Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Capital Royalty L.P.
2. Date of Event Requiring Statement (Month/Day/Year)
01/31/2019
3. Issuer Name and Ticker or Trading Symbol
Egalet Corp [EGLT]
(Last)
(First)
(Middle)
1000 MAIN ST., SUITE 2500
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

HOUSTON, TX 77002
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 4,586,874
I
By Iroko Properties Inc. (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants   (2)   (2) Common Stock 2,436,459 $ 0.001 I By Iroko Properties Inc. (1)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Capital Royalty L.P.
1000 MAIN ST., SUITE 2500
HOUSTON, TX 77002
    X    
CRG Partners III - Parallel Fund B (Cayman) L.P.
1000 MAIN ST., SUITE 2500
HOUSTON 77002
    X    
CRG Partners III - Parallel Fund (A) L.P.
1000 MAIN ST., SUITE 2500
HOUSTON 77002
    X    
Iroko Pharmaceuticals Inc.
150 ROUSE BOULEVARD
PHILADELPHIA, PA 19112
    X    
Iroko Properties Inc.
150 ROUSE BOULEVARD
PHILADELPHIA, PA 19112
    X    
CRG Partners III (Cayman) Lev AIV I L.P.
1000 MAIN ST., SUITE 2500
HOUSTON, TX 77002
    X    
CRG Partners III (Cayman) Unlev AIV I L.P.
1000 MAIN ST., SUITE 2500
HOUSTON, TX 77002
    X    
CRG Partners III L.P.
1000 MAIN ST., SUITE 2500
HOUSTON, TX 77002
    X    

Signatures

/s/Nathan D. Hukill, authorized signatory for CR Group L.P. and each of the Funds 02/11/2019
**Signature of Reporting Person Date

/s/ Todd Holmes, authorized signatory for each of Iroko Pharmaceuticals Inc. and Iroko Properties Inc. 02/11/2019
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The shares of Common Stock (the "Shares") and the Warrants are owned directly by Iroko Properties Inc., which is a wholly owned subsidiary of Iroko Pharmaceuticals Inc. CRG Partners III - Parallel Fund "B" (Cayman) L.P., CRG Partners III (Cayman) Lev AIV I L.P., CRG Partners III (Cayman) Unlev AIV I L.P., CRG Partners III L.P. and CRG Partners III - Parallel Fund "A" L.P. (collectively, the "Funds") collectively hold all of the issued and outstanding shares of Iroko Pharmaceuticals Inc. CR Group L.P. may be deemed to beneficially own the Shares and the Warrants by virtue of its position as the investment manager for the Funds. This Form 3 is filed jointly by Iroko Pharmaceuticals Inc., Iroko Properties Inc., CR Group L.P. and each of the Funds.
(2) Pursuant to the terms of the Warrants, Iroko Properties Inc. has the right to acquire up to 2,436,459 additional shares of Common Stock, provided however that, for a period of eighteen (18) months following the date of the issuance of the Warrants, Iroko Properties Inc.'s right to exercise the Warrants is restricted so that it does not hold more than 49% of the issued and outstanding shares of Common Stock of the Issuer. The Warrants do not have an expiration date.

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