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Indivior Responds to Publication of a Letter by Oaktree Capital Management to the Board of Indivior Richmond, VA

Key Takeaway: Indivior PLC has acknowledged the publication of a letter from Oaktree Capital Management to its Board of Directors. The Board has been actively engaging with Oaktree on various proposals aimed at enhancing value for shareholders. Indivior remains committed to its mission of providing innovative treatments for substance use disorders and continues to expand its global portfolio. The company looks forward to ongoing discussions with Oaktree and its other shareholders.

Market Sentiment Analysis

POSITIVE FACTORS

  • Indivior is open to engaging with Oaktree Capital Management for value enhancement.
  • The company is focused on improving shareholder interests.
  • Indivior has a strong dedication to transforming substance use disorders into recognized chronic conditions.

Full Press Release Details

Indivior Responds to Publication
of a Letter by Oaktree Capital Management to the Board of
Richmond, VA, November 8, 2024 - Indivior PLC (NASDAQ / LSE: INDV)
the Board of Directors (the
"Board") of Indivior plc ("Indivior" or the "Company") notes the
publication today of a letter from Oaktree Capital Management LP
("Oaktree") to the Board of Indivior.
The Board has engaged actively with Oaktree in recent weeks on
these topics, and remains open-minded about all proposals to
enhance value creation. The Board is focused on acting in the best
interests of all shareholders as we continue to execute on our
Indivior looks forward to further engagement with
Oaktree and other shareholders.
Indivior is a global pharmaceutical company working to help change
patients' lives by developing medicines to treat substance use
disorders (SUD), overdose and serious mental illnesses. Our vision
is that all patients around the world will have access to
evidence-based treatment for the chronic conditions and
co-occurring disorders of SUD. Indivior is dedicated to
transforming SUD from a global human crisis to a recognized and
treated chronic disease. Building on its global portfolio of OUD
treatments, Indivior has a pipeline of product candidates designed
to both expand on its heritage in this category and potentially
address other chronic conditions and co-occurring disorders of SUD.
Headquartered in the United States in Richmond, VA, Indivior
employs over 1,000 individuals globally and its portfolio of
products is available in over 30 countries worldwide.
learn more. Connect with Indivior on LinkedIn by
For Further Information
Investor Enquiries Jason Thompson VP, Investor RelationsIndivior PLC +1 804 402 7123 jason.thompson@indivior.com
Tim Owens Director, Investor Relations Indivior PLC +1 804 263 3978 timothy.owens@indivior.com
Media Enquiries Jonathan Sibun Teneo U.S. Media Inquiries +44 (0)20 7353 4200 +1 804 594 836 Indiviormediacontacts@indivior.com

Frequently Asked Questions

What did Indivior respond to on November 8, 2024?

Indivior responded to a letter from Oaktree Capital Management to its Board.

How is Indivior engaging with Oaktree Capital Management?

Indivior's Board has actively engaged with Oaktree and remains open to proposals.

What is Indivior's vision for patients globally?

Indivior aims for all patients to access evidence-based treatment for SUD.

In how many countries are Indivior's products available?

Indivior's products are available in over 30 countries worldwide.

Where is Indivior headquartered?

Indivior is headquartered in Richmond, VA, USA.

Last updated: Nov 8, 2024