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Acura Pharmaceuticals Inc

 
Hoover's Profile: Acura Pharmaceuticals, Inc.
(NASDAQ (CM):ACUR)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Acura Pharmaceuticals, Inc.
616 N. North Ct.
Palatine, IL 60067
IL Tel. 847-705-7709
Fax 847-705-5399

Type: Public
On the web: http://acurapharm.com
Employees: 15
Employee growth: 7.1%

Acura Pharmaceuticals is working to make it harder to abuse otherwise good drugs. The company has developed a technology to add abuse-deterring agents to commonly abused pharmaceuticals. If a drug with these agents (what Acura calls Aversion Technology) is taken in excess, the ingredients cause unpleasant symptoms shortly after ingestion. If a tablet is crushed and inhaled other ingredients will cause nasal irritation; and if an abuser attempts to dissolve the powder, it will form a non-injectable gel. Lead product candidate Acurox combines Aversion Technology with the commonly abused opioid painkiller oxycodone HCl.

Key numbers for fiscal year ending December, 2008:
Sales: $44.4M
One year growth: 593.9%
Net income: $14.5M

Officers:
Chairman: Richard J. Markham
President, CEO, and Director: Andrew D. (Andy) Reddick
SVP and COO: Robert B. Jones

Competitors:
Elite Pharmaceuticals
Endo Pharmaceuticals
Pain Therapeutics

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