Spravato Approved for Depression
This is a news story, published by CNBC, that relates primarily to Johnson & Johnson's news.
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Health
FDA approves Johnson & Johnson’s nasal spray for depression as standalone treatment
84% Informative
Johnson & Johnson's Spravato is now the first -ever standalone therapy for treatment-resistant depression.
The spray is on its way to becoming a blockbuster product, with the drug bringing in $780 million in sales during the first nine months of 2024 .
The drug is related to ketamine, a common anesthetic that can have hallucinogenic effects.
J&J began to market Spravato more heavily after in-person doctor visits became the norm again.
"The mental health community wasn't really used to doing procedures at that point. We weren't used to having a space set aside," Mattingly says.
"So many of us have become really strong advocates" for it, he says.
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