The US government will buy nearly $750 million of addiction medicine
What happened
The US government awarded a contract worth almost $750 million to Indivior Inc. for addiction treatment medicine. This means the government will buy a large, steady supply of a specific drug used to treat opioid dependence.
Why it matters
This contract shows the US government is committing significant funds to address the opioid crisis through medication-assisted treatment. It guarantees a market for a specific drug, which can stabilize its production and availability. This kind of large-scale procurement can shape the market for addiction treatments for years.
The signal
Watch for similar large-scale contracts for other addiction treatments, which would signal a broader shift in government procurement strategy.