(Adds background in paragraph 3 and details on drug in paragraph 4)
May 22 (Reuters) - The U.S. Food and Drug Administration said on Monday it had approved Opiant Pharmaceuticals Inc's nasal spray for reversing opioid-related overdoses in adults and children aged 12 years and older.
The approval is expected to give a boost to British drugmaker Indivior Plc , which recently acquired the drug through its acquisition of Opiant in a deal worth $145 million.
It also expands treatment options to reverse opioid-related overdoses, which have claimed more than 100,000 lives in 2021, according to government estimates.
The spray, which will be sold under the brand name Opvee, is a nalmefene-based drug that acts more quickly and has longer-lasting effects when compared with naloxone, a commonly used medication for reversing opiod-related overdoses.
(Reporting by Bhanvi Satija, Vaibhav Sadhamta and Mariam Sunny in Bengaluru; Editing by Krishna Chandra Eluri and Anil D'Silva)
((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91 9873062788;))
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