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Nutriband Inc - NTRB STOCK NEWS

Welcome to our dedicated page for Nutriband news (Ticker: NTRB), a resource for investors and traders seeking the latest updates and insights on Nutriband stock.

Overview

Nutriband Inc is a Florida-based pharmaceutical company specializing in the development of transdermal drug delivery systems that incorporate advanced abuse-deterrent technologies. Its core business revolves around transdermal pharmaceutical products engineered to mitigate the risks of drug abuse, misuse, diversion, and accidental exposure, with a special emphasis on addressing the global opioid crisis. Utilizing proprietary technology that integrates aversive agents into transdermal patches, Nutriband is dedicated to improving patient safety while ensuring essential medications remain accessible for those in need.

Advanced Abuse-Deterrent Technology

The company’s flagship innovation, AVERSA technology, is designed to deter the oral abuse of potent drugs by utilizing taste aversion methods. This technology can be incorporated into various transdermal patches, a critical step toward preventing accidental exposures—particularly in vulnerable populations such as young children. The patented approach provides an additional safeguard by making the potential for abuse less appealing, thereby enhancing the overall safety profile of drugs with abuse potential.

Business Model and Operations

Nutriband Inc generates revenue primarily through the sale of consumer transdermal and coated products, as well as through contract manufacturing services provided by its wholly owned subsidiary, Pocono Pharma. The company leverages its strategic partnerships with top industry players to extend its market reach, including engagements with major retailers and established pharmaceutical manufacturing organizations. This diversified revenue approach not only supports the current portfolio but also positions Nutriband as a flexible partner in both the healthcare and contract manufacturing sectors.

Strategic Partnerships and Intellectual Property

A cornerstone of Nutriband’s success is its robust global intellectual property portfolio, which spans across more than 40 countries including the United States, Europe, Japan, and Australia. Such extensive protection underpins its innovative AVERSA technology and provides a competitive edge in the increasingly critical field of abuse-deterrent transdermal systems. Strategic alliances with industry experts such as Kindeva Drug Delivery further reinforce its position by ensuring that large-scale manufacturing processes align with FDA guidelines and international industry standards.

Market Position and Industry Significance

Operating at the nexus of pharmaceutical innovation and patient safety, Nutriband Inc is positioned distinctively in the competitive landscape of transdermal drug delivery systems. Its strategic focus on developing abuse-deterrent products addresses a significant unmet need in the market, particularly in the context of managing opioid-related risks without compromising therapeutic access. Through its commitment to evolving industry standards and enhancing product safety, Nutriband has established itself as a forward-thinking entity within a critical market segment.

Product Portfolio and Future Applications

While its lead product, an abuse-deterrent fentanyl patch, remains at the forefront of its development efforts, Nutriband is actively expanding its portfolio to include additional transdermal therapies. By integrating its core AVERSA technology across multiple product lines, the company aims to address a wide spectrum of medications with abuse potential, including opioids and stimulants. This strategy not only diversifies its technology applications but also solidifies its reputation as an innovator in transdermal pharmaceutical solutions.

Commitment to Safety and Regulatory Compliance

At the heart of Nutriband’s mission is a dedication to enhancing patient safety through rigorous research, development, and close adherence to regulatory standards. The company emphasizes clear, methodical approaches that streamline market entry while upholding the highest safety measures. This balance of innovation and compliance is critical in a market where the prevention of misuse and accidental exposure is of paramount concern.

Overall, Nutriband Inc exemplifies a strategic blend of innovative product development, methodical market expansion, and a steadfast commitment to patient safety. Its robust technology platform, significant IP portfolio, and established industry partnerships underscore its role as a key contributor to the evolution of abuse-deterrent pharmaceutical products.

