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Acura shares plunge 36% on Pfizer termination of opioid license deal

This article was originally published in Scrip

Executive Summary

Acura Pharmaceuticals' share price fell 36.4% when the stock market had its first chance to react to news announced late on 27 July that Pfizer will terminate its license for three pre-commercial drug candidates developed by the specialty pain therapeutics company, but the partners will continue their relationship for the marketed drug Oxecta (oxycodone hydrochloride).

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