Egalet receives a grant from InnoBooster to develop a novel application of Guardian Technology [Seeking Alpha]
EGALET CORP COMMON (EGLT)
Last egalet corp common earnings: 8/8 06:02 am
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Source: Seeking Alpha
Egalet receives a grant from InnoBooster to develop a novel application of Guardian TechnologyEgalet Corporation (NASDAQ:EGLT)announces the company was awarded a grant from InnoBooster to develop a novel oral delivery system using a new application of Egalet's Guardian Technology to develop products in therapeutic areas outside of pain.The grant provides non-dilutive funds to support the research project and will cover most of the external expenses needed to explore this opportunity into the pre-clinical stage of development.InnoBooster is a fund under the Danish Growth Fund. The fund's objective is to promote growth and renewal for small and medium-sized enterprises in order to achieve a greater socio-economic return.Shares are up11% premarket on robust volume.See all stocks on the move »
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