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NLS Egalet

Agreement - November 29, 2013

Egalet enters collaboration with Shionogi

Denmark’s Egalet has entered into a collaboration and license agreement with Shionogi. The collaboration and agreement regards the development and potential commercialization of multiple oral abuse-deterrent hydrocodone opioid product candidates using Egalet’s proprietary technology. Egalet will receive a $10 million upfront payment from Shionogi. Furthermore, Shionogi has agreed to purchase up to approximately $15 million in common stock in a private placement to […]

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