Brief: Delcath Systems Inc Says On Dec 30, 2021, Unit Received Letter From Medac Stating That Medac Was Terminating Agreement With Immediate Effect
06/01/2022 15:44
Jan 6 (Reuters) - Delcath Systems Inc DCTH.O :
* DELCATH SYSTEMS INC - ON DEC 30, 2021, UNIT RECEIVED
LETTER FROM
MEDAC STATING THAT MEDAC WAS TERMINATING AGREEMENT WITH
IMMEDIATE EFFECT
* DELCATH SYSTEMS INC - MEDAC RESERVED ITS RIGHTS IN FULL,
INCLUDING PURPORTED CLAIM FOR DAMAGES FOR WRONGFUL TERMINATION
* DELCATH SYSTEMS INC - MEDAC AGREED TO WORK WITH UNIT TO
ARRANGE
ORDERLY TRANSITION
Further company coverage: DCTH.O
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