Navigation Links
Egalet Announces Financing to Fund Abuse-Deterrent Medications
Date:9/12/2013

MALVERN, Pa., Sept. 12, 2013 /PRNewswire/ -- Egalet Ltd., a specialty pharmaceutical company developing and planning to commercialize abuse-deterrent oral products for the treatment of pain and other indications, announced today that it has closed a financing of up to $20 million led by Index Ventures with participation from other existing investors.  Egalet has received $10 million initially, with an option for an additional $10 million investment under pre-specified conditions.

Prescription drug abuse became the leading cause of accidental death in the United States in 2008 surpassing deaths caused by automobile accidents.  A 2011 research report prepared by the Substance Abuse and Mental Health Services Administration of the U.S. Department of Health and Human Services, or SAMHSA, estimated that nearly 35 million Americans have used prescription pain relievers, including opioid-containing drugs, for non-prescription purposes at least once in their lifetime.  As of 2007, the total costs of prescription drug abuse were estimated to be up to $72.5 billion annually for public and private healthcare payors in the United States according to the North American Journal of Managed Care. 

Egalet has created two distinct drug delivery systems, each with novel abuse-deterrent features and the ability to control the release profile of the active pharmaceutical ingredient, or API. Using the Company's proprietary platform, Egalet has developed a pipeline of clinical-stage, opioid-based product candidates in tablet form that are specifically designed to deter abuse by physical and chemical tampering while also providing tailored release of the API.  Egalet's lead product candidates, Egalet-001 and Egalet 002, are abuse-deterrent, extended-release, ora
'/>"/>

SOURCE Egalet Ltd.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2

Related medicine technology :

1. Egalet to Present at Life Sciences Europe Conference
2. Egalet Announces Issuance of U.S. Patent
3. CLAAD Selects Egalet As Top Five Technologies To Reduce Prescription Drug Abuse Honoree
4. Egalet Appoints Stan Musial as CFO
5. Precision Optics Corporation Announces $1 Million Order for Microprecision™ Based Endoscopes
6. Young Innovations, Inc. Announces Record Sales and EPS for the Quarter Ended March 31, 2012
7. JDRF Announces Research Collaboration with Dexcom, Inc. to Develop "Smart Transmitter" Technology to Accelerate Artificial Pancreas Studies
8. Misonix Announces New Distribution Agreement For Panama
9. University of Maryland BioPark Announces MedImmunes Dr. Bahija Jallal as Newest Member of Board of Directors for UM Health Sciences Research Park
10. Novelos Therapeutics Announces Successful Completion of First Cohort In Lung Cancer Trial With I-124-CLR1404 (LIGHT) Cancer-Targeted PET Imaging Agent at UW Carbone Cancer Center
11. Boston Scientific Announces CE Mark and European Launch of Emerge™ PTCA Dilatation Catheter
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/26/2014)... 2014  When it comes to diabetes supplies, innovations are ... Timesulin happens to answer a real medical need. ... the market, Timesulin shows how long it,s been since ... missed or double insulin doses. Very easy to use, ... the insulin pen after an injection. There is no ...
(Date:8/26/2014)... ANDOVER, Mass. , Aug. 26, 2014 Acelleron ... and Eatontown, N.J ., is expanding.  Acelleron, ... Fitness to form a new division, Acelleron Maternal Health & ... their clients by providing a full range of resources for ... has been named the director of maternal wellness. Vecchi, ...
(Date:8/26/2014)... 2014 SynCardia Systems, Inc., manufacturer of the ... Inc. 5000 named by the business magazine Inc. ... Health Canada and CE approved Total Artificial Heart, which ... heart transplant," says Michael P. Garippa , SynCardia,s ... care for patients dying from end-stage biventricular heart failure." ...
Breaking Medicine Technology:Montméd obtains reimbursement of Timesulin, the smart insulin pen timer cap, by major insurance companies in Canada 2Suzanne Vecchi Named Director of Newly Acquired Acelleron Maternal Health & Wellness 2Inc. Magazine Ranks SynCardia Systems in Top 3rd in its 2014 Inc. 5000 List 2
... TUSTIN, Calif., Dec. 8, 2011  Radient Pharmaceuticals Corporation  (OTCQX:RXPC) ... Vitro Diagnostic (IVD) cancer test, announced today that ... of Colon and Rectal Surgeons, (ASCRS) Annual Meeting to ... society for colon and rectal surgeons and other surgeons ...
... LONDON, Dec. 8, 2011 Bio-AMD, Inc. ("Bio-AMD" or the ... its former legal counsel. The Company is pleased ... court hearing in 2012 which would otherwise have resulted in ... now looks forward to further progressing its core medical diagnostic ...
Cached Medicine Technology:Radient Pharmaceuticals Submits an Abstract to the American Society of Colon and Rectal Surgeons 2Radient Pharmaceuticals Submits an Abstract to the American Society of Colon and Rectal Surgeons 3Bio-AMD, Inc.; Legal Action Settled 2
(Date:8/27/2014)... August 27, 2014 Ellen V. Krieger, DDS ... practices recently. The video is meant to describe the business ... . , With over 28 years of cosmetic and family ... and helps new patients feel welcomed and cared for. , ... for over 28 years, building a solid reputation of offering ...
(Date:8/27/2014)... DiabetesSisters is pleased to announce its third ... Advocacy Foundation (DCAF) as part of DiabetesSisters’ upcoming ... LAX North. The two organizations are coming together to ... event which is open to the public from 8-9 ... many ways, DiabetesSisters’ Social Media Meetup featuring DSMA Live ...
(Date:8/27/2014)... August 27, 2014 AvePoint, ... and compliance software solutions for next-generation social collaboration ... magazine’s Inc. 500|5000, an exclusive ranking of the ... year. AvePoint joins brands such as Alex and ... edition. , This underscores continued growth and ...
(Date:8/27/2014)... (PRWEB) August 27, 2014 BambooIndustry.com is one ... has various kinds of elegant items for sale now. Recently, ... . , As an industry leader, BambooIndustry.com strives to ... high quality bamboo products for their houses. Now, it is ... All its old and new clients can enjoy a discounted ...
(Date:8/27/2014)... CA (PRWEB) August 27, 2014 AttorneyOne.com, ... regarding all the latest information from the FDA on ... announced on August 1, that Organic Raw Carob Powder ... is recalled due to possible contamination with ... people with weakened immune systems. In healthy people it ...
Breaking Medicine News(10 mins):Health News:Ellen V. Krieger, DDS of McLean, Virginia Announces New Video Describing Industry Best Practices 2Health News:DiabetesSisters and Diabetes Community Advocacy Foundation Join Forces to Bring Together People with Diabetes in Los Angeles 2Health News:DiabetesSisters and Diabetes Community Advocacy Foundation Join Forces to Bring Together People with Diabetes in Los Angeles 3Health News:Inc. Magazine Names AvePoint to the Inc. 500|5000 List of Fastest Growing American Companies for the Fifth Consecutive Year 2Health News:Inc. Magazine Names AvePoint to the Inc. 500|5000 List of Fastest Growing American Companies for the Fifth Consecutive Year 3Health News:Brand New Bamboo Plywoods Now Offered At BambooIndustry.com 2Health News:Organic Raw Carob Powder by Sunburst SuperFoods Recalled: AttorneyOne Monitors and Keeps Consumers Informed 2
... blue lights, are usually most useful on the top of ... Warwick has found a way to use blue light to ... Research led by the University of Warwick, along with ... have found a new light-activated platinum-based compound that is ...
... A new National Research Council report finds no ... through the government,s ground beef purchase program and distributed ... the National School Lunch Program -- would lead to ... Agriculture,s Agricultural Marketing Service (AMS) buys ground beef from ...
... Ind. -- A new study by sexual health researchers ... during sex reported significantly higher levels of satisfaction and ... largest systematic study of this kind, despite the widespread ... concerning its role in alleviating pain or contributing to ...
... 8, 2010) A school-based intervention program helped New ... asthma better manage their symptoms, dramatically reducing the need ... according to a study published online in the ... Students in the eight-week program reported a ...
... Reporter , WEDNESDAY, Dec 8 (HealthDay News) -- A ... pet craves. Over the past five years, sugar has ... cat treats to make them more palatable and profitable, according ... Pet Obesity Prevention. Noting that 90 million U.S. pets ...
... WEDNESDAY, Dec. 8 (HealthDay News) -- If you have ... their accent may help you understand what they,re saying, ... on how well they understood sentences spoken in an ... participants were given different instructions on how to respond ...
Cached Medicine News:Health News:Platinum and blue light combine to combat cancer 2Health News:Stricter testing for federal ground beef program may not lead to safer meat 2Health News:Stricter testing for federal ground beef program may not lead to safer meat 3Health News:Study examines effect of water-based and silicon-based lubricant 2Health News:Study examines effect of water-based and silicon-based lubricant 3Health News:School-based program effective in helping adolescents 2Health News:Those Sweet Pet Treats May Foster Fatness 2Health News:Those Sweet Pet Treats May Foster Fatness 3
Inquire...
... damaged fiber optics reduce the light output to ... in the optical clarity that is so vital. ... essential to prevent further damage and more extensive ... can inspect your cables for you at no ...
Inquire...
... inspects your equipment upon arrival. Our technician then ... provides you with a thorough customer quote. We ... tight budget so well help you prioritize repairs. ... begins., , ISI uses only OEM or widely ...
Medicine Products: