Egalet Acquires/Licenses Two Innovative Approved Pain Products

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Egalet (EGLT) Enters Licensing Agreement for Two Pain Products

January 8, 2015 8:24 AM EST

Egalet (NASDAQ: EGLT) announced the licensing and acquisition of two innovative approved pain products transforming Egalet into a fully integrated specialty pharmaceutical company focused on developing and commercializing products indicated to treat patients living with moderate to severe pain. Egalet has agreed to license worldwide rights to OXAYDO (oxycodone HCI, USP) tablets for oral use only -CII, the first and only approved immediate-release oxycodone product formulated to deter abuse via snorting from Acura Pharmaceuticals. OXAYDO is approved in the United States and indicated for the management of acute and chronic moderate to... More