- CEO
- William I. Ramage D.Phil
- Full Time Employees
- 50
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 500 Arsenal Street Watertown MA United States of America 02472
- IPO Date
- Oct 8, 2003
- Business
- Acusphere, Inc. operates as a specialty pharmaceutical company primarily engaged in the development and commercialization of cardiovascular drugs. The company's principal product is Imagify, an injectable suspension containing perflubutane polymer microspheres designed for myocardial perfusion imaging to detect coronary artery disease. Imagify serves as a diagnostic tool offering a radiation-free alternative to nuclear stress testing. Acusphere also leverages proprietary microsphere technology to develop new drugs and improved formulations of existing drugs, focusing on enhancing safety, efficacy, and patient compliance. The company operates mainly in the United States with regulatory and commercial development efforts in the European Union, having submitted a Marketing Authorization Application for Imagify to the European Medicines Agency. Founded in 1993, Acusphere is headquartered in Watertown, Massachusetts.
In recent years, Acusphere has focused on strategic partnerships, notably with Cephalon, Inc., which provided financing and exclusive licensing for AI-525, an injectable formulation of the hydrophobic drug celecoxib aimed at postoperative pain relief. The company continues to advance Imagify through regulatory review and market development. Acusphere’s technological platform enables controlled porosity and size customization of microspheres for drug delivery applications. The company retains its strategic emphasis on cardiovascular diagnostics while expanding its pipeline with pending clinical trials targeting conditions such as respiration disorders and asthma. The firm continues to strengthen its position through partnerships and regulatory filings to support commercialization in multiple geographies.
Acusphere was formerly known as Polymers For Medicine, Inc. until a name change in March 2004. The company remains focused within the specialty pharmaceutical segment of the healthcare industry and targets markets requiring advanced diagnostic imaging and injectable drug formulations. Its leadership includes individuals with extensive pharmaceutical development and regulatory expertise. Acusphere's latest operational and strategic changes highlight its commitment to product innovation and international regulatory expansion to capture growing market opportunities in cardiovascular and respiratory drug development.