Indivior is letting go of an undisclosed number of employees as it sets in motion its “Indivior Action Agenda,” a sweeping and multi-year strategic initiative to “maximize the potential” of its business. The layoffs are expected to cost Indivior some $16 million to $19 million in one-time severance payments. Aside from the workforce reduction, Indivior will also consolidate and reduce its real estate assets, for which it expects to incur $15 million to $22 million in one-time costs. The company is also looking for “strategic alternatives” for its opioid use disorder therapy Opvee, though it did not specify what options it is currently exploring.
