Brief: Affymax ends supply deal with Lonza

Affymax

31/05/2013 21:21

May 31 (Reuters) - Affymax Inc  AFFY.O : * Entered letter agreement with Lonza sales to terminate supply agreement between co and Lonza, dated September 29, 2008 - SEC filing * Also entered agreement with Nektar Therapeutics to resolve,settle certain disputed and undisputed amounts owed to Nektar * Says made payments totaling about $6 million to Lonza and Nektar in consideration for entering both agreements * Further company coverage  AFFY.O  ((Bangalore Newsroom; +1 646 223 8780))