January 3, 2018 / 11:40 AM / in a year

BUZZ-Egalet Corp: Partners with Valeant Pharma's unit to promote nasal spray

** Drugmaker’s shares up 22.3 pct at $1.26 in light premarket trading

** Co partners with Valeant Pharma’s unit OraPharma Inc to promote nasal spray SPRIX to dentists and dental specialists across the U.S.

** SPRIX nasal spray is a nonsteroidal drug for managing short-term, moderate-to-severe level pain in adults that requires analgesic at the opioid level

** Co says to begin promoting in Q1 as part of 2-year agreement, financial terms will not be disclosed

** Stock lost 87 pct in 2017 (Reporting by Medha Singh in Bengaluru)

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