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The grant will be used for the evaluation of nalmefene hydrochloride (HCl) injection, an opioid antagonist indicated for the complete or partial reversal of opioid drug effects.


Lead Product(s): Nalmefene Hydrochloride

Therapeutic Area: Psychiatry/Psychology Product Name: Nalmefene HCl-Generic

Highest Development Status: ApprovedProduct Type: Small molecule

Recipient: The University of New Mexico

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Financing March 27, 2024

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The proceeds will be used to fund commercial readiness for HRT’s low-cost over-the-counter (OTC) intranasal naloxone spray, tradename RiVive. Naloxone is an opioid antagonist rescue medication used to reverse the effects of a life-threatening opioid overdose.


Lead Product(s): Naloxone Hydrochloride

Therapeutic Area: Psychiatry/Psychology Product Name: Rivive

Highest Development Status: Phase IIIProduct Type: Small molecule

Recipient: Harm Reduction Therapeutics

Deal Size: $29.9 million Upfront Cash: Undisclosed

Deal Type: Financing March 21, 2023

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Nalmefene is an opioid antagonist indicated for the complete or partial reversal of opioid drug effects, including respiratory depression, induced by either natural or synthetic opioids, and in the management of known or suspected opioid overdose.


Lead Product(s): Nalmefene Hydrochloride

Therapeutic Area: Psychiatry/Psychology Product Name: Nalmefene Hydrochloride- Generic

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 21, 2022

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The additional funding approved today will help HRT continue its work toward making OTC naloxone nasal spray available to the public. HRT plans to file a New Drug Application for naloxone nasal spray with FDA in 2022.


Lead Product(s): Naloxone Hydrochloride

Therapeutic Area: Psychiatry/Psychology Product Name: Revive

Highest Development Status: Phase IProduct Type: Small molecule

Recipient: Harm Reduction Therapeutics

Deal Size: $17.5 million Upfront Cash: Undisclosed

Deal Type: Financing March 23, 2022

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FDA recently approved ANDA for nalmefene hydrochloride Injection, an opioid antagonist indicated for reversal of opioid drug effects, including respiratory depression, induced by either natural or synthetic opioids, and in management of known or suspected opioid overdose.


Lead Product(s): Nalmefene Hydrochloride

Therapeutic Area: Psychiatry/Psychology Product Name: Nalmefene Hydrochloride-Generic

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 17, 2022

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FDA has approved ANDA for Nalmefene hydrochloride injection, an opioid antagonist indicated for the complete or partial reversal of opioid drug effects, induced by either natural or synthetic opioids, and in management of known suspected opioid overdose.


Lead Product(s): Nalmefene Hydrochloride

Therapeutic Area: Psychiatry/Psychology Product Name: Nalmefene Hydrochloride-Generic

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 23, 2022

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Injectable nalmefene, an opioid antagonist designed to reverse opioid overdose, may be another treatment option to help address the growing and continuing crisis of opioid overdose deaths, including those due to fentanyl and other synthetic opioids.


Lead Product(s): Nalmefene Hydrochloride

Therapeutic Area: Psychiatry/Psychology Product Name: Undisclosed

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 10, 2021

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