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Standard Life Aberdeen Has 5.1% Stake In Indivior After Transaction (ALLISS)

15th Jun 2018 16:50

LONDON (Alliance News) - Indivior PLC on Friday said Standard Life Aberdeen PLC now has a 5.1% interest in the pharmaceutical firm after a transaction on Tuesday.

Prior to that, Standard Life Aberdeen's holding was undisclosed.

Shares in Indivior were trading 23% lower on Friday afternoon at 379.10 pence each.

Late Friday, Indivior said it believes its Suboxone film medication could see a "rapid and material loss of market share" following a recent decision by the US Food & Drug Administration to allow generics of the drug.


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SLA.LIndivior
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