FDA approves Johnson & Johnson's nasal spray for depression as standalone treatment
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The FDA has approved Johnson & Johnson's nasal spray, Spravato, as a standalone treatment for adults with treatment-resistant major depressive disorder. This marks the first standalone therapy for such cases, potentially boosting sales for J&J.
January 21, 2025 | 1:30 pm
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Johnson & Johnson's Spravato has received FDA approval as a standalone treatment for treatment-resistant depression, potentially increasing its market share and sales.
The FDA approval of Spravato as a standalone treatment for treatment-resistant depression is a significant development for Johnson & Johnson. This approval could lead to increased sales and market share, as it is the first therapy of its kind. The news is highly relevant and important for J&J investors, as it strengthens the company's position in the mental health treatment market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100