Brief: Bioton Says Harbin Gloria Pharmaceuticals To Pay $9 Mln Settlement To Co

Bioton SA

13/01/2020 07:31

Jan 13(Reuters) - Bioton SA  BIOP.WA :
    * SAID ON SUNDAY THE COMPANY HAS SIGNED A BINDING LETTER OF
INTENT
WITH HARBIN GLORIA PHARMACEUTICALS AND SCIGEN
    * UNDER SAID LETTER OF INTENT HARBIN GLORIA PHARMACEUTICALS 
IS TO
PAY $9 MILLION FINAL SETTLEMENT IN RELATION WITH ALL THE
DISPUTES REGARDING DELIVERY AND DISTRIBUTION AGREEMENT FROM AUG
23, 2015 AND FIRST ANNEX TO THE AGREEMENT FROM DEC 31, 2016

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM5FMY1sa
    
 Further company coverage:  BIOP.WA  
   


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