Camurus gains PBS listing of long-acting Buvidal as opioid dependence therapy

26 August 2019

Australian Federal Health Minister Greg Hunt announced on Sunday that Swedish drugmaker Camurus’ (STO: CAMX) long-acting medication Buvidal (buprenorphine) Weekly and Monthly solutions for injection will be listed on the country’s Pharmaceutical Benefit Scheme (PBS).

From September, Buvidal will be fully subsidized as a part of a A$40 million (~$27 million) investment by the Australian government, with the news pushing Camurus’ shares up 4.7% to 82.00 Swedish kronor in trading this morning.

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