Avanir Pharmaceuticals
Founded Year
1988Stage
Acq - P2P | AcquiredTotal Raised
$66.18MValuation
$0000Revenue
$0000About Avanir Pharmaceuticals
AVANIR Pharmaceuticals is a biopharmaceutical company focused on bringing innovative medicines to patients with central nervous system disorders of high unmet medical need. The Company develops treatments for pseudobulbar affect, diabetic peripheral neuropathic pain, and other conditions. AVANIR out-licensed its moniclonal antibodies, and produces an over-the-counter treatment for cold sores.
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Expert Collections containing Avanir Pharmaceuticals
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Avanir Pharmaceuticals is included in 1 Expert Collection, including Diabetes.
Diabetes
1,902 items
Avanir Pharmaceuticals Patents
Avanir Pharmaceuticals has filed 34 patents.
The 3 most popular patent topics include:
- Neurological disorders
- Psychiatric diagnosis
- Cognitive disorders

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
6/24/2020 | 12/15/2020 | Morphinans, Amines, Phenols, Piperidines, NMDA receptor antagonists | Grant |
Application Date | 6/24/2020 |
---|---|
Grant Date | 12/15/2020 |
Title | |
Related Topics | Morphinans, Amines, Phenols, Piperidines, NMDA receptor antagonists |
Status | Grant |
Latest Avanir Pharmaceuticals News
Nov 10, 2022
To embed, copy and paste the code into your website or blog: <iframe frameborder="1" height="620" scrolling="auto" src="//www.jdsupra.com/post/contentViewerEmbed.aspx?fid=b0f64c59-61e2-4fad-a278-df1517f820b4" style="border: 2px solid #ccc; overflow-x:hidden !important; overflow:hidden;" width="100%"></iframe> We always focus on foreign bribery — the FCPA and corporate bribery of foreign officials. It is certainly a problem that undermines economic development and human rights. However, bribery and corruption is real and significant in the United States, from local to state to federal government officials, the news is filled with instances of bribery and corruption. Wherever there is money flowing, there is sure to be fraud and corruption. Even outside government institutions, various industries suffer from bribery and corruption — particularly the drug industry and their interactions and relationships with physicians. A drug company (like medical device companies) can sink or swim depending on the support they get from physicians — whether the doctors will write prescriptions for their patients. As a result, here is a profound grasp of the obvious — drug companies face high-risk when dealing with doctors. In a recent announcement, DOJ announced two resolutions on an ongoing investigation focused on Avanir Pharmaceuticals and its neurological drug, Nuedexta. Specifically, Dr. Deepak Raheja, a neurologist, and Frank Mazzucco, a company sales representative, pleaded guilty on the eve of their trial to a scheme to bribe doctors to prescribe Nuedexta. Both defendants admitted to a bribery scheme in which Mazzucco arranged to pay bribes to Dr. Raheja and other doctors to write more prescriptions for Nuedexta, even for patients who did not suffer from the condition the drug treated. Between 2011 and 2016, Avanir paid Raheja around $331,000 in bribes in exchange for 10,088 prescriptions of Nuedexta (the highest in the United States). In addition to paying Raheja, Mazzucco arranged with an employee to incentivize other physicians to increase the number of prescriptions. Nuedexta is used to treat pseudobular, a condition that causes involuntary and frequent crying and laughing fits, and is often associated with patients who suffer strokes. As part of the plea deals, Raheja agreed to serve 2.5 years in prison, surrender his license and pay a fine up to $300,000 and $1.18 million in restitution. Mazzucco agreed to serve between 15 to 21 months and payment of $488,000 in restitution. These last two deals, however, is the end of a long and tortured prosecution of corruption that permeated Avanir’s Nuedexta over the last three years.
Avanir Pharmaceuticals Frequently Asked Questions (FAQ)
When was Avanir Pharmaceuticals founded?
Avanir Pharmaceuticals was founded in 1988.
Where is Avanir Pharmaceuticals's headquarters?
Avanir Pharmaceuticals's headquarters is located at 30 Enterprise, Aliso Viejo.
What is Avanir Pharmaceuticals's latest funding round?
Avanir Pharmaceuticals's latest funding round is Acq - P2P.
How much did Avanir Pharmaceuticals raise?
Avanir Pharmaceuticals raised a total of $66.18M.
Who are the investors of Avanir Pharmaceuticals?
Investors of Avanir Pharmaceuticals include Otsuka Holdings, OrbiMed Advisors, Clarus, Vivo Capital, ProQuest Investments and 23 more.
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