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Egalet secures funding for drug development

The $27.6 million was secured in a private placement led jointly by new investors Atlas Venture and Index Ventures. Current investors Bio Fund, Dansk Kapitalanlaeg, Danske Bank and

New River net loss widens in 2005

R&D expenses were $18.4 million for 2005 compared to $10.2 million 2004. The company said that his increase was primarily the result of the continued expansion of its