Spravato sales momentum underscores market potential for psychedelics, atai Life Sciences seen as key beneficiary

Spravato sales momentum underscores market potential for psychedelics, atai Life Sciences seen as key beneficiary

JNJ
Positive
Market
Spravato sales momentum underscores market potential for psychedelics, atai Life Sciences seen as key beneficiary

Summary

Sales of Johnson & Johnson (NYSE:JNJ)'s esketamine nasal spray Spravato grew sequentially in the second quarter, marking...

Sales of Johnson & Johnson (NYSE:JNJ)'s esketamine nasal spray Spravato grew sequentially in the second quarter, marking a positive sign for the broader psychedelics sector, according to Jefferies analysts. Spravato sales grew 29% quarter-over-quarter to $414 million worldwide.

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