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Egalet's OXAYDO Receives Pharmaceutical Composition Patent Protection Until 2024
Nov. 17, 2016 08:07AM PST
Pharmaceutical InvestingEgalet which develops specialty pharmaceuticals for pain management and other conditions, today announces a new patent has been issued for OXAYDO.
Egalet (NASDAQ:EGLT), which develops specialty pharmaceuticals for pain management and other conditions, today announces a new patent has been issued for OXAYDO. This product was originally licensed from Acura Pharmacueticals.
According to the press release:
The United States Patent and Trademark Office (USPTO) issued patent 9,492,443 broadly covering immediate-release pharmaceutical compositions comprising an opioid formulated with Acura Pharmaceutical’s proprietary Aversion® Technology intended to discourage common routes of abuse, including snorting. The patent offers protection through 2024.
Egalet’s CEO, Bob Rade, said the following:
“Issuance of this patent further highlights the uniqueness of the OXAYDO formulation, the only approved immediate-release oxycodone designed to discourage abuse via one of the most common routes of oxycodone abuse—snorting.”
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