21 May 2026
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
NUTRA PHARMA CORP
CIK: 1119643•1 Annual Report•Latest: 2026-05-20
10-K / May 20, 2026
Nutra Pharma Corporation
Company overview
- Incorporated in California on February 1, 2000 (originally Exotic-Bird.com).
- Business focus: discovery, development, licensing and commercialization of pharmaceutical products and technologies, including homeopathic and ethical drugs. Primary therapeutic areas include pain, autoimmune and infectious diseases, and neurological disorders.
- Core intellectual property and programs center on cobra venom–based products and protein-based therapeutics for autoimmune and viral diseases. Several programs are in preclinical or clinical development.
- Strategic approach: pursue licensing partnerships, collaborations and contract manufacturing to reduce development risk.
Products and brands
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Nyloxin and Nyloxin Extra Strength (OTC topical gel and oral spray)
- Indications: moderate to severe chronic pain (Nyloxin Stage 2; Nyloxin Extra Strength Stage 3).
- Formulations and concentrations:
- Nyloxin Topical Gel: 30 mcg/mL
- Nyloxin Oral Spray: 70 mcg/mL
- Nyloxin Extra Strength Topical Gel: 60 mcg/mL
- Nyloxin Extra Strength Oral Spray: 140 mcg/mL
- Packaging: 2-ounce topical formats; 1-ounce oral spray; larger container options available.
- Distribution channels: nyloxin.com, Amazon (Nyloxin store), Walmart Marketplace; physician offices, clinics, and small-chain pharmacies.
- Military version: Nyloxin Military Strength (approximately twice as strong as Nyloxin Extra Strength); pursued for U.S. government/military sales.
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Cobroxin
- OTC pain reliever; previously marketed, discontinued in 2013; planned reintroduction in 2026.
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Pet Pain-Away
- Homeopathic OTC pain reliever for cats and dogs; launched in 2014.
- Distribution history: Lumaxa Distributors (2014); DEG Productions (2016) for global marketing; current marketing via Amazon, Chewy, and petpainaway.com after re-acquisition of marketing rights in 2020.
- Private label/partnerships: Plus Relief for Pets via Avini Health (private-label product launched Oct 2023).
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Equine Pain-Away
- OTC topical pain reliever for horses; launched 2019.
- Marketed via retailers and online (equinepainaway.com and Amazon).
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Luxury Feet
- OTC pain relief and anti-inflammatory product for pain from high heels and stilettos; launched March 2021.
- Available at luxuryfeet.com and on Amazon.
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Zeolite detox product
- Private-label/contract manufacturing context; initiated Oct 2021 with some online sales.
Manufacturing, operations and regulation
- In-house manufacturing capability completed March 17, 2022; prior reliance on contract manufacturers.
- Facility: GMP-certified manufacturing, with prior ISO Class 5 clean room certification. In 2023 the company moved to a new facility in Boca Raton, Florida (6400 Park of Commerce Blvd, Suite 1B) occupying 18,504 sq ft shared with Avini Health.
- Suppliers: cobra venom sourced from two U.S. suppliers, with additional suppliers in China, Thailand and India.
- Contract manufacturing and partnerships:
- March 2022: agreement to act as formulator and contract manufacturer for Avini Health (related party).
- 2025: Avini manufacturing moved entirely to Avini Health; Nutra Pharma retains unlimited rights to its production facilities and access to Avini’s production crew for Nutra Pharma products.
- Regulatory status:
- Active in homeopathic regulation (HPUS monographs) and FDA compliance for homeopathic OTC products.
- FDA communications: received a warning letter in 2019 regarding Nyloxin marketing claims; the company responded and reports no further FDA communication.
- Orphan Drug designation: FDA Orphan Drug designation for pediatric multiple sclerosis (RPI-78M) granted Sept 2015.
- Ethical (non-homeopathic) drug candidates: none have FDA approval; regulatory pathways and clinical studies are planned contingent on financing.
