Narcan maker aims to lower cost

The maker of Narcan nasal spray is working to lower the cost of the life-saving product.

COLUMBIA, S.C. (CNN)— The maker of Narcan nasal spray is working to lower the cost of the life-saving product.

Emergent said in a statement Thursday that it is aiming for an out-of-pocket price of less than $50 for its Narcan now that the Food and Drug Administration allows for over-the-counter sales.

Its goal is to match the price that government agencies, non-profits and first responders pay. The wholesale price is $125.

Pricing for over-the-counter Narcan will be left to individual retailers.

Emergent aims to have Narcan available online and in stores by late summer.