- CEO
- Robert Jones
- Full Time Employees
- 9
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 616 N. North Court Palatine IL United States of America 60067
- IPO Date
- Mar 28, 1986
- Business
- Acura Pharmaceuticals, Inc. (ACUR) develops and commercializes proprietary drug delivery technologies designed to deter medication abuse, misuse, and overdose, including its LIMITx, Aversion, and Impede platforms; LIMITx retards active drug release upon intentional or accidental ingestion of multiple tablets by neutralizing stomach acid with buffers while delivering normal therapeutic levels from single doses, as in lead candidate LTX-03 (hydrocodone bitartrate/acetaminophen); Aversion incorporates gelling agents and nasal irritants to thwart snorting and injection abuse, powering the FDA-approved OXAYDO tablets (oxycodone HCl, CII) in 5mg and 7.5mg strengths licensed to Zyla Life Sciences; and Impede resists pseudoephedrine extraction for methamphetamine conversion, featured in Nexafed (pseudoephedrine HCl 30mg) and Nexafed Sinus Pressure + Pain (pseudoephedrine HCl/acetaminophen 30/325mg) marketed by MainPointe Pharmaceuticals in the United States and Canada. Founded in 1935 and headquartered in Palatine, Illinois, the company targets the U.S. pharmaceutical market, focusing on opioid analgesics, pseudoephedrine products, and abuse-deterrent formulations for prescribers, pharmacies, and patients seeking safer medication options. In recent developments, Acura has secured multiple loans from Abuse Deterrent Pharma LLC (AD Pharma), which controls about 65% of its common stock, pushing total principal owed to approximately $9 million as of October 2025 with 5.25% interest maturing variably through early 2026, amid ongoing operational funding needs that risk scaling back, furloughs, or termination absent further capital; LTX-03 U.S. commercialization rights are exclusively licensed to AD Pharma, with the latest amendment (effective May 2025) extending the FDA New Drug Application acceptance deadline to December 31, 2025, while the FDA requires additional data plans for lower strengths.