Pfizer and Acura receive US FDA approval for Oxecta immediate-release pain killer Print E-mail
By Deborah Sterescu - Proactiveinvestors.com   
Monday, 20 June 2011 22:51
Pfizer (NYSE:PFE) and Acura Pharmaceuticals (NASDAQ:ACUR) said Monday that the US FDA has approved their Oxecta pain killer drug for marketing.

Oxecta is the first immediate-release form of oxycodone HCl medicine, which applies technology designed to discourage common methods of tampering associated with opioid, or opium, abuse and misuse.

This aversion technology is a unique combination of commonly used pharmaceutical ingredients, which was licensed by Pfizer from Acura.

Opioid medications are an important treatment option for patients with moderate to severe pain, who do not respond well to other treatments. However, abuse and misuse is a common problem.

"We recognize our responsibility to physicians and patients and remain committed to appropriate access to pain treatment and developing medicines to potentially address this important public health and safety issue," said president and general manager of Pfizer Primary Care, Olivier Brandicourt.

"OXECTA will further expand Pfizer's presence in pain management and complements our growing, robust portfolio of treatments and medicines in development for pain relief, one of our strategic, high-priority disease areas."

The most common adverse reactions of the drug are nausea, constipation, vomiting, headache, itchiness, trouble sleeping, dizziness, loss of strength/energy, and sleepiness.

Acura is a specialty pharmaceutical company engaged in the research, development and commercialization of products intended to potentially deter abuse and misuse using its Aversion and Impede technologies. The company's shares rose more than 16% on Monday afternoon to trade at $4.50.


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