Brief: Orexo Reaches Non-Binding Agreement In Principle To Settle Investigation By US Department Of Justice
31/08/2026 07:05
BRIEF-Orexo Reaches Non-Binding Agreement In Principle To Settle Investigation By US Department Of Justice Aug 31 (Reuters) - Orexo AB ORX.ST:
OREXO REACHES NON-BINDING AGREEMENT IN PRINCIPLE TO SETTLE INVESTIGATION BY US DEPARTMENT OF JUSTICE
UNDER AGREEMENT IN PRINCIPLE, COMPANY WOULD AGREE TO PAY USD 4 MILLION IN INSTALLMENTS OVER SEVERAL YEARS
AGREES TO CAPPED CONTINGENT PAYMENT OF 5% NET SALES IN 2030-2031
SETTLEMENT TO TAKE FORM OF NON-PROSECUTION AGREEMENT AND CIVIL SETTLEMENT
EXPECTED TO RECOGNISE PROVISION FOR USD 4 MILLION LIABILITY
Source text: ID:nMFNLtM5x
Further company coverage: ORX.ST
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