Egalet Licenses OXAYDO and Acquires SPRIX

January 8, 2015

Egalet Corporation licensed worldwide rights to OXAYDO from Acura Pharmaceuticals and acquired SPRIX nasal spray from Luitpold Pharmaceuticals, transforming Egalet into a commercial-stage specialty pharmaceutical company focused on pain management. The company also secured $15 million of debt financing from Hercules Technology Growth Capital to fund the transactions and commercial expansion.

Buyers
Egalet Corporation
Targets
OXAYDO, SPRIX
Sellers
Acura Pharmaceuticals, Luitpold Pharmaceuticals
Industry
Pharmaceuticals
Location
United States
Transaction Type
Divestiture

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.