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How Ketamine Spawned a $1.7 Billion J&J Blockbuster Drug
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How Ketamine Spawned a $1.7 Billion J&J Blockbuster Drug

Bloomberg Markets · Apr 30, 2026, 8:00 PM

Spravato, the ketamine-derived nasal spray from Johnson & Johnson, was once seen as a long shot. It was difficult to deliver, heavily regulated and slow to catch on. Find out how it became a billion-dollar drug and part of a new model for treating depression. (Source: Bloomberg)

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