A company whose prescription opioid marketing practices are being blamed for sparking a nationwide overdose and addiction crisis says it's helping fund an effort to make a lower-cost overdose antidote.
OxyContin maker Purdue Pharma announced on Wednesday that it's making a $3.4 million grant to Harm Reduction Therapeutics, a Pittsburgh-based nonprofit, to help develop a low-cost naloxone nasal spray.
First responders, drug users and others have taken to carrying naloxone to reverse overdoses. But the price of the drug has been a problem for state and local governments.
Harm Reduction Therapeutics says it is trying to get its version to the market within two years.
The announcement from Stamford, Connecticut-based Purdue days after the number of lawsuits against the drug industry under one federal judge's watch topped 1,000.
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