Intellectual property
- Patents (active or referenced)
- US 8,034,777 — Modified Anticholinergic Neurotoxins as Modulators of the Autoimmune Reaction (expired Nov 22, 2025).
- US 7,902,152 — Use of cobratoxin as an analgesic (expires Oct 13, 2028).
- US 7,758,894 — Modified elapid venoms as stimulators of the immune reaction (expires Sept 11, 2027).
- Additional patents and applications cover cobratoxin, venom-derived therapeutics and nerve-agent countermeasures; ReceptoPharm patents are referenced.
- Protection strategy: combination of patents and trade secrets; ongoing patent filings for manufacturing improvements and clinical platforms.
Markets, customers and distribution
- Domestic channels: direct-to-consumer online sales, select retailers, physician offices, clinics and small-chain pharmacies.
- Government/military: Nyloxin Military Strength targeted for potential U.S. government and military procurement and Federal Supply Schedule opportunities.
- International efforts: pursuing registrations and approvals in Canada, Mexico, India, Australia, New Zealand, Central and South America, and Europe. India market entry supported by third-party services; Canada regulatory engagement planned with Nature’s Clinic (re-engagement planned for 2026).
- Product channel details:
- Nyloxin: nyloxin.com, Amazon Nyloxin storefront, Walmart Marketplace; physician offices, clinics and small-chain pharmacies.
- Pet Pain-Away: Amazon, Chewy and petpainaway.com; private-label arrangements with Avini (Plus Relief for Pets).
- Equine Pain-Away and Luxury Feet: sold via company sites and Amazon.
- Avini Health collaboration: Nutra Pharma acts as contract manufacturer for Avini’s Plus Relief branded products and other private-label orders; Avini handles broader distribution.
Financial performance (selected figures)
- Revenue
- 2025: $385,307
- 2024: $392,150
- 2024 product breakdown: Nyloxin $77,217; Pet Pain-Away $52,750; private label $116,342; Avini-related product sales $145,841.
- 2025 product breakdown: Nyloxin $58,309; Pet Pain-Away $55,185; private label $144,118; Avini-related product sales $127,695.
- Income and profitability
- Net loss: 2025 net loss $2,047,392; 2024 net loss $1,285,663.
- Net operating loss: 2025 $1,462,338; 2024 $878,421.
- Accumulated deficit: $78,278,529 as of December 31, 2025.
- Liquidity and capitalization
- Working capital deficit: $16,813,637 as of December 31, 2025.
- Negative cash flow from operations: approximately $1.16 million in 2025; approximately $0.42 million in 2024.
- Outstanding shares: 109,150,000 shares outstanding subject to Rule 144 as of December 31, 2025.
Employment and facilities
- Employees: 7 (CEO, Director of Marketing, CSO, VP of Operations, Operations Manager, Quality Systems Manager, Warehouse Manager).
- Use of outside consultants, lawyers and accountants as needed and as funding permits.
- Facilities:
- Previous facility: 5,500 sq ft in Plantation, FL; lease renewed through December 31, 2025.
- Current facility: 18,504 sq ft shared with Avini Health at 6400 Park of Commerce Blvd, Boca Raton, FL, including lab, conference room, production suites and offices.
Risks and regulatory matters
- Key risk factors include dependence on limited revenue streams, the need to raise financing, the ability to scale manufacturing, competition, regulatory approvals for non-homeopathic drug candidates, and going-concern risk due to operating losses and working capital deficiency.
- SEC litigation matters were resolved through consent judgments and settlements (2024–2025), including disgorgement and penalties.
Strategic and organizational notes
- In-house manufacturing was pursued to reduce costs and enable faster product upgrades, while retaining production capacity rights for private-label and partner programs.
- Orphan Drug designation for pediatric MS provides potential development incentives if development proceeds.
- Business model centers on a core set of pain-relief products and niche autoimmune/neurological programs, with emphasis on licensing, partnerships and contract manufacturing to support operations.
