The patent application was filed by Acura Pharmaceuticals, Inc. for a methods and compositions for self-regulated release of active pharmaceutical ingredient. It was filed on June 11, 2020 before being approved on Aug. 10, 2021.
It was the only patent approved in the week ending Aug. 14 from Palatine.
Though patents are required for inventions and products, the granting of a patent is not a guarantee for success. Dennis Crouch, co-director of the Center for Intellectual Property & Entrepreneurship said roughly 50 percent of patents expire prematurely due to costs.
Longest patent application period in Palatine for week ending Aug. 14
| Applicant Name | Filing Date | Granted Date |
|---|---|---|
| Acura Pharmaceuticals, Inc. | 2020-06-11 | 2021-08-10 |
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