SANTA MONICA, Calif., March 07, 2016 (GLOBE NEWSWIRE) -- Opiant Pharmaceuticals, Inc. (“Opiant”) (OTCQB:LLTP), a specialty pharmaceutical company developing pharmacological treatments for substance use, addictive and eating disorders, announced the change of its OTCQB trading symbol from “LLTP” to “OPNT.” The change will take effect at the start of trading on March 8, 2016.
The new trading symbol, which is more closely aligned with Opiant’s name, is intended to strengthen the Opiant brand and increase its profile within the investment community.
Beginning March 8, 2016 all information, including stock trading, SEC filings, and market data related to Opiant will be reported under the new ticker symbol, “OPNT.” The CUSIP for company’s common stock will change to 683750103. Outstanding stock certificates are not affected by the symbol change and will not need to be exchanged.
About Opiant Pharmaceuticals, Inc.
Opiant Pharmaceuticals, Inc., is a specialty pharmaceutical company developing pharmacological treatments for substance use, addictive and eating disorders. Over 45 million people in the U.S. have one of these disorders. The National Institute on Drug Abuse (NIDA), a division of the National Institutes of Health (NIH), describes these disorders as chronic relapsing brain diseases which burden society at both the individual and community levels. With its innovative opioid antagonist nasal delivery technology, Opiant is positioned to become a leader in these treatment markets. Its first product, NARCAN® Nasal Spray, is approved for marketing in the U.S. by the company’s partner, Adapt Pharma Limited. Currently, Opiant is developing opioid antagonists for the treatment of substance use, addictive and eating disorders, with a near term focus on cocaine use disorder and binge eating disorder (BED). For more information please visit: www.opiant.com.
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Source:Opiant Pharmaceuticals, Inc.