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Nutriband Inc. (NTRB) is set to present at The Microcap Conference in Atlantic City from January 30th to February 1st. CEO Gareth Sheridan will deliver two presentations and address questions. The company aims to showcase its potential to investors and traders.
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Nutriband Inc. CEO Gareth Sheridan published a letter to shareholders outlining the company's achievements in 2023 and targets for 2024. The company made significant strides in developing transdermal pharmaceutical products, securing new IP, and signing a commercial development and clinical supply agreement with Kindeva Drug Delivery for AVERSA Fentanyl, estimated to potentially reach peak annual sales of $80M - $200M. The company also reported strong revenue growth in 2023 and aims to expand its revenue opportunities through marketing initiatives and new product launches in 2024.
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Nutriband Inc. (NTRB) announced a commercial development and clinical supply agreement for their lead product, Aversa™ Fentanyl, with Kindeva Drug Delivery. The agreement aims to support a New Drug Application (NDA) with the FDA, replacing a previous feasibility agreement. Aversa™ Fentanyl is estimated to have the potential to reach peak annual US sales of $80M - $200M.
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Nutriband Inc. (NTRB) launches Heating and Cooling Kinesiology Tape under AI Tape brand, offering pain-relieving ingredients for temporary relief of minor aches and pains. The product is the second launch this year, manufactured in the USA at Nutriband's facility in North Carolina, and available for purchase on Amazon and Activeintell.com.
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Nutriband Inc. (NASDAQ:NTRB)(NASDAQ:NTRBW) announces supplier agreement with KT Tape, a market leading kinesiology tape company, for a new line of specialized KT tape. The agreement showcases Nutriband's manufacturing capabilities and positions the company to develop innovative new product technologies with one of the world's largest brands, KT Tape.
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Nutriband completes market assessment and commercialization strategy for Aversa Buprenorphine transdermal system.
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Nutriband Inc. expands patent portfolio for AVERSA™ transdermal abuse deterrent technology, potentially reaching peak annual U.S. sales of $80M - $200M.
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Nutriband Inc. has been shortlisted for 5 awards at the Pharma Industry Awards 2023, recognizing their innovative development of AVERSA abuse-deterrent transdermal technology.
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Nutriband Inc. reports a 48% increase in Q2 2023 revenues compared to Q2 2022, with quarterly revenue of $655,928. Stockholders' equity is $6.9 million as of July 31, 2023. The launch of AI Tape brand and partnership with Donovan McNabb as brand ambassador are seen as positive milestones for the company.
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Nutriband engages Donovan McNabb as brand ambassador for AI Tape, targeting the $236M Elastic Therapeutic Tape market. McNabb's reputation as a pro athlete will deliver exposure and value to the brand. Global market expected to grow to $733.21M by 2033 with a CAGR of 12.0%.
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FAQ

What is the current stock price of Nutriband (NTRB)?

The current stock price of Nutriband (NTRB) is $5.78 as of April 1, 2025.

What is the market cap of Nutriband (NTRB)?

The market cap of Nutriband (NTRB) is approximately 63.4M.

What is Nutriband Inc's core business?

Nutriband Inc focuses on the development of transdermal pharmaceutical products using innovative abuse-deterrent technology. The company is dedicated to enhancing patient safety by preventing the misuse and accidental exposure of drugs with abuse potential.

How does the AVERSA technology work?

AVERSA technology incorporates aversive agents into transdermal patches to deter drug abuse by triggering an immediate taste aversion. This approach reduces the likelihood of misuse, diversion, or accidental ingestion of potent medications.

What are the key revenue streams for Nutriband Inc?

The company generates revenue primarily through the sale of consumer transdermal and coated products, as well as through its contract manufacturing services via its subsidiary, Pocono Pharma. These diversified streams support both product development and manufacturing partnerships.

How does Nutriband position itself within the pharmaceutical industry?

Nutriband occupies a strategic niche in the pharmaceutical sector by targeting the critical issue of drug abuse. Its advanced abuse-deterrent technology and robust intellectual property portfolio distinguish its products, particularly in addressing opioid-related safety concerns.

What strategic partnerships support Nutriband's operations?

Nutriband collaborates with respected industry partners like Kindeva Drug Delivery and Pocono Pharma. These partnerships enhance its manufacturing capabilities and ensure compliance with regulatory standards, broadening its market reach.

In which markets are Nutriband's products available?

While Nutriband is based in the United States, its operations and intellectual property extend globally, covering key markets in Europe, Japan, Australia, and more. The company’s strategic licensing and distribution agreements support international market penetration.

How is Nutriband addressing the opioid crisis?

Nutriband is developing abuse-deterrent transdermal solutions specifically designed to mitigate opioid misuse. By incorporating aversive agents into its patches, the company aims to prevent both intentional abuse and accidental exposure.

How does Nutriband protect its innovative technology?

The company maintains a comprehensive global intellectual property portfolio with patents issued in over 40 countries. This extensive protection secures its AVERSA technology and reinforces its competitive advantage in the transdermal pharmaceutical space.
Nutriband Inc

Nasdaq:NTRB

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NTRB Stock Data

63.42M
3.30M
70.29%
2.1%
2.53%
Biotechnology
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