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A pharmaceutical company engaged in research, development and manufacture of innovative Aversion(r) Technology and related product candidates.
Acura is up 15% today apparently because they were awarded a patent. Patents are a fairly common thing in biotech and small pharma, and in fact are a prerequisite for any attempt at commercialization of a product. So I'm not really surprised or impressed that Acura obtained a patent. What would impress me is if Acura is actually able to sell enough Oxecta or Impede PSE to justify their development costs. For reasons I've outlined in detail previously, I don't think they will. The dominant providers of opiate pain medications have no incentive to prescribe abuse-resistant products, barring legislation which has not even been proposed.
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