RespireRx Pharmaceuticals Inc. focuses on developing innovative therapies for neurological disorders with significant unmet needs, such as obstructive sleep apnea (OSA), attention deficit hyperactivity disorder (ADHD), epilepsy, and various pain conditions. Their primary business segments are structured around pharmaceutical cannabinoids under the brand ResolutionRx, and neuromodulators under the brand EndeavourRx, which involve a variety of drug programs including AMPAkines and GABAkines. The company emphasizes creating proprietary formulations, particularly targeting the endocannabinoid system to develop new treatment options based on existing approved drugs, like dronabinol.
To optimize resources and attract financing, RespireRx has separated its drug platforms into distinct business units and is pursuing various avenues for partnerships and capital raises. Their restructuring includes specific fundraising strategies to leverage the commercial potential of separate subsidiaries, which might facilitate unique financing channels and make them more attractive for strategic partnerships, while also participating in tax incentives available in jurisdictions like Australia. Currently, the company navigates challenges related to public market presence and funding but remains committed to harnessing its research capabilities to yield effective pharmaceutical solutions.