020
08:11
Has RB already paid the fine or was it agreed it would be paid over many years thereby staggering the payment hit must research
misca2
28/11/2020
08:00
If RB have any agreement that protects them from liability regarding Indivior than the latter has got a big problem
dealy
28/11/2020
05:15
Reckitt Benckiser suggested the aim of the filing was to preserve the option of serving a claim at a later date. “As you would expect, we regularly take certain procedural steps to preserve potential claims, especially with a view to any potential statute of limitation issues,” the company said. “We do not consider it appropriate to comment further.” [...]
sarkasm
28/11/2020
05:10
Https://www.theguardian.com/business/2020/nov/27/indivior-shares-plunge-at-the-start-of-1bn-opioid-claims-lawsuit The latest legal move is understood to be a procedural step, as RB must commence any claim against Indivior within six years of the date of the demerger. It is thought that RB now has four months to file a formal claim and that settlement negotiations are ongoing.
sarkasm
28/11/2020
04:19
certainly not its a hurricane and tsunami which should have been expected very fishy have a pleasant weekend but take care dealy 27 Nov '20 - 20:14 - 3060 of 3061 0 1 0 You think it's a storm in a tea cup?
sarkasm
27/11/2020
20:14
You think it's a storm in a tea cup?
dealy
27/11/2020
20:10
Thanks for posting this. Best case indivior will have a settlement sum to pay plus a ton of legal fees. Worst case the current Indivior shareholders will be paying RBs indemnification costs and penalties.Either way I can't see the shares being over a pound again for a long time
dealy
27/11/2020
19:43
ALL IN THE PLANNING BEING DONE WITHIN THE 6 YEARS PERHAPS STATUTE BARRED IF LUCKY
sarkasm
27/11/2020
19:42
THE GUARDIAN Reckitt Benckiser Indivior shares plunge at the start of £1bn opioid claims lawsuit Former parent company Reckitt Benckiser sues firm over marketing of its Suboxone Film drug Suboxone Film drug Last year the US justice department charged Indivior over claims Suboxone Film was better than similar drugs during the opioids crisis. Photograph: Spencer Platt/Getty Images Simon Goodley Fri 27 Nov 2020 17.26 GMT Last modified on Fri 27 Nov 2020 19.07 GMT 2 Shares in Indivior plunged on Friday after the pharmaceuticals firm revealed it had been hit by the beginnings of a £1bn opioid legal claim, which is worth more than the entire value of the drugmaker. The move, brought to the high court by Indivior’s former parent company Reckitt Benckiser (RB), relates to the smaller company’s marketing of its Suboxone Film drug, which became embroiled last year in the US opioid crisis when a string of companies were accused of aggressive sales tactics which led to addiction and death. In April of last year the US justice department charged Indivior with fraudulently claiming Suboxone Film was better and safer than similar drugs. The company, owned by Reckitt until 2014, also referred patients to doctors it knew to be prescribing opioids in a careless manner, the indictment said. RB agreed to pay a $1.4bn (£1.1bn) fine to settle the case in July 2019, without any admission of wrongdoing, while earlier this year Indivior said it had “pleaded guilty to one count of making a false statement relating to healthcare matters in 2012” and that it would “make payments to federal and state authorities totalling $600m over a period of seven years”. The latest legal move is understood to be a procedural step, as RB must commence any claim against Indivior within six years of the date of the demerger. It is thought that RB now has four months to file a formal claim and that settlement negotiations are ongoing. The increase in addiction to opioids has become a recurring issue in politics in the US and the UK in recent years, prompting intense scrutiny of pharmaceutical firms. The US president, Donald Trump, declared the opioids crisis a public health emergency in 2017. Shares in Indivior slumped by around 40% to 85p on Friday afternoon, before regaining some ground to be down 20% at 100p, which means the firm is now valued by the stock market at around £735m. The shares had been changing hands at more than 480p as recently as the spring of 2018. Indivior said a statement to the stock exchange that the claim related to “an indemnity contained in the Demerger Agreement entered into between RB and the Company on November 17, 2014. The amount claimed under the submission is £1,073,622,580.51221;. The statement continued: “The claim has not been served on [Indivior] and the company does not have any further details at this time. The company will assess with its advisers the background and merits to the case and will provide an update in due course.”
sarkasm
27/11/2020
19:32
in fact, I'm calling the authorities on Monday about this shambles. This is exactly why the possibility exists to temporarily suspend trading of the shares
dealy
27/11/2020
18:57
Clever RB to wait before acting
buywell3
27/11/2020
18:06
stock should have ben suspended today, pending clarification. absolute shambles
dealy
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