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Stock Market & Financial Investment News

News Breaks
May 28, 2014
08:14 EDTACURAcura Pharma downgraded to Hold from Buy at MLV & Co.
MLV & Co. Acura following the announcement that the FDA advised the company that the data from the company's intranasal abuse liability study AP-ADF-301 for the company's AVERSION hydrocodone bitartrate with acetaminophen product candidate are insufficient to support an intranasal abuse deterrence claim.
News For ACUR From The Last 14 Days
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July 1, 2015
06:17 EDTACURAcura Pharma to raise about $7.6M from certain institutional investors
Acura Pharmaceuticals announced it has entered into a Securities Purchase Agreement with certain institutional investors to sell 9.79M shares of common stock at a price of 78c per share, payable at closing. Roth Capital Partners served as sole placement agent for the offering. After placement agent fees and estimated offering expenses payable by the company, the company expects to receive net proceeds of approximately $7.05M. The offering is expected to close on or about July 7, subject to customary closing conditions. The company intends to use the net proceeds from the offering for general corporate purposes, funding product development and for general and administrative expenses.
June 29, 2015
06:19 EDTACURAcura Pharma receives Notice of Allowance from USPTO for LIMITX
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