Breaking News, Collaborations & Alliances

Egalet, Shionogi Enter Development/License Agreement

To develop abuse-deterrent oral hydrocodone opioid candidates

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Egalet Corp. has entered into a definitive collaboration and license agreement with Shionogi Ltd. for the development and potential commercialization of multiple oral abuse-deterrent hydrocodone opioid product candidates using Egalet’s technology platform. Egalet will receive $10 million upfront and is eligible to receive milestone payments of as much as $300 million for development and approval of products under the agreement, as well as royalties on sales that could exceed $100 million....

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