Acura Pharmaceuticals
The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (February 2014) |
Company type | Public |
---|---|
NASDAQ:ACUR | |
Industry | Pharmaceutical industry |
Founded | 1935[general 1]: 3 |
Headquarters | Palatine, Illinois |
Products | Pharmaceuticals |
Revenue | US$ .75 million (2015)[1] |
Website | acurapharm |
Acura Pharmaceuticals Inc. is a pharmaceutical company focused on the development and commercialization of deterrents to medication abuse and misuse. As of 2012[update], the company had several opioid products under development, which would use "Aversion Technology".[2] As of 2014[update], the company was a publicly traded company, listed on NASDAQ under the symbol "ACUR".
History
In 2013, the Company settled Oxecta patent litigation with Impax Laboratories (IPXL) and Par Pharmaceutical.[3]
Technologies
Aversion Technology
Aversion Technology, provides abuse deterrent benefits to orally administered pharmaceutical drugs.[4][5] Many of the products approved by the US Food and Drug Administration, such as OXECTA from Pfizer, have incorporated such technology.[citation needed]
Impede Technology
Impede Technology is used in easily dissolved tablets and involves the addition of an inactive ingredient polymer matrix, which has been shown to form a thick gel and start a conversion process of crushed pseudoephedrine (PSE).[6] This technology the aims of the Combat Methamphetamine Epidemic Act enacted in the United States in 2006.[7]
Corporate affairs
License agreements
The company has an agreement to license, develop and commercialize opioid analgesic products with King Pharmaceuticals.[8]
Product adoptions
In 2013, multiple retailers – including Kroger and Fruth Pharmacy – stocked Acura's product Nexafed, which is a drug that attempts to prevent illicit methamphetamine synthesis by incorporating the new pseudoephedrine conversion technology from the company.[9] Nexafed has blocker in it that stops the making of methamphetamine.
References
- ^ "Acura Pharmaceuticals Financial Statements". United States Securities and Exchange Commission.
- ^ "Acura Pharmaceuticals, Inc". Google Finance. Google. 266634. Retrieved February 15, 2014.
- ^ "Acura Pharmaceuticals Inc Announces Settlement of Oxecta Patent Litigation With Par Pharmaceutical and Impax Laboratories Inc". Reuters. Reuters. October 9, 2013. Archived from the original on February 15, 2014.
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suggested) (help) - ^ "Acura Pharmaceuticals, Inc. (ACUR) Announces Termination of AVERSION License Agreement With Pfizer Inc. (PFE)". BioSpace. Dice Holdings. September 27, 2012. Archived from the original on November 8, 2012. Retrieved February 15, 2014.
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suggested) (help) - ^ "Acura Pharmaceuticals Announces Earlier Return of Development Products" (Press release). Acura Pharmaceuticals. September 26, 2012. Archived from the original on December 16, 2012. Retrieved February 15, 2014.
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suggested) (help) - ^ "How Impede Technology Works". Nexafed. Acura Pharmaceuticals. Archived from the original on February 15, 2014. Retrieved February 15, 2014.
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suggested) (help) - ^ "IMPEDE® Technology". Acura Pharmaceuticals. Archived from the original on December 18, 2013. Retrieved February 15, 2014.
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suggested) (help) - ^ https://finance.yahoo.com/q/pr?s=ACUR+Profile
- ^ Olsavsky, Rebecca (February 4, 2014). "Kroger stocks meth-resistant drug". Herald-Star. Archived from the original on February 15, 2014. Retrieved February 15, 2014.
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General references
- ^ "ACURA PHARMACEUTICALS, INC" (PDF). EDGAR Online. Form 10-K, 1996. Acura Pharmaceuticals. March 31, 1997. Retrieved February 15, 2014.