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Last $1.62 USD
Change Today -0.075 / -4.44%
Volume 171.6K
APRI On Other Exchanges
As of 11:19 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

apricus biosciences inc (APRI) Snapshot

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52 Week High
02/25/15 - $2.75
52 Week Low
12/19/14 - $0.92
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Average Volume 10 Days
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apricus biosciences inc (APRI) Details

Apricus Biosciences, Inc. engages in developing and commercializing products and product candidates in the areas of urology and rheumatology in the United States, Canada, Europe, and internationally. The company’s lead product is Vitaros, a topically-applied cream formulation of alprostadil used for the treatment of erectile dysfunction. Its marketing partners for Vitaros include Abbott Laboratories Limited, Takeda Pharmaceuticals International GmbH, Hexal AG (Sandoz), Recordati Ireland Ltd. (Recordati S.p.A.), Bracco S.p.A. and Laboratoires Majorelle. The company’s products under development include second-generation Vitaros, a proprietary stabilized dosage formulation that is expected to be stored at room temperature conditions; and RayVa, which is in Phase IIa clinical trial for the treatment of Raynaud’s Phenomenon. It also plans to initiate a Phase IIb trial for fispemifene, a tissue-specific selective estrogen receptor modulator to treat secondary hypogonadism, chronic prostatitis, and lower urinary tract symptoms in men; and out-license Femprox, a product candidate for the treatment of female sexual interest/arousal disorder. The company was formerly known as NexMed, Inc. and changed its name to Apricus Biosciences, Inc. in September 2010. Apricus Biosciences, Inc. was founded in 1987 and is headquartered in San Diego, California.

23 Employees
Last Reported Date: 03/16/15
Founded in 1987

apricus biosciences inc (APRI) Top Compensated Officers

Chief Executive Officer, Secretary and Direct...
Total Annual Compensation: $453.6K
Chief Development Officer and Senior Vice Pre...
Total Annual Compensation: $11.9K
Chief Medical Officer and Senior Vice Preside...
Total Annual Compensation: $1.3K
Compensation as of Fiscal Year 2014.

apricus biosciences inc (APRI) Key Developments

Apricus Seeks Partner

Apricus Biosciences, Inc. (NasdaqCM:APRI) announced that it re-affirms its intent to seek a global development partner for Femprox, Apricus's topical alprostadil cream for the treatment of female sexual interest/arousal disorder ("FSIAD"). Richard Pascoe, Chief Executive Officer of Apricus, said, "We will immediately initiate a disciplined partnering process to identify potential licensees for the global development and commercialization rights for Femprox with the goal of maximizing our return on investment for the potential benefit of shareholders."

Apricus Biosciences, Inc. Announces Approval of Vitaros(R) for Treatment of Erectile Dysfunction in Twelve Additional Countries

Apricus Biosciences, Inc. announced that Vitaros®, a topical cream indicated for the treatment of patients with erectile dysfunction, has been approved through the European Decentralized Procedure in twelve additional countries. Those countries are: Austria, Cyprus, the Czech Republic, Denmark, Finland, Greece, Iceland, Norway, Poland, Portugal, Romania and the Slovak Republic. The company's commercialization partners that hold the license for these additional territories will be responsible for the next step of obtaining national phase approvals in order to make Vitaros ready to launch.

Apricus Biosciences, Inc. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Cash Flow Guidance for the Years 2015 and 2016

Apricus Biosciences, Inc. announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenue of $462,000 compared to $5,454,000 a year ago. Net loss was $5,245,000 or $0.10 per basic and diluted share compared to net income of $1,877,000 or $0.05 per basic and diluted share a year ago. The increase in the net loss was primarily due to the recognition in 2014 of $5.5 million of license fee revenue and increased spending in 2015 on the company's development programs, largely attributable to the company's fispemifene and RayVa clinical trials. For the six months, the company reported total revenue of $937,000 compared to $5,454,000 a year ago. Net loss was $11,657,000 or $0.24 per basic and diluted share compared to $1,385,000 or $0.04 per basic and diluted share a year ago. The company expects to have net cash outflows from operations during 2015 and 2016, as the company progresses Phase IIb development program for fispemifene, develop Vitaros room temperature device, continue the development program for RayVa and meet other operating expenses.


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