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BioCorRx Inc

biocorrx.com

BioCorRx Inc (OTC: BICX) is a pharmaceutical and addiction treatment company focused on developing and commercializing products for substance use disorders. Revenue derives from a combination of grant income and product sales, with grant income of $2,435,848 recognized in FY2025 compared to $1,473,276 in FY2024, representing the dominant income source disclosed in the 10-K filed March 31, 2026. In March 2025, subsidiary BioCorRx Pharmaceuticals Inc. acquired Lucemyra, an FDA-approved prescription medication for opioid withdrawal, from US WorldMeds via an asset purchase agreement with a $400,000 upfront purchase price structured as a 50% net sales revenue share. The company also holds a $11,029,977 National Institutes of Health grant awarded March 1, 2024, funding research on BICX104, a sustained-release naltrexone implant targeting methamphetamine use disorder. Two officers and directors together with five non-employee directors controlled approximately 66.50% of outstanding voting equity as of the FY2025 filing. The company carries accumulated deficit and has funded operations substantially through equity issuances and grants.

Products & Services

Lucemyra: FDA-approved prescription medication for opioid withdrawal, acquired from US WorldMeds in March 2025. BICX104: sustained-release naltrexone implant in research stage targeting methamphetamine use disorder, funded by a $11,029,977 NIH NIDA grant awarded March 1, 2024.

Revenue Model

Grant income from NIH/NIDA awards, product net sales from Lucemyra (opioid withdrawal medication acquired March 2025 via asset purchase), and equity raises including common stock and warrant issuances to accredited investors.

Customers & Markets

End markets are addiction treatment, specifically opioid use disorder and methamphetamine use disorder. Grant funding source is the National Institute on Drug Abuse (NIDA), a division of the National Institutes of Health.

Geographic Exposure

United States. No international operations are disclosed in the filing excerpts.

Financial Snapshot

Revenue
TTM
$1.028M
Gross Margin
TTM
77.25%
Net Income
TTM
-$3.983M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
11.96%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
-$11.62M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
Last 4 Quarters
N/A

Stock Price

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Market Cap: $7.5544 Million